Capital investments must enhance the bottom-line, boosting cash flow more than the next best use of funds. Evaluate these 6 areas to ensure your investment will continue to benefit your practice long-term.
Mick Kling, OD
About Mick Kling, OD
Recent Content From Mick
There’s more than one way to succeed in optometry and in business. It is possible to practice on a smaller scale without sacrificing growth and profitability
In spite of all the things that are happening in the world, inflation, etc. the people we are seeing are still spending money.
Despite a strong quarter one and quarter two, we had a dip in quarter three. The biggest challenge was understanding how to “pick back up” in quarter four.
We know we have to respond in a medical management mentality and we have to do it better than anyone else.
I want time to work on my practice as much as in my practice, so for me, it’s a question of how I maximize my time.
We have to ask, “what do we have, what can we do for patients, and where are we not providing opportunities for patients that we should be?”
Driving profitability with full-scope patient care.
Focus on smart business management
You have to work hard to identify the right team members and differentiate yourself in your practice.