by Nathan Hayes | Nov 1, 2025 | Buying and Selling Practices, Leadership & Management, Practice Management
This week, a client asked me to review the financial statements for an optometry practice he was thinking about purchasing—an all–cash-pay, high-end optical boutique that averages nearly $1,000 per comprehensive exam. His gut feeling was that the practice’s...
by Nathan Hayes | Nov 9, 2024 | Buying and Selling Practices, Financial Operations, Practice Management, Tax Prep
Generating financial reports can be tedious. You either spend a little time each month (or a lot once a year), or you hire someone like your CPA, a bookkeeper, or a team member to produce them. Naturally, we prefer that you choose our bookkeeping services for...
by Nathan Hayes | Dec 23, 2023 | Buying and Selling Practices, Financial Operations, Leadership & Management, Practice Management
What’s the best way to plan for expenditures? Practice owners try any number of strategies. Some use spreadsheet budgets while others sit on a mountain of cash (at least we know we won’t run out!). Some even have separate accounts for key expense areas, as well...
by Nathan Hayes | Dec 9, 2023 | Buying and Selling Practices, Leadership & Management, Practice Management
If you’ve ever purchased or sold a practice, you know that practice valuations can be both intriguing and nerve-wracking. You might find yourself asking, “What’s the value of my practice?” or “Am I paying too much to acquire this...
