Optometry Practices
Helping You Meet The Complex Challenges Of Your Industry
Managing an optometry clinic today is more complex than ever. Rapid changes in markets, competition, technology, and delivery systems require that progressive optometry practices and clinics have experienced accounting partners to assist them in understanding their needs and meeting the challenges they face. Olsen Thielen’s professionals provide the specialized financial and consulting expertise that is needed to successfully manage in today’s highly competitive and rapidly changing marketplace.
Olsen Thielen professionals are highly experienced in the following areas:
- Primary care practices and dental clinics
- Specialty clinics
- Single and multi-owner practices
- Start-up practices for newly licensed professionals
- Single provider practices and employed physicians and dentists
- Benefit plan audits for clinics
Services for Your Optometry Practice
In addition to our accounting and tax services, we provide support for back-office operations, revenue growth, operational management, and financial planning. We provide industry-specific guidance to help ensure your practice complies with current tax laws and using the best accounting practices to maximize income and minimize tax burdens. Our specialists look beyond compliance needs to educate you on new regulations and rule changes and help identify strategic improvements which will keep you moving towards your organization’s long-term goals.
- Business entity selection for tax purposes
- Financial statement and tax preparation and planning for owners and practices
- Client Advisory Services (CAS) - recurring bookkeeping, payroll and reporting
- Fractional CFO/Controller services
- Compensation models and bonus planning and consultation
- Retirement and benefits planning including maximizing pre-tax benefits for owners
- Purchase and sale of your practice including deal structure and tax planning
- Cash flow analysis of buy-in and buy-out
- Buy-sell planning and protection for the practice and its owners
- Business valuations for estate, sale or acquisitions
- Deferred compensation plans for retired or retiring owners
Contact a Specialist
Our optometry industry professionals have dedicated their careers to working with optometrists and clinics and are trained to help your practice remain compliant, operate efficiently, and increase profitability. We are always by your side to offer helpful advice and consultation to help you plan for the future. To learn more, contact one of our industry specialists: