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         		 This Eyecare Practice financial simulationwas created to enable you to independently analyze your practice. All practices are different and the model results are estimates, but we know you will find this benchmark analysis interesting. Even a simple analysis can provide you additional insights and our hope to "Put Profit Back Into Your Practice". ver 3.0    
        To start: Simply enter two criteria to create a simulated practice with similar revenue.    
        % of Patients      
           
                 
        ( Continue to enter a different patient count until the model approximates your gross revenue )      
               
           
      Revenue and Cost of Goods Sold Assumptions    
            Cost of Goods Sold % Exam Only Exam, Frame & Lens Exam & Lens Exam & Contacts Exam, Frame/Lens & Contacts    
    		0%
    		0%
    		Total
               
    		0%
    		0%
    		Total
          Frame Mark-up Multiple Equivalent          
            Per Patient Analysis          
    		========== Per Patient ============
    		Gross Gross
    		Variable
    		IEP Benchmark Estimates
    		Patients Revenue Margin Staff Profit
    		Private Patients
    		Managed Care & Third party
    		Average
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          Simulated Profit & Loss Statement     YOUR      
          SIMULATION   PRACTICE   Dollar    
    		Dollars % Dollars % Difference
             
             
        Lab Staff & Lab Equip Costs   $ -    
    		Operating Expenses:
    		Wages & Related Costs ( Excluding Lab Staff)
    		Staff Wages & P/R Taxes
    		Staff Benefit Programs- Health & Pension
    		Professional Assoc. Wages
        Professional Assoc.-Health & Pension      
    		Total Wages & Related Costs
    		Facility Costs ( Rent & Utilities)
    		If property owned Int+Deprec+Prop Tax
    		Equip. Lease Costs (Excluding Lab Equip)
    		If property owned Int+Deprec+Prop Tax
    		General Operating Expenses
    		Marketing & Advertising Costs
    		Bank and CreditCard Charges
    		Communication Costs
    		Office & Supply Costs
    		Insurance
    		Repairs / Maintenance
    		Other professional fees- Accounting
    		Dues/ Licenses/ Education
    		Travel & Entertainment
        Misc. Taxes      
    		Subtotal
        Total Operating Expenses      
        Earnings before Deprec., Interest & Taxes      
    		Other Costs
    		Int. for Working Capital, Eductn, Aquistn. Debt
    		$ -
        Depreciation- Not included elsewhere   $ -    
    		Subtotal
    		Net Income (Excluding Owner Expenses)
        Practice Gross Revenue Analysis      
              Exam &   Exam &        
    		Exam Frame & Exam & Exam & Frame/Lens
    		Only Lens Lens Contacts & Contacts Totals %
    		Annual Patients
    		Total
    		Annual Patients
    		Total
    		Total Practice
        Annual Patients      
    		Totals
               
        Practice Cost of Goods Sold Analysis        
              Exam &   Exam &        
    		Exam Frame & Exam & Exam & Frame/Lens
    		Only Lens Lens Contacts & Contacts Totals %
    		Total
           
          Total    
        Total Practice          
           
          Totals