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Manage Your Practice Like a Professional: A Simple Practice Budget
Manage episode 215207014 series 2420289
Content provided by Review of Optometric Business. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Review of Optometric Business or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Creating a practice budget and reviewing it every 1-3 months allows you to accurately set earning goals and manage expenses. Adhering to a budget enables you to make data-based decisions on investing in your practice to enhance patient care and increase profitability. Also, a practice that runs by a budget has a higher valuation to potential buyers. Michael Kling, OD, founder and CEO of Impact Leadership, shares his insights, and provides templates to help you get started.
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43 episodes
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Manage episode 215207014 series 2420289
Content provided by Review of Optometric Business. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Review of Optometric Business or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Creating a practice budget and reviewing it every 1-3 months allows you to accurately set earning goals and manage expenses. Adhering to a budget enables you to make data-based decisions on investing in your practice to enhance patient care and increase profitability. Also, a practice that runs by a budget has a higher valuation to potential buyers. Michael Kling, OD, founder and CEO of Impact Leadership, shares his insights, and provides templates to help you get started.
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43 episodes
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