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...
by Chad Fleming | Dec 17, 2014 | Buy/Sell, Career Options, Uncategorized
Sports fans rarely get to see their icons retire in their prime. Unfortunately, many athletes near the end of their careers as their dedicated fans are praying they will give it up. Holding on for too long can be as detrimental to legacies as never winning a...
by Chad Fleming | Jul 23, 2014 | Buy/Sell, Finding the Right Practice
Selling an optometry practice involves two major steps. The first is deciding it is time to sell the practice that you have spent your life building. The second step is executing a well-laid plan for getting maximum dollars for your life-long investment. When I coach...