by Chad Fleming | Oct 14, 2015 | Buy/Sell, Career Options, Finding the Right Practice, Uncategorized
Having a family has taught me a lot about planning. As each new child is added, we as parents need to make adjustments. When my wife and I had our first child, we made plans to make sure we arrived at our destination on time and with all necessary items. As we added...
by Chad Fleming | Sep 9, 2015 | Buy/Sell, Day in the Life, Manage with Excellence, Management, Staff Management
The title of this post probably made some of you bristle. You don’t want to have anything to do with sales. In fact, you went into optometry for the sole purpose of making a good living without having to sell anything to anyone. Despite your aversion to selling, you...
by Chad Fleming | Jul 1, 2015 | Buy/Sell
Have you been thinking about retirement? If you have graduated from optometry school and you currently own your practice, you should be. It’s never too early to begin the process of preparing your practice to sell. Many optometry practices do not sell for...
by Chad Fleming | May 13, 2015 | Buy/Sell, Career Options, Day in the Life, Manage with Excellence, Management, Uncategorized
The ease of selling a product is inversely proportional to the cost of the product. If a patient at your practice wants to buy a bottle of ophthalmic lens cleaner, no one is concerned whether the individual can pay for the $5 bottle. However, if a patient is buying...
by Chad Fleming | Jan 28, 2015 | Buy/Sell, Career Options, Manage with Excellence, Management, Uncategorized
If you’ve been practicing optometry for more than 10 years, you should plan your exit strategy. Many optometrists put off thinking about their transition to retirement. Unfortunately, today’s practicing ODs will not have the luxury of seeing graduating...
by Chad Fleming | Jan 7, 2015 | Buy/Sell, Management, Staff Management, Uncategorized
Selling an optometry practice is not like it once was. Decades ago, when a solo optometrist approached retirement he would put his office up for sale and within 12 to 18 months the practice would sell. The buyer might have requested the seller remain working in the...