Buyers want a super-profitable business for a very low price and very low down payment, and then get scared because they wonder why it’s for sale.
The Business Broker
January 2008
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Why have more staff? ... most optometric practices are understaffed and many good things happen when an additional employee is added.
- Customer service improves because people are available to help.
- Office and clinical efficiency increases with more assistants, so productivity goes up.
- Staff morale is enhanced because some of the stress is taken off everyone.
- Marginal employees improve their behavior because they realize the practice will survive without them.
- Practice continuity and security is improved as more people learn to do tasks that formerly depended on one person.
- The practice is perceived as in a growth mode by employees and patients
Optometric Management Tip of the Week
Tip #310, January 2008
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Asking for help is not a mortal sin. Why is it that folks who need help the most don’t ask for it? Asking for help is not a sign of weakness or failure, but is in fact, a very positive sign. ... I am continually amazed at the number of highly successful, highly organized professionals who call on us for assistance. These professionals are winners ... and they have a pretty good grip on what it takes to run a business. However, they understand that in order to stay on top of their game, they have to surround themselves with experts and fellow winners. So, if you really want to be successful, ask for help. You’re known by the company you keep.
“Ten Things You Should Know About Optometry in California”
California Optometry
May-June 2002
