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Building Patient Loyalty by Spending the Extra Buck

Financial

By Mary Hollis Stuck

Everything you do in your practice affects your bottom line. As a business, it is important to focus on profit margins, to ensure you’re keeping ...

The COVID-19 Stimulus Package: Protecting Your Practice

Financial

By Mary Hollis Stuck

On March 25, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed, including a $349 billion loan program for small business ...

Keeping Up with PPP Changes – How Your Practice May Be Affected

Financial

By Mary Hollis Stuck

Months after the government began requiring shut downs of many businesses, optometry practices across the nation have re-opened. This means implementi ...

Your Employee Has COVID – Now What?

Financial

By Mary Hollis Stuck

With the virus COVID-19 still surging through the country, it is inevitable that you or someone you know has or will end up catching it. You are takin ...

Optical Lab Profits: In-House or Outsource?

Financial

By Kayla Groves

Have you contemplated whether your practice could sustain an in-house lab? This is a challenging question for any office, but for smaller one-or-two o ...

Encourage your Patients to Utilize FSA Dollars

Financial

By Kayla Groves

December is usually a chaotic month for most people, but this is especially true for optometrists and optical shops. Every year, your patients wait un ...

How Last Minute Tax Savings Can Hurt Your Optometry Practice

Financial

By Eric Levenhagen

Most practice owners know the importance of the December 31 tax planning deadline. There are very few things you can do to affect your 2020 tax liabil ...

Glaucoma – An Analysis of Return On Investment

Financial

By Sara Frye, OD, MPH, FAAO

In the United States, it is estimated that there are 3 million people living with glaucoma. Sadly, only about half know they have it. Routine eye exam ...

Optometric Sales: Discounting Dos and Don'ts

Financial

By Kayla Groves

Many people seek discounts on products and services, and in the optical world, we hear it a lot. “Can you discount my glasses?” I am sure ...

What's it Worth? Optometry Practice Valuations

Financial

By Practice Growth

Whether selling or buying an optometry practice, the valuation of the business is the central component of the sales negotiation. A valuation is a dol ...