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appraisal
“Hey John, Can you give me a ballpark figure on how much my practice is worth?” This is one of the most common questions I get asked as an appraiser.  Like most things, there is no quick and easy answer. Appraisers Use Rule of Thumb While some appraisers like to use rules of thumb such as one...
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Renovate Your Website By: Daniel Feldman My daughter likes to watch a show on HGTV called Property Brothers where identical twins Jonathan and Drew Scott help families find, buy, and transform fixer-uppers into dream homes. If you haven’t seen the show yet, it is a great lesson that renovation can work wonders. The show often...
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Your Corporate Practice Value As baby boomers get ready to slow down and retire, I have been getting an increasing number of requests from OD’s who have practiced in retail settings to appraise their practices and help them with their exit strategy. What I have come to realize is that the retail optometry world is...
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It’s All About Your Net “It’s not what you make, it’s what you keep.” Too many OD’s, and all physicians, get caught up in how much they gross every year. The focus on top line performance and pay scant attention to the amount they take home. Typical Optometry Practice Net Profit Net profit is the...
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