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In this video, Dr. Brasfield emphasizes the importance of reviewing your optometry practice's Profit and Loss (P&L) statement at least once a month. The P&L statement provides crucial financial information about the practice's income and expenses, including fixed and variable costs.
Dr. Athena Brasfield discusses the five key elements that should be included in a business plan for optometric services. These include:
Dr. Athena Brasfield discusses the five key elements that should be included in a business plan for optometric services.
Dr. Brasfield breaks down the pros and cons of cold starting vs. purchasing a practice.
Dr. Athena Brasfield discusses the fundamentals of financing an optometric practice, focusing on bank loans for starting a practice.
Dr. Brasfield breaks down the factors affecting practice value: internal and external factors.
