Optometric Business Planning In A New Age.

In optometry, many doctors choose to become private practitioners for many reasons. Some include job instability, difficult work hours, and other freedoms that only private business owners enjoy. It also does not hurt that property values are extremely low compared to previous years. This makes one of the biggest expenses in opening a practice, the building cost, more reasonable. Starting a business is a very complex and daunting task, but the rewards are often worth the risk. One of the key ingredients to creating a successful business is to have a business plan. There are
only a few options available that offer specificity and familiarity with optometry. Consulting companies can be hired to write a business plan but this is one of the most expensive options. Books and manuals are other options available to help with the business plan, but this often requires sacrificing a good amount of time. First I will discuss the ideal features of a business plan, next I will offer some software that will help create the plan, and finally I will explain how to apply all of the above to creating a plan specific to optometrists.