Your Practice’s Financial Wellness - An Emergency Savings Plan
Over the last year, we’ve seen a return to pre-Covid dips and lulls in the therapy industry. If you started your practice after 2020...
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I Want to Start a Group Practice with a Friend - What Should I Do?
On first impression, starting a group practice with a friend sounds like a fantastic idea, and a good way to split the risk and...
What are the financial risks of hiring part-time clinicians?
Should I hire part-time clinicians? While it may seem like a great idea to compile a staff full of part-time clinicians, it can be...
when your clinician moves out of state: a tax guide for the busy practice owner
We all know that taxes can be a bit of a headache, but fear not, because today we're here to shed some light on what happens to your...
Do you need an ehr and quickbooks?
I get this question a lot, “Do I also need my EHR if I have Quickbooks?” The answer is yes, as good as both of these software are, they...
the Five emotional phases of profit first
Have you ever heard of Profit First? It's a financial framework that can help you achieve financial freedom by making profit a priority...
Do I take owner's Draws or officer salary?
Two questions I often get are: What are the differences between owner’s draws and officer pay? How much is an owner allowed to take? Just...
contractor to Employee conversion in private practices (and free worksheet!)
As a practice owner, there is a constant barrage of information saying you should do one thing or another when it comes to your staff. ...
How to Prepare for a Painless Tax Season
Are taxes the most popular thing going right now? No. (Never) Do you need to hear some solid tax tips? Yes, you probably do.
What can a CFO do for your practice?
A friend of mine recently went on a three-week European vacation with her family. She wanted to pack in as many experiences as possible...
What’s the Difference Between an Employee and Independent Contractor in Private Practice?
Employee or Independent Contractor? It’s important to get it right when hiring - and that’s not just because the IRS is keeping an eye...
How to (properly) deduct international business travel
I’ll be attending the Not the Typical Psychotherapist Summit in Nashville, TN in a few short weeks. After so many virtual conferences...
Retirement options for private practice
Is it too early to be thinking about retirement? No, no, no... ...and no. Now’s the time. Saving for retirement may sound like a lot of...
Employee Benefits Guide for Private Practices
Let’s talk benefits! Are you thinking about adding private practice employee benefits? It doesn’t have to be complicated. As an employer...
5 Roads to More Passive Income
What do you think of when you hear the phrase “passive income”? Maybe making passive income is already part of your business plan. Or...
4 Private Practices that Need Your Help!
Have you ever been introduced to your own private practice? Sometimes all it takes is a fresh perspective on your day-to-day work...
Financial Self Care
What is financial self-care anyway? We’ll start where we always start: good old fashioned financial records and reports. It may seem...
How to Transition From Employee to Solo Practitioner
Are you wanting to leap from employee to solo practitioner?
EIDL and PPP programs are out of funds... for now
Last week was a challenging for me. The highs of hearing from clients who received PPP
Are you maximizing the income generated by your office space?
How do you know if you are maximizing your office space?
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