Partners in Profit

Is Your Business Running at Peak Efficiency? As an independent optometry practice owner, you know that every dollar counts. But is your practice operating as efficiently as it could be? Sometimes small changes can make a big difference in your bottom line. Here are 3 ways to improve efficiency: 1. Automate Inventory Management: Stop manually tracking frames and lenses—automated systems and vendor partnerships can keep your inventory up to date without extra work for your team. 2. Optimize Staff Workflows: Identify repetitive tasks that are eating up staff time. Streamline appointment scheduling, billing, and communication so your team can focus on delivering great patient care. 3. Review Vendor Contracts: Are you getting the best deal? Periodically review vendor agreements to ensure you're receiving maximum value for your money. Want to learn how to take your practice’s efficiency to the next level? Schedule a discovery call with Dr. Fleming or Dr. Hiesterman today!

Running an optometry practice comes with its challenges, but cutting costs doesn’t mean you have to cut corners. With a few strategic moves, you can save more without sacrificing the quality of care your patients deserve. At Partners in Profit, we’re experts in helping ODs uncover hidden savings. From smarter vendor relationships to more efficient operations, we’ll help you find the savings that can boost your bottom line—without compromising the care you provide. Ready to uncover the hidden savings in your practice? Schedule a discovery call with Dr. Fleming or Dr. Hiesterman today and start maximizing your profitability.

Scaling Your Practice Doesn’t Have to Be a Headache. Feeling stuck trying to grow your practice? Whether it’s hiring more staff, expanding services, or boosting profitability, scaling your business can feel overwhelming. At Partners in Profit, we help practice owners like you break through those barriers with smart strategies that simplify growth. We’re here to help you take the next step without the headaches. Let’s scale smarter, not harder! Schedule a discovery call with Dr. Fleming or Dr. Hiesterman to see how we can make it happen.

Struggling with Profitability? Let’s Fix That! We get it—running an independent optometry practice is no small feat, especially when rising costs and shrinking reimbursements are eating into your profits. But what if there was a way to work smarter, not harder? That’s where Partners in Profit comes in. Here’s how we’ll help fix it: - Cut Unnecessary Costs: We’ll identify areas where you’re overspending and find solutions that reduce overhead without sacrificing quality. - Maximize Your Buying Power: Gain access to exclusive discounts and better deals on frames and lenses, increasing your margins. - Streamline Your Operations: We’ll help you adopt systems that reduce busywork for you and your team, letting you focus on patient care. Ready to stop the grind and start growing? Book a discovery call with Dr. Fleming or Dr. Hiesterman today!

ᴄᴜᴛ ʜɪᴅᴅᴇɴ ᴄᴏꜱᴛꜱ ᴀɴᴅ ɪᴍᴘʀᴏᴠᴇ ʏᴏᴜʀ ʙᴏᴛᴛᴏᴍ ʟɪɴᴇ Hidden costs, like shipping and unnecessary overhead, can eat away at your profits. It’s time to adopt strategies that reduce these unexpected expenses and keep more money in your practice. 𝗘𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 𝘋𝘪𝘳𝘦𝘤𝘵 𝘚𝘩𝘪𝘱𝘱𝘪𝘯𝘨 𝘖𝘱𝘵𝘪𝘰𝘯𝘴: Avoid costly shipping fees by using direct shipping solutions with trusted partners. This streamlined approach reduces unnecessary expenses and speeds up delivery times. 𝘚𝘮𝘢𝘳𝘵 𝘝𝘦𝘯𝘥𝘰𝘳 𝘔𝘢𝘯𝘢𝘨𝘦𝘮𝘦𝘯𝘵: Regularly review and negotiate vendor contracts to ensure you’re getting the best possible rates on products and services. Taking a proactive approach to vendor management can lead to significant savings. 𝘌𝘯𝘦𝘳𝘨𝘺 𝘌𝘧𝘧𝘪𝘤𝘪𝘦𝘯𝘤𝘺 𝘜𝘱𝘨𝘳𝘢𝘥𝘦𝘴: Reducing utility costs through energy-efficient upgrades, like LED lighting or smart thermostats, can lower overhead expenses and improve your bottom line over time. Want to uncover hidden savings and improve your profitability? Schedule a discovery call with Dr. Fleming or Dr. Hiesterman today to explore tailored strategies for your practice. www.pipgpo.com

In today’s challenging optical market, managing your inventory efficiently can make all the difference in your profitability. Here’s how you can gain control and boost your bottom line: 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐞 𝐰𝐢𝐭𝐡 𝐂𝐨𝐧𝐬𝐢𝐠𝐧𝐦𝐞𝐧𝐭 𝐅𝐫𝐚𝐦𝐞 𝐁𝐨𝐚𝐫𝐝𝐬: Instead of tying up your capital in unsold frames, use a consignment model where vendors stock your boards at no upfront cost. You only pay for frames when they sell, reducing your financial risk and freeing up resources for other investments. 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐒𝐚𝐯𝐢𝐧𝐠𝐬 𝐰𝐢𝐭𝐡 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬: By joining an alliance group like Partners in Profit, you gain access to exclusive discounts on frames and lenses without the burden of membership fees. This collective buying power significantly lowers your Cost of Goods Sold (COGS), putting more money back into your practice. 𝐒𝐦𝐚𝐫𝐭 𝐈𝐧𝐯𝐞𝐧𝐭𝐨𝐫𝐲 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: Keeping track of what’s selling and what’s not is crucial. Regularly reconciling your vendor invoices with your price list ensures you’re not overpaying for products and helps you catch any missed credits or overcharges. This simple step can add thousands to your bottom line. Ready to master your inventory management and see real results? Book a discovery call with Dr. Fleming or Dr. Hiesterman today and learn how to optimize your optical practice for success.

