Whether you’re considering bringing a new partner into your optometry practice or getting ready to sell it, you’ll need to know what your practice is worth. But how can you tell? There isn’t a one-size-fits-all answer for determining a valuation because each practice is unique. There are multiple methods, such as revenue stream or capitalization […]
How to Manage a Growing Team in Your Optometry Practice
As an owner of an optometry practice, how you manage your business and a growing team can greatly impact your practice’s success and efficiency. As your team grows, challenges can arise, such as communication breakdowns, confusion about roles and responsibilities, and decreased productivity. It’s essential that leadership effectively manage the growth of the teams to […]
How to Simplify Business Operations for Your Optometry Practice
Owning and running your optometry practice is a dream for many eye doctors, but there’s more to just opening a practice and hiring a few staff members. You have to consider your marketing plan, what specialty services (if any) you want to offer, and many other factors to help to build a successful practice. As […]
Selling Your Optometry Practice: What You Need to Know
You may have purchased an optometry practice when you first started out as an eye doctor, or you may have built your own practice from the ground up. Regardless of which, the decision to sell that practice isn’t a small one. It’s also not as simple as selling something you don’t need on a local […]
Optometry Marketing: 10 Tips for More Patients
When you’re busy running and managing your practice, it can be easy for marketing efforts to fall to the side or take a back burner. But a crucial step in continued growth is smart marketing. It’s important to round out your marketing plan with high-return activities. If you’re in the beginning stages of marketing, finding […]
Optometry Practice Management in 10 Steps
Optometry is a dynamic, fast-paced, and growing field. And running an optometry practice takes a lot of work. Beyond exceptional patient care, operating an optometry practice requires managing employees, handling finances, purchasing equipment or tools, and developing and strengthening relationships. So, how do you overcome these challenges in caring for your patients and dealing with […]
The Difference Between Optometry Chains & Private Practices
You wouldn’t think that choosing where to buy glasses or where to get an eye examination is a complicated decision. And it’s really not, but there are some things to consider when choosing a clinic because there are a lot of competing practices out there. In regards to training and ability, all optometrists have the […]
Can American Optometrists Practice Abroad?
Healthy eyes and clear vision begin with comprehensive eye exams with your optometrist. Beyond eye exams, your optometrist provides specialty eye care services such as dry eye and myopia control. But can American optometrists practice abroad? Let’s explore the different qualifications and how optometry works worldwide. Going Down the Optometry Path Optometry is a fascinating […]
How Much Do Optometrists Make with Their Own Practice?
An optometrist’s salary can vary depending on a number of factors, such as whether they own their practice or are employed at a practice. Being an optometrist and owning an optometry practice are very different occupations, but often go hand-in-hand. Owning a practice can have a much higher return, but requires a lot more work […]
Can Optometrists Prescribe Medication in California?
California is the most heavily regulated state in America, with almost 400,000 regulatory restrictions. Unfortunately, some of these restrictions affected the level of care that an optometrist could provide if they discovered something during an eye examination. Up until recently, an optometrist would have to refer their patients to an ophthalmologist or other medical doctor […]