The Art of Buying an Optometry Practice or Optical in Today’s Climate
Approved for: 1 hour of COPE-PM
Length: 60 Minutes
The pursuit and dream of entrepreneurship and owning an optometry practice or optical is not for everyone. Market consolidation, e-commerce, and technological innovation have all increased the competitive landscape. The unfortunate COVID19 pandemic has rocked the economic climate leaving many to ponder the short and long-term effects. Fortunately, despite these challenges the eye care and eyewear industries are on the rise due a variety of factors including, but not limited to, increased aging and generational preferences. Additionally, the payoff for this incredible pathway is invaluable and only bound to get better with time. This course provides prospective buyers with updated metrics and projections for both the eye care and eyewear industries and arms them with both short and long-term strategies and implementations to ensure they secure the best practice at the right price.