GPN-600X120-EdgePro
The end of the year is fast approaching! Here are some tips to help your year-end accounting process run smoothly. Planning ahead will ensure you have accurate and timely financial statements, facilitate tax preparation, and help you meet filing...
Do you ever feel like the mountain of paperwork on your desk is keeping you from what matters most in your practice? When I first bring new clients on board, I find that many of them spend a lot of...
First of all, let’s be honest, the rent is always too high. It’s overhead you inevitably have to take on and factor into your profit/loss at the end of the year whether you’re leasing or owning real estate. Therefore it’s...
There is a budget that is created for each space within a building. This allows the landlord to set goals for the building and will ultimately determine how much they ask for in rent and give in leasing concessions....
Choosing which version of QuickBooks is right for you can sometimes be unclear. Up until recently, the choice was obvious and Quickbooks Desktop was easily the best version of Quickbooks. However, over the past 2-3 years Intuit, the developer...
Keep your expenses in check The challenges of running a business, seeing patients, and staying on top of the financial bottom line can be challenging. Growing your practices top line revenues is critical to the success of growing your practice,...
Credit card processing rates can be confusing! We often look for the lowest rate, yet usually, rates aren’t “fixed”! When combined with the fact that there are other charges as well, it’s very confusing and difficult to determine your actual...
It's time to moonlight..... Cold starting a private practice can require a massive amount of time, perseverance, and most importantly, cash. On average, doctors will require between $200,000 to $300,000 to cover the working capital, equipment and tenant improvement needs...
Understanding the bank loan team When applying for a bank loan for your practice, it’s important to understand that your bank’s loan officer works on a team with multiple bankers and support staff. These professionals work together to quickly review...
Single Patient Flow As I go to numerous optometry practices throughout the years I always get one question that keeps coming up in the conversations I have with all the stakeholders in the practice.  How can I increase my current patient...
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