Increase Your Practice’s Profitability by Lowering COGS With rising costs and shrinking reimbursements, managing your Cost of Goods Sold (COGS) is critical to staying profitable. Here are some detailed strategies to help you lower your COGS and boost profitability: 1. 𝙍𝙚𝙘𝙤𝙣𝙘𝙞𝙡𝙚 𝙑𝙚𝙣𝙙𝙤𝙧 𝙄𝙣𝙫𝙤𝙞𝙘𝙚𝙨: Assign a staff member to regularly reconcile vendor invoices with your price list. This ensures you're charged correctly for each set of lenses, frames, and contact lens orders. Inaccurate billing can add up—just one missed credit or overcharge could cost your practice thousands. 2. 𝙌𝙪𝙚𝙨𝙩𝙞𝙤𝙣 𝙑𝙞𝙨𝙞𝙤𝙣 𝙋𝙡𝙖𝙣 𝙍𝙚𝙗𝙖𝙩𝙚𝙨: Don’t just accept vision plan rebates at face value. Evaluate whether these rebates actually lower your costs or if better options are available. For example, a frame line offering a small rebate might still be more expensive than a comparable product with a significant discount. Opt for deals that truly maximize savings. 3. 𝙇𝙚𝙫𝙚𝙧𝙖𝙜𝙚 𝘽𝙪𝙮𝙞𝙣𝙜 𝙋𝙤𝙬𝙚𝙧 𝙬𝙞𝙩𝙝 𝘼𝙡𝙡𝙞𝙖𝙣𝙘𝙚 𝙂𝙧𝙤𝙪𝙥𝙨: Join an alliance group like Partners in Profit to access industry-leading discounts on frames and lenses. Unlike other groups that charge membership fees, Partners in Profit offers these benefits with no extra costs, allowing you to keep more of your earnings. 4. 𝙄𝙣𝙣𝙤𝙫𝙖𝙩𝙚 𝙬𝙞𝙩𝙝 𝙁𝙧𝙖𝙢𝙚 𝘽𝙤𝙖𝙧𝙙 𝙈𝙖𝙣𝙖𝙜𝙚𝙢𝙚𝙣𝙩 : Consider moving away from traditional inventory models. With a consignment frame board, vendors stock your boards at no upfront cost, and you only pay for frames once they are sold. This reduces overhead and shipping costs, directly impacting your COGS and improving your bottom line. Ready to take control of your COGS and increase your practice’s profitability? Schedule a discovery call with Dr. Fleming or Dr. Hiesterman to learn how Partners in Profit can help.

If only a nickel from every dollar stays in your pocket, it’s time to rethink how you manage your practice. By working smarter, not harder, you can boost your profitability and improve your quality of life. Here’s how: 𝗦𝘆𝘀𝘁𝗲𝗺 𝗢𝘃𝗲𝗿 𝗣𝗿𝗲𝗳𝗲𝗿𝗲𝗻𝗰𝗲𝘀: Instead of following fleeting trends or personal preferences, adopt systematic approaches that streamline your operations. One effective strategy is to outsource the management of your optical inventory. By allowing frame vendors to handle updating, rotating, and maintaining your frame boards, you free up your time and reduce the administrative burden on your staff. Additionally, implementing a Frame Model System where all frames are on consignment means you don’t pay until a frame is sold, drastically cutting down on upfront costs and reducing financial risk. 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 𝗮𝗻𝗱 𝗦𝗮𝘃𝗶𝗻𝗴𝘀: Efficiency is key to increasing profitability. Partnering with Partners in Profit allows you to access exclusive discounts through their network of seven different companies. These discounts range from 30% to 70% off, providing significant savings on frames and lenses. This partnership not only lowers your Cost of Goods Sold (COGS) but also ensures you’re getting the best possible prices without the need for costly membership fees. The result? More money stays in your pocket, and your practice runs more efficiently. Ready to see your efforts pay off? Book a discovery call with Dr. Fleming or Dr. Hiesterman today and start your journey towards smarter practice management.

Staying profitable in the optical industry requires innovative strategies. Here are two key approaches to enhance your bottom line: 1. Simplify the Sales Process: Adopt a “Basic, Premium, Elite” approach to selling lenses. This streamlines the process, reduces the need for extensive product knowledge, and improves the patient shopping experience. 2. Cut Down Hidden Costs: Reduce unexpected expenses like shipping by using consignment models and exploring direct shipping options. These strategies can significantly benefit your bottom line. 3. Enhance Patient Satisfaction: By offering high-quality, cost-effective options and a simplified sales process, you can significantly improve overall patient satisfaction and loyalty. Join us on the journey to a more successful and sustainable optical business. Contact us today to learn more!

The optical industry is facing tough times, with independent optometrists feeling the squeeze from decreasing insurance reimbursements and rising overhead costs. Here’s how you can stay profitable: 1. Optimize Cost of Goods Sold (COGS): Join group purchasing organizations for significant discounts on frames and lenses. Choose alliances wisely to avoid hefty fees—Partners in Profit maximizes your savings without extra costs. 2. Leverage Consignment Frame Boards: Reduce labor costs and optimize inventory management by shifting responsibilities to vendors, freeing up your staff for more critical tasks. Adopting these strategies can help your practice thrive. Contact us to learn more about our tailored strategies - www.pipgpo.com