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Books & Benchmarks shares industry-focused articles for optometrists related to managing practice financials.
What is “Normal” for Non-OD Staff Wages?
Wages, when doctors and staff are taken together, are almost always the largest expense for...
How Much Financial Data Should You Share With Your Staff?
At this point, most optometry practice owners will agree that sharing metrics and results with...
What’s “Normal” for Cost of Goods Sold?
The wholesale cost of the products your practice sells—glasses, contacts, and other accessories—is...
Should You Use a Separate Checking Account for Payroll?
At Books & Benchmarks, we’re always looking for ways to streamline our operations and be more...
Breaking (Out Payroll) Is Hard to Do
One reason why Books & Benchmarks insists on doing bookkeeping for optometry practices is to...
Your Frame Budget Shouldn’t Limit Your Frame Spending
Last week, I shared how a practice asked us to split their Maui Jim bill between plano and Rx work...
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