Your NZ Optical Industry Matchmaker 😉

Terms of Trade

Locum Service OpticsNZ scope will be to provide an introductory service and complete an assignment agreement to make all terms clear for all parties before sign off. Clients pay the locum directly as well as any fees for accommodation and travel. We charge a per day, fixed-rate fee by profession.		Dispensing Opticians $20 per day Optometrists $60 per day
Recruitment You will only be charged for our recruitment services upon the of signing an employment agreement. Fees are fixed by profession and our full scope service* includes; Screening of potential candidates Initial interview Reference checking An offer of employment letter Job description and employment agreement Performance management plan We are well connected with the NZ immigration service, national and Australian associations, colleges, registration boards and the medical council and provide full support for all candidates seeking employment.		Sales Executives, Laboratory Technicians – $3K Practice Managers and Dispensing Opticians – $4K Ophthalmic Nurses and Orthoptists – $4K Optometrists – $7.5K
Practice Brokering Studies show that using an intermediary increases the likelihood of a successful transaction. Selling a practice can be a complicated and emotional process. Even large business owners who have operated multi-million dollar global companies choose to utilise a professional business broker or merger & acquisition advisory services. Not because larger companies are more complicated, but rather because of the inherent value of having an objective, third-party advisor directing the process. OpticsNZ and Link Business only broker practices where we have compiled a practice profile ourselves and are the sole representative for the first 12 months. We charge an initial $5,000 plus GST on engagement, this is a non-refundable and covers our travel costs and our time preparing the practice profile. Fees are paid on performance, and as a percentage of the final sale value, less the initial $5,000.		8% for practices that sell for under $500k 7% for practices that sell for over $500k
Business Consulting OpticsNZ will prepare a proposal that will document our services’ scope and the investment required for any engagement. For example: Business and marketing plan completion (or a review of an existing plan), HR audits and staffing reviews Marketing initiatives, Culture and value appraisals Supply chain reviews There is no fee for the initial proposal. Once the proposal is approved and signed, this will become a binding agreement.
The Finer Detail Before any engagement, OpticsNZ will respond with a proposal with estimated costs to ensure clarity. All rates shown are expressed in NZD and are exclusive of GST. The fees remain the same for work in Australia, but they are expressed in AUD and are GST free. Travel costs required for recruitment and business consulting services are client expenses. Prior approval will always be sought. Any invoices for the likes of production, photography, graphic design, web or Facebook building, printing, etc., will be billed directly to the client for payment. Any client costs incurred by OpticsNZ will always require the client’s prior approval. Invoices issued by OpticsNZ are to be paid on the 20th of the following month trading terms.