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Latest Announcement | Events
Sunday, October 06, 2024 | 8am PST/11:00am EST (4hrs FREE CEs)
Step into the spotlight of anterior segment care, with an event designed for optometrists who are keen to elevate their practice by harnessing the opportunities presented by advancements in anterior segment management.
✅ Go with the Flow (92267-TD) Peter Pham, OMD | CE Hour 1
✅ How to Build an Ocular Surface Disease Practice (92208-TD) Cory Lappin, OD, MS, FAAO | CE Hour 2
👥 Expert Discussion Panel Part 1 | Peter Pham, OMD & Cory Lappin, OD, MS, FAAO
✅ You, Me and OSD (#93072-TD) Tom Kislan O.D | CE Hour 3
👥 Expert Discussion Panel: Part 2 | Tom Kislan O.D & Crystal Brimer, OD, FAAO
✅ Dry Eye Billing & Coding: Maximize Your Profit (92722-PM) Crystal Brimer, OD, FAAO | CE Hour 4
👉 ODs on Finance Member Rate: FREE | 🎥 Recording AVAL TO REGISTERS ONLY x 4 weeks
Sunday, November 3, 2024 | 8am PST/11:00am EST (4hrs FREE CEs)
Journey into the intricate world of clinical retinal care with this enlightening event is meticulously curated for optometrists who aspire to deepen their understanding of retinal treatments while exploring the practice avenues.
✅ Diabetes new testing and treatment for retinopathy (#92330-GO) Nate Lighthizer O.D, FAAO | CE Hour 1
✅ Comprehensive retinal vascular occlusive disease: more than meets the eye (91652-TD) Carolyn Majcher, OD, FAAO | CE Hour 2
👥 Expert Discussion Panel: Part 1 ($200 Cash Raffle) | Nathan Lighthizer, OD, FAAO & Carolyn Majcher, OD, FAAO
✅ Retina Summit Lecture (PENDING): Jeffry Gerson O.D | CE Hour 3
👥 Expert Discussion Panel: Part 2 ($400 Cash Raffle) | Jeffry Gerson OD, FAAO & Alison Bozung, OD, FAAO
✅ Retina Summit Lecture (PENDING): Alison Bozung, OD, FAAO | CE Hour 4
👉 ODs on Finance Member Rate: FREE | 🎥 Recording AVAL TO REGISTERS ONLY x 4 weeks
Join the Conversation on Optometry's Largest Finance Focused Forum:
LATEST ARTICLES
8 Dos and Don’ts When Purchasing an Optometry Practice
Practice ownership is often heralded as one of the pinnacles of an optometric career. Having ownership of a practice often allows for higher income, and more importantly: freedom and autonomy to practice as one sees fit. In my career, I have had the privilege of buying my own practice as well as helping others through the buying process… So whether you are a newly minted graduate looking to begin your legacy, or you are a seasoned veteran looking to acquire another piece of your empire – use these points to help guide you towards your next big purchase.
3 Optometry Job Contract Red Flags to Watch Out For
Reviewing contracts can be tedious, challenging, confusing, and flat out exhausting. However, the contract review and negotiation phases of the career search journey are arguably the most crucial steps in the entire job search process. This could set you up for huge financial success early on in your career, or it could keep you stuck at an office where you would rather not work any longer out of fear of breaching your contract. We tend to focus on compensation because it’s easier for us to understand as compared to legalese. However, I would argue that the non-salary contractual items are equally, if not more, important than wages. This article will briefly discuss three non-salary red flag items to be aware of during your contract review.
7 Takeaways for Optometrists From Biden’s Extension Of Student Loan Relief
Last Friday afternoon, Biden announced that he will extend the student loan moratorium (which was supposed to expire at the end of September 30,2021) to a new date of January 31, 2022. Benefits include suspended payments (forbearance) and frozen 0% interest from March 2020. While there are a lot of moving parts, here is what you should be aware of if you are an optometrist with federal loans:
6 Ways Optometrists Can Reduce Disability Insurance Premiums
In today’s world there are so many things we need to get in place to help protect ourselves and our families; yes, optometry disability insurance is one of them. Here are 6 ways optometrists can reduce disability Insurance Premiums
7 Ways to Buy Your First Home with an Investor’s Mindset
In March 2021, my fiance and I made the largest purchase of our lives, we bought our first home in the Bay Area CA, specifically in the East Bay Area. No, this article isn’t about us celebrating the idea of having our “forever” house, but more about the vital decisions and mindset that we had to enforce to start building our RE Investing portfolio. Here are 7 strategies on how to buy your first home with an investor’s mindset.
