Financial Harmony Blogs

Financial Insights & Advice

Cash Generating Activities for a Practice

Cash Generating Activities for a Practice

Published on: 23/07/2025

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 boost your bottom line.

optometry practicebusiness strategysmall businesscash flow
Is Your Overhead Eating Your Practice's Profits?

Is Your Overhead Eating Your Practice's Profits?

Published on: 26/06/2025

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 the Hidden Cash Map™.

financial adviceoptometry practicecash flow
Cash Generation vs. Cash Conversion—Why Both Matter to Your Practice

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

Published on: 16/06/2025

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.

optometry practicefinancial harmonycash flow
Why Comparing Financial Ratios is Critical for Your Optometry Practice

Why Comparing Financial Ratios is Critical for Your Optometry Practice

Published on: 24/03/2025

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.

optometry practicefinancial harmonycash flow

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