Welcome to The Cold Start Corner™ your source for The Practice Launchpad™ to bring your practice ownership vision to reality!
Check out The Cold Start Corner™ archives:
Follow The Cold Start Corner™ on the socials at #coldstartcorner
The Cold Start Corner Feed
Office Location & Buildout, part 4/4
We’re talking about Design, furnishings, and equipment for the Office Location & Buildout Phase of launching your cold start! Check it out at the Cold Start Corner link in our bio 🚀
Experts Edition: Financial Planning for Your Cold Start, part 1/3
Erich Mattei talks with Evon Mendrin, CFP, CSLP of Optometry Wealth Advisors about Financial Planning for Your Cold Start. In this first of 3 parts, they talk about financial planning for your cold start eyecare practice, including the personal financial side. Check it out!
Office Location & Buildout, part 3/4
You've done your research, now it's time to look for a space! Check out this video for Erich's most important tip when it comes to your Lease & Lease Negotiation!
Office Location & Buildout, part 2/4
We're talking Demographic and Competitive Analyses in this episode of The Cold Start Corner!
Watch now for the keys to consider when deciding where to look for space for your new eyecare cold start.
Experts Edition: HIPAA and Your Eyecare Cold Start
Are you prepared to make your cold-start eyecare practice HIPAA compliant? 🤔
Are you suuuuuuure? 🙃
Erich sat down with the president and co-founder of Abyde, Matt DiBlasi, to talk about HIPAA and your cold start. You -literally- can't afford to miss this! 💸
Office Location & Buildout, part 1/4
In the previous 3 episodes of The Cold Start Corner we explored your Strategic Business Plan. Now that you have that in place, it's time to dive into your Office Location and Buildout!
In part 1/4 we'll look at the Master Budget, and the components you need to consider.
Make sure to subscribe to our YouTube channel and follow us on the socials for the latest from The Cold Start Corner!
Experts Edition: Team Training & Development for your Cold Start
Erich talks with Kayla Ashlee, founder of Spexy, about training and developing the brand new team for your cold start eyecare practice! Check it out!
Experts Edition: Recruitment & Onboarding for your Optometry Cold Start
Recruitment & Onboarding can be tough! Check out what expert Jen Gill of Eyetastic Services has to say…
Experts Edition: Corporate, Leasehold, & Private Practice Ownership"
There are a lot of environments to practice optometry - let’s explore some of them with Dr. Maria Sampalis!
Experts Edition: Vision Plans and Your Cold Start
Do you need to take vision plans? Who better to talk about this than industry veteran and head of Marketing & Strategic Partnerships for Anagram, Mr. Steve Alexander!
Episode 8: Strategic Business Plan part 3/3
We’re finishing up your Strategic Business Plan with Strategy & Implementation and Organization & Management. We try to make it look easy but we know it can be overwhelming. Need help? Want us to do it for you? Just reach out 😉
Experts Edition: The Legal Side of Cold Starting
You know the ins and outs of practicing optometry, but do you know how to negotiate your lease? Incorporate your business? What about Human Resources? Take a listen and then reach out!
Episode 7: Strategic Business Plan part 2/3
Continuing to build your Strategic Business Plan, in this episode we focus on Products & Services and Market Analysis.
Experts Edition: Financing for your Cold Start or Practice Purchase
Darren Jackson, Vice President of Wells Fargo Healthcare Industries Group, joins us on this episode of The Cold Start Corner: Experts Edition to discuss what you can expect while going through the financing process to begin your cold start or purchase journey.
Episode 6: Strategic Business Plan part 1/3
We’re beginning your Strategic Business Plan with the Executive Summary and Company Description. Check out part 1 of 3 in this series!
Cold Start Corner Experts: Optical E-Commerce and Your Cold Start
Are you looking to open your own eyecare practice? Want to learn more about e-commerce and how you can integrate it into your optical? Watch to learn more!
Episode 5: Cash Flow & Financial Feasibility
The Financial Forecast & Feasibility Analysis culminates with an evaluation of projected cash flow and debt service requirements to determine financial viability of your cold-start or purchase!
Project your Profit-&-Loss utilizing your Revenue Modeling (Episode 3) & Expense Modeling (Episode 4) forecasts…
Episode 4: Expense Modeling
Planning for your future expenses is key to your Financial Forecast & Feasibility Analysis — lenders want to see these projections and how they will change over time (ultimately impacting your operating cash flows)!
Episode 3: Revenue Modeling
A key piece of The Financial Forecast & Feasibility Analysis, Revenue Modeling establishes your 1, 2, & 3-year targets. Remember, it's all about your practice vision-- scope of care and goals!