7 Updates on Managing your Student Loans in Mid-2021
We are halfway through 2021 and close to 1.5 years since the COVID pandemic lockdown; but most importantly, we are approaching the end of the federal 0% student loan interest relief (set to end September 30th). Here are 7 important updates in the world of student loans to help every OD be financially successful!
5 Tips for Avoiding an IRS Audit For Optometrists
While an IRS audit can happen via random selection, in many cases, it’s the actions of the taxpayer that trigger the audit process. And that’s why we put together this helpful guide—outlining five common red flags. Understanding these triggers can save you a lot of potential trouble and anxiety.
How Much Profit Should Rental Properties Generate?
For real estate investors, the ultimate goal is obviously profit. However, one of the most common questions people have when considering investing in a rental property is: how much profit should expect? This article will help you to estimate your potential profit on a particular property investment. There are a number of variables that should be considered whenever estimating profit. It is also important to remember that every market is somewhat different. However, ultimately, there are a handful of core questions that can be asked to help estimate potential profit.
Boosting In-Office Revenue (Virtual Webinar)
Growing a practice and keeping it profitable requires an ever evolving mindset that embraces both technology and creativity. In this panel discussion with industry experts Dr. Ryan Gustus, Perry Brill and Steve Alexander; we discuss implementation and execution of strategies ranging from materials sales to insurance. The following key questions and points are covered: Speakers…
Ten Things Every OD Should Know About Crypto
As a company and forum founded in the fundamentals of investing, ODs on Finance has always sought to educate its audience on tried and true, historically and statistically proven investing strategies. However, in the modern age we are living in, the landscape of investing is changing. The relatively new asset class of cryptocurrency has raised a conundrum of mixed opinions and for good reason. While cryptocurrency as a whole lacks intrinsic value, and is tough to justify as an investment (based on the traditional definition of an investment); its wild volatility fueled by speculation has the capacity to make individuals extremely rich or dirt poor.
8 Financial Mistakes that New Optometrists Make
The average new optometrist graduates at an average age of 28 year old (significantly behind non-OD peers in terms of income generation), with an average student loan debt of over $220,000+, with little or no retirement investments. Often new grad optometrists find themselves practicing in oversaturated cities and most importantly without any formal financial education. This is the perfect storm that often leaves many doctors mentally overwhelmed and prone to devastating financial mistakes. In this article, we will address 8 common financial mistakes that new OD graduates make and how you can avoid them to be financially successful.
5 Things to Avoid During Your Career Search
We’re well into 2021, which means that we’ve moved past the dreaded year-that-shall-not-be-named and fourth year optometry students are nearing the finish line. The end of the school year means that most OD students have jobs lined up, are in the interview process, or are currently applying to jobs (at least they should be!). In the spirit of beginning the journey that is our optometric careers, the ODs on Finance team and I have come up with a brief article that highlights a few “DO NOTs” of the job search and how to address them.
ETFs vs. Mutual Funds
Wouldn’t that be great if investing was as interesting as a pay-per-view UFC fight? Sadly, this is not the case. Investing is far more boring, and unless you give up a pretty penny, we don’t anticipate Joe Rogan will be providing color commentary on your trades and unrealized gains.However, now that we have your attention with a cheesy two paragraph intro, let’s go through a two minute education on the difference between an ETF and an Index Mutual Fund.
America Rescue Plan Stimulus Bill: Five Student Loan Updates
On Wednesday March 10, 2021, the House approved President Biden’s $1.9 trillion stimulus bill called the “American Rescue Plan”. The legislation is one of the most sweeping economic recovery plans in the nation’s history. Stemming of the American Rescue Plan, this article will focus on 5 take-aways for student loan borrowers.
The Customizable Profit & Loss Spreadsheet that Every OD Practice Owner Should Have
By popular demand, here is a copy of my Profit and Loss Statement spreadsheet that I use at my offices. I track my income and expenses very diligently and this has made applying for programs such as PPP loans and COVID relief grants easier since I can compare changes in revenue year by year. In…