Gain business insights on subjects such as opening a practice, developing a partnership, planning the sale of an optometry practice and more.
When reviewing a financing application for an optometry business loan, a financial advisor considers several factors to assess the project’s viability and the borrower’s ability to repay the line of credit. What follows are three key factors that must be covered in an optometric business plan so that you and your advisor can make an informed decision.
Whether you plan to take on new partners or sell your practice, establishing the current value of your business is a necessary first step.