Books & Benchmarks

🔊 Revisit a standout episode of Think Again with Scott Jens, where #CEPA Nathan Hayes of IDOC delivers important insights from a newly released financial benchmarks report. Understand how evolving standards for the cost of goods and inflationary pressures could affect your practice's financial stability. 👉 Listen now to gain a clearer perspective on your business’s financial health! Click here to listen to that episode and view the rest of our podcast archive: https://lnkd.in/g4ttJG3q.

Share this event with a friend who’s practice could benefit from a day dedicated to business planning and development with Nathan Hayes Steve Vargo, OD, MBA Maddie Langston

Wondering why profit on your P&L isn’t in your checking account? Profits matter, but cash flow is key! Check your Balance Sheet and Statement of Cash Flows to see where your money’s really going. Read our most recent blog to learn more: https://bit.ly/3MRSrJt

From categorizing transactions to reconciling statements, accurate bookkeeping requires time, expertise, and attention to detail. In our latest blog, we dive into why doing your books right is critical, especially when financial emergencies arise. Don’t settle for "just OK" when it comes to your practice’s financial health. Read the full blog here: https://bit.ly/3T6s5XV

How does EBITDA come into play in benchmarking your practice? For benchmarking tips and financial insights be sure to download the Optometry Benchmarks Report: https://bit.ly/4fKOHa6

How do equipment costs factor into benchmarking? This week’s blog dives into the complexities of these expenses, explaining how they show up on both your P&L and balance sheet. Understanding the difference between cash flow and profitability, especially when financing equipment with debt, is key to ensuring your practice stays on a solid financial footing. Read the full blog here: https://bit.ly/3yKfpPg

Last call to register for tonight's live walkthrough of the 2023 Optometry Benchmarks Report! Join Nathan Hayes as he guides you through the key benchmarks and performance indicators, providing expert insights and clarity about the financial metrics and industry trends that are crucial for your practice's success—don’t miss it! Secure your spot now! https://bit.ly/4dBjvIp

Only two days left to register for the Live Books & Benchmarks Report Walkthrough. Join Nathan Hayes for an in-depth look at the critical benchmarks and performance indicators that are shaping the optometry industry.  Register now: https://bit.ly/3WTmoPg

Is your optometry practice investing enough in marketing? Even a modest increase in marketing spend can significantly drive growth. Strategies like patient education, enhancing your online presence, targeting cash-pay populations, and combining digital with physical campaigns can make a big difference. Learn more in our most recent blog and don't forget to subscribe for more updates: https://bit.ly/4ccFJPK

Join us for an exclusive live walkthrough session with Nathan Hayes, author of the 2023 Optometry Benchmarks Report. Nathan will walk you through the key benchmarks and performance indicators, offering expert insights and explanations. Don’t miss this chance to gain clarity on the financial metrics and industry trends that are essential for your practice’s success. Reserve your spot here: https://bit.ly/3AdtTYk