by Chad Fleming | Sep 7, 2016 | Career Options, Day in the Life, Manage with Excellence, Management, Practice Growth, Pursue Growth, Staff Management, Time Management, Uncategorized
As an optometric practice owner, do you find the amount of compensation you are paying out is pushing the high end of absurd? In his book Good Profits, billionaire businessman Charles Koch writes that incentives should be solely centered on the value an individual...
by Chad Fleming | Aug 24, 2016 | Manage with Excellence, Management, Practice Growth, Pursue Growth, Time Management, Uncategorized
Over the past decade, remodeling has become entertainment. Shows on HGTV and other networks show dramatic transformations, and may make you think it might be time for your optical to get a face-lift. However, the improved space always comes at a price. For example, if...
by Chad Fleming | Aug 12, 2016 | Day in the Life, Manage with Excellence, Management, Practice Growth, Pursue Growth, Staff Management, Time Management, Uncategorized
A wise person once asked, “Who makes the best business partner?” Dumb, lazy person. Dumb, hard worker. Smart, lazy person. Smart, hard worker. Most of us would pick the smart, hard worker. However the wise person will choose a smart, lazy person any day. The smart,...
by Chad Fleming | Jul 6, 2016 | Day in the Life, Manage with Excellence, Management, Practice Growth, Pursue Growth, Time Management, Uncategorized
As a practicing OD who sees patients 3.5 days a week and manages a large multi-location practice with one other owner, I find my primary job is making decisions. As owners, my partner and I have the responsibility to make key decisions that will impact the health of...
by Chad Fleming | Jun 8, 2016 | Day in the Life, Manage with Excellence, Management, Practice Growth, Pursue Growth, Time Management, Uncategorized
The buzz acronym these days is UPP. With the Unilateral Pricing Policy, businesses must charge a minimum price for a product. This UPP was introduced for the newest and most innovative brands of contact lens, so eye care professionals could take the time to educate,...
by Chad Fleming | May 11, 2016 | Day in the Life, Manage with Excellence, Management, Practice Growth, Pursue Growth, Uncategorized
The last time you purchased an appliance or piece of technology, you were most likely offered a service agreement. So many companies now offer this to consumers it has become an expected part of the sale. If your optical department does not offer a service agreement,...