Financial Harmony Blogs

Financial Insights & Advice

How One Optometry Practice Freed Up $25K by Tackling Inventory

How One Optometry Practice Freed Up $25K by Tackling Inventory

Cash stress doesn’t always come from slow sales or rising expenses—sometimes it’s hidden in overlooked areas like inventory. By spotting and correcting inefficiencies, you can unlock significant amoun... ...more

optometry practice ,cash flow

August 19, 20252 min read

Should You Purchase that New Equipement?

Should You Purchase that New Equipement?

See how Dr. Ben used a Hidden Cash Analysis to decide when to invest in new optometry equipment — and grew collections by 15% before buying. Learn the smart approach to practice investments. ...more

optometry practice ,business strategy

August 19, 20253 min read

How to Create a Happier and More Productive Optometry Practice

How to Create a Happier and More Productive Optometry Practice

The secret to a successful optometry practice is an often overlooked factor that can make or break your business: workplace culture. ...more

optometry practice

August 13, 20254 min read

Cash Generating Activities for a Practice

Cash Generating Activities for a Practice

Learn how to calculate your sales to assets ratio, gross profit margin, and net income margin to reveal hidden cash in your business. Discover why these cash generating activities matter — and how to ... ...more

optometry practice ,business strategy small business &cash flow

July 23, 20253 min read

Is Your Overhead Eating Your Practice's Profits?

Is Your Overhead Eating Your Practice's Profits?

Discover how one optometrist uncovered over $100,000 in hidden profit without adding patients or staff. Learn how to analyze overhead, increase average value per patient, and improve cash flow using t... ...more

financial advice ,optometry practice &cash flow

June 26, 20253 min read

Beyond the Exam: Building a Comprehensive and Passion-Driven Optometry Practice with Dr. Charles Shidlofsky

Beyond the Exam: Building a Comprehensive and Passion-Driven Optometry Practice with Dr. Charles Shidlofsky

How Dr. Charles Schidlodsky built a thriving optometry practice specializing in neuro-vision and sports vision, driven by passion and patient-centered care. ...more

optometry practice ,small business

June 19, 20254 min read

Cash Generation vs. Cash Conversion—Why Both Matter to Your Practice

Cash Generation vs. Cash Conversion—Why Both Matter to Your Practice

Do you know if your practice is truly performing at its best? One of the most powerful ways to assess and improve your financial health is by comparing key financial ratios to industry benchmarks. ...more

optometry practice ,financial harmony &cash flow

June 16, 20252 min read

Dr. Haley Perry's Unconventional Path to Optometry Practice Ownership and the Power of AI

Dr. Haley Perry's Unconventional Path to Optometry Practice Ownership and the Power of AI

Dr. Haley Perry shares her compelling journey into optometry practice ownership, the challenges she overcame, and her innovative embrace of artificial intelligence ...more

business strategy

May 22, 20254 min read

Beyond 20/20: Unlocking the Vision and Drive of Dr. Kristie Nguyen

Beyond 20/20: Unlocking the Vision and Drive of Dr. Kristie Nguyen

Dr. Kristie Nguyen, shares her journey, the importance of optometry education, overcoming career challenges, and embracing entrepreneurship. Learn about eye health, professional distinctions, and the ... ...more

optometry practice ,business strategy

April 17, 20254 min read

Finding Your Focus: Dr. Brianna Rhue on Solo Practice Ownership, Mindset, and Growth

Finding Your Focus: Dr. Brianna Rhue on Solo Practice Ownership, Mindset, and Growth

Explore Dr. Brianna Rhue's journey to solo practice ownership, her insights on mindset, team leadership, and the power of personal growth. Learn valuable lessons for your own success. ...more

optometry practice

March 25, 20253 min read

Why Comparing Financial Ratios is Critical for Your Optometry Practice

Why Comparing Financial Ratios is Critical for Your Optometry Practice

Do you know if your practice is truly performing at its best? One of the most powerful ways to assess and improve your financial health is by comparing key financial ratios to industry benchmarks. ...more

optometry practice ,financial harmony &cash flow

March 24, 20254 min read

5 Ways To Be In The Top 5% of Successful Optometry Practices

5 Ways To Be In The Top 5% of Successful Optometry Practices

About 95% of small businesses in the United States are struggling with finances at any given time. The truth is it doesn't have to be this way. There are simple things you can do to ensure you're one ... ...more

financial advice ,optometry practice

February 25, 20253 min read

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