HEY THERAPISTS!
Want to grow your practice, but not sure how to do it in a profitable way? Money for Therapists: Team Compensation is for YOU!
Are you ready to grow your group practice but overwhelmed at the thought of hiring?
DOES THIS SOUND LIKE YOU?
You want to grow your group practice.
You need to hire, but you're not sure where to start or if you're doing it right.
The prospect of filling another clinician's schedule feels daunting (and expensive).
You've over trying to guess what will work.
You're tired of feeling like you're doing this group practice thing wrong.
You wish there was a way to know that you're making good hiring decisions that won't put you and your business at risk of failure.
Good news! I help my clients with those same problems every single day. It's time to stop guessing about your team compensation and start hiring based on data.
IMAGINE...
There was a way to hire with confidence...
You could finally have the profitable group practice you have been dreaming of...
You could pay yourself well, and focus on getting your new clinicians filled up instead of worrying about money...
All of that's possible inside Money for Therapists: Team Compensation
WHO IS THIS RIGHT FOR?
NEW GROUP PRACTICE OWNERS
Have a few clinicians, but not sure your compensation structure makes sense? Money for Therapists: Team Compensation will help you run the numbers so you have peace of mind - and a profitable business.
Don't make another hire before knowing that you're on the right financial path.
SOLO PRACTICE OWNERS THINKING OF STARTING A GROUP PRACTICE
Your solo practice full, and the referrals keep coming in. If you've been thinking about hiring but aren't sure where to start, Money for Therapists: Team Compensation will teach you everything you need to know about hiring.
You'll be able to start your group practice ensuring each and every session is profitable.
ESTABLISHED GROUP PRACTICE OWNERS
Maybe you've been a group practice owner for a while, but something just feels "off". Perhaps you're not making the kind of money you thought you would. Maybe your clinicians are asking for raises and you're just not sure if you can afford it.
Money for Therapists: Team Compensation will help you determine what makes financial sense for your practice.
BASICALLY, THIS IS FOR YOU IF...
You want to grow your practice.
You've talked to other practice owners about what they are doing, and you have ideas about how to pay your next team member, but don't know where to get started.
You've established that you need to hire but you're overwhelmed by how the money side will work.
You want an easy, straightforward system to help you make an offer to a clinician as soon as you find someone you'd like to hire.
ON THE FLIP SIDE...
This is not for you if...
You’re looking for a magic bullet.
You prefer to crowdsource free groups rather than get real, actionable strategy from experts.
You’re not interested in growing and scaling your practice.
You like to move slowly and see a delayed return on your (time and money) investment.
“If you want to take your financial situation from bleak to bright, GreenOak is the best choice!”
-Alycia
If you're anything like some of the clients I've worked with, maybe you've made some mistakes when it comes to hiring.
MISTAKES LIKE...
PAYING TOO MUCH:
Paying top dollar to your therapists without checking if your practice's wallet can handle it can lead to financial strain and less profit to go around.
THINKING ONLY OF "RIGHT NOW":
If you don't consider future needs of your practice when hiring, you like wont' have enough profit margin to add critical positions like administrative help and leadership.
CREATING AN UNSUSTAINABLE MODEL:
Not building a compensation plan that can stand the test of time might leave your practice in a shaky financial situation.
IGNORING COMPLIANCE:
Brushing off legal rules about compensation can land you in hot water, and trust us, that's not where you want to be.
CREATING A COMPLEX STRUCTURE:
Crafting a compensation scheme that's more tangled than a ball of yarn can confuse your team and put a cap on your practice's growth potential.
NEGLECTING CLEAR CRITERIA:
Failing to set clear performance benchmarks for raises and/or bonuses can leave everyone wondering how the cookie crumbles.
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HI, I'M JULIE!
I'm an accountant, and the CEO of GreenOak Accounting, a firm that exclusively serves therapists in private practice. I'm also the host of the Therapy For Your Money podcast and author of the Profit First for Therapists book. In my accounting firm I kept seeing practice owners make the same hiring and compensation mistakes over and over again, so I created this course to help practice owners hire in a way that won't put their practice at risk.
I'm a mom of 3 kids and 3 dogs who loves reading. I usually have at least 2 books in progress at a time, both business books and novels.
But perhaps more relevant to you, seeing the story within the numbers is my superpower and I love supporting practice owners as they grow their business and profit, and gain confidence in their finances.
WHY I CREATED THIS...
I want you to know how to grow your team in a sustainable and profitable way.
If you've made hiring mistakes in the past, I see you. I know how challenging and lonely being a business owner can be. I want your very next hire to be a profitable one.
If you're hiring for the very first time, I want you to know what so many before you didn't. I want you to build the practice of your dreams, not your worst nightmare.
I wanted to create a course where I taught all my tips and tricks around hiring, so that even if you never work with my amazing team at GreenOak Accounting, you'll have access to our knowledge and tools for your practice.
I want to help you achieve profitability in a more reliable way, with way less frustration.
WHAT'S INSIDE | MONEY FOR THERAPISTS: TEAM COMPENSATION
Learn the secrets to hiring that guarantee financial sustainability and confidently make data-driven decisions – no more relying on guesswork. Transform your practice into a thriving success in just hours!
Have you ever witnessed a fellow therapist seek advice on Facebook, asking, "I'm hiring my first clinician, any tips on how to pay them?" Us too. Unfortunately, the responses are often inaccurate, lack context, and sometimes they provide no room for error or profit.
That's why GreenOak Accounting's team of experts crafted this course. We're here to ensure you receive precise information swiftly, empowering you to make sound financial decisions. Gain exclusive access to our proprietary hiring calculators, enabling you to determine affordability and compare various compensation models effortlessly. Elevate your hiring game!
