Let’s Talk Numbers! How much is your optometry practice worth? This isn’t just about adding up assets—it’s about understanding the various factors that make your practice valuable to a potential buyer. Key Metrics: EBITDA and Multiples First things first: get familiar with EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). EBITDA provides a snapshot of […]
Read more
Selling your optometry practice can feel like stepping into the unknown. But with the right knowledge, the process becomes more manageable. Here’s a roadmap to help you understand the journey from start to finish. Step 1: Initial Conversations and Confidentiality The first step usually involves exploratory discussions with potential buyers. Confidentiality is crucial at this […]
Read more
Are You Ready to Boost Your Practice’s Value? Here’s How! Thinking of selling your practice? Even if it’s just a distant possibility, now is the time to start working on increasing its value. Buyers—whether they are private equity firms or individual optometrists—look for specific qualities in a practice. Here’s how you can make yours stand […]
Read more
Private Equity in Optometry: A Rising Trend You’ve probably heard the buzz—private equity (PE) is making waves in the optometry world. More and more practices are being scooped up by these firms. But what does this mean for you, an optometrist and practice owner? Understanding the fundamentals of private equity can help you navigate this […]
Read more
Dry eye disease has become a significant opportunity for optometrists to enhance their practice’s profitability while providing exceptional patient care. The Financial Benefits of Dry Eye Management By incorporating advanced dry eye treatments into their practice, optometrists can: Increase revenue: Specialty treatments like IPL and LipiFlow often command higher fees than traditional primary care services. […]
Read more