Episode 2: Capital Investment
Part of the planning phase of your optometry cold-start, The Financial Forecast & Feasibility Analysis answers all of your “practice finance” questions!
In this episode of The Cold Start Corner, we explore Capital Investment-- total start-up cost inclusive of all equipment, inventory, and infrastructure to cold-start.
Remember, it's all about your practice vision-- scope of care and patient experience.
Primary, medical, specialty care?
Include it all!
6-Point Capital Investment Checklist:
✅ Physical Office-- optimal location & buildout
✅ Professional Services-- advice & consultancy (legal, CPA)
✅ Clinic-- what you need to provide exceptional care
✅ Optical-- eyewear & service to delight your patients
✅ Infrastructure & Systems-- tools and software for efficient operations
✅ Working Capital-- cash-on-hand
Bring your practice ownership vision to reality!
The Cold-Start Corner educates and empowers emerging practice owners through each Phase of the cold-start journey: PLANNING -- establish a strong foundation for your cold-start DEVELOPMENT -- optimize & buildout all facets of your practice LAUNCH -- buckle-up, it's time for liftoff!
WARNING: Be prepared to deep dive into each of the 3 Phases, positioning you for success across your journey to private practice ownership!
For more modern Optometry practice cold-start insights & solutions Learn https://www.akrinos.com/the-cold-star...
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The foundation of The Financial Forecast & Feasibility Analysis, Capital Investment aggregates your total start-up cost. Remember, it's all about your practice vision-- primary, medical, specialty care? Include it all!
Quantify your Capital Investment…
Office Location & Buildout
Professional Services
Clinic & Diagnostics
Optical
Infrastructure & Systems