What’s the value of your optometry practice? What goes into a practice valuation?

Erich Mattei of Akrinos joins the podcast to provide an introduction to optometry practice valuations.

Erich dives into his work with valuations, three general approaches to valuating businesses, and when practice owners should start considering their practice’s value.

Lastly, he discusses how valuations can be improved and ways current valuation methods and recent high valuations are creating roadblocks for the successful transition of independent practices from owner optometrist to the next generation.

Have questions on anything discussed or want to have topics or questions featured on the show? Send Evon an email at evon@optometrywealth.com.

Check out www.optometrywealth.com to get to know more about Evon, his financial planning firm Optometry Wealth Advisors, and how he helps optometrists nationwide. From there, you can schedule a short Intro call to share what’s on your mind and learn how Evon helps ODs master their cash flow and debt, build their net worth, and plan purposefully around their money and their practices.

Resources mentioned on this episode:

• Akrinos LLC
• Women in Optometry – The Great Retirement May Be Coming in Optometry
• The Optometry Money Podcast Ep 41: Navigating Internal Practice Transitions with Dr. Mick Kling and Craig Moritz
• The Optometry Money Podcast Ep 50: Guide to Due Diligence on Practice Purchases with Erich Mattei

The Optometry Money Podcast is dedicated to helping optometrists make better decisions around their money, careers, and practices. The show is hosted by Evon Mendrin, CFP®, CSLP®, owner of Optometry Wealth Advisors, a financial planning firm just for optometrists nationwide.