IN THIS COURSE, YOU'LL LEARN:
🤔 How to Hire and How Much to Pay: Goodbye to financial uncertainty and make informed hiring decisions.
🔍 Get All Your Burning Financial Questions Answered: Should you hire contractors or employees? Part-time vs full-time? How should you pay them? Should you offer benefits?
🔢 Figure out What you afford: Use our templates and calculators to calculate what makes sense for your practice.
💰 Evaluate Pay Structure Options: Explore compensation options for clinicians, admin, and leadership roles.
📈 Get the Intel on Advanced Topics: Elevate your practice with insights on tracking clinician KPIs, offering bonuses, raises, and more.
💼 Our team of industry expert accountants will unravel the complexities of paying your team and set your practice up for unparalleled profitability.
🚀 Elevate Your Group Practice to New Heights 🚀
Ready to boost your practice's profitability and efficiency? Whether you're a seasoned practice owner or just starting out, the Money for Therapists: Team Compensation course is your ticket to success.
Don't let financial ambiguity hold you back. Join the course today and empower yourself with the knowledge, expertise, and strategies to make your group practice not just survive, but thrive!
JOIN TODAY!
THERE'S MORE! YOU'LL ALSO GET...
COMPENSATION FRAMEWORK FOR CLINICIANS ($499 VALUE)
Our proprietary compensation framework to pay your team member well, while ensuring sustainability of the practice.
COMPENSATION CALCULATOR
($99 VALUE)
Proprietary calculator for calculating exactly what you can afford to pay your clinician.
BENEFIT OPTIONS & WHEN TO ADD THEM ($199 VALUE)
System for adding benefits for your team (and yourself) in the future.
OPTIONS FOR PAYING LEADERSHIP ($199 VALUE)
Get help when you need it; know what you can afford without overpaying.
CLINICAL EXPECTATIONS KPI TEMPLATE ($99 VALUE)
Worksheet to track your team member's performance to have productive data-driven conversations.
JOB DESCRIPTION & OFFER TEMPLATES ($49 VALUE)
Use our templates so you can get started quickly on your job description (and make sure you include all important information!)
AVOID COSTLY MISTAKES!
Whether it's your first time hiring and you're grappling with the multitude of decisions, or you're a group practice owner with a team of clinicians, feeling that things aren't quite right – we get it.
If you find yourself overwhelmed, struggling to make ends meet, and your clinicians making more than you while still asking for more money, you're not alone. Let's turn things around together.
Making hiring mistakes can take a toll—both financially and personally. When you find yourself working tirelessly to subsidize your team's efforts, it not only impacts your business but takes a toll on your personal life and family. Running a business is challenging on its own; avoid unnecessary difficulties.
Some practice owners believe that adding more clinicians will improve things. But, if each new hire is costing you money, expanding the team only exacerbates the problem.
We want you to set up your group practice in a way that is sustainable long-term. Every session should be profitable, for every clinician. Join the course to learn from our years of experience!
COURSE CURRICULUM
Unit 1: Decide how to pay your new team member
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Contractors vs employees
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How much should you pay clinical team members?
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Templates for various compensation structures
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Part-time vs full-time hires
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Bookkeeping basics
Unit 2: Getting ready to pay your new team
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Payroll software and setup
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HR best practices
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Benefit options & when to add them
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Options for paying your admin & leadership
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Managing cash flow & hiring
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Job description and offer templates
ADVANCED TOPICS
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KPIs and tracking performance
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Bonuses
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Raises
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What to do if a team member moves out of state
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Profit First
NO MORE GUESSING...
Our team sees this scenario so often: A practice owner comes to us because they are barely making any money, even though they are working around the clock. We dig into their financials, just to realize that they are paying their team WAY too much. It comes from a place of kindness: the owner wants to treat their team well, and wants them to feel valued. But the owner is working harder than ever to subsidize the work their clinicians are doing.
Sometimes they think: If I can just add one more clinician, things will get better. When you're losing money on each new hire, another clinician just makes the problem even worse.
We want you to set up your group practice in a way that is sustainable long-term. Every session should be profitable, for every clinician. Join the course to learn from our years of experience!
FREQUENTLY ASKED QUESTIONS:
Q: Can't I just get this information from my accountant?
A: Your accountant can tell you how to pay your team member (or set up payroll), but what most accountants can't tell you is "how much". Our team has worked with hundreds of private practice owners, so we've seen what works and what doesn't. We'll help you avoid costly mistakes!
Q: Will this course help me if I'm just starting my group practice?
A: Absolutely! You can hire your very first team member in a way that makes financial sense for your practice.
Q: I already have a group practice, can I still benefit from the course?
A: Absolutely! The best time to tackle clinician compensation is at the time of your first hire, the next best time is right now. Even if you have a few clinicians on your team, you can still increase your knowledge to make data-driven decisions.
Q: How fast will I be ready to hire after I buy the course?
A: The course material is divided into short, easy to consume videos on specific topics. Before you hire, you'll want to review Unit 1 and use the calculators to run the numbers for your specific situation. This should take anywhere between 2-4 hours.
Q: The course is expensive, can't I just figure this out on my own?
A: We've jam-packed the course with all the knowledge we have about hiring in private practice. Short of working directly with our team at GreenOak Accounting, this is the next best option. A single hiring mistake can cost you tens of thousands of dollars, so the course is well worth the investment.
Q: Can't I just figure this out on my own?
A: You might, but our goal for the course is to help you skip months (or years) of trial and error. We'll share our proven framework developed from years of working with therapists in private practice. We know what works and what doesn't when it comes to team compensation.
Q: How long will I have access to the course?
A: You have lifetime access to the course materials.
Q: Is there ongoing support after the course?
A: This course is DIY, so you can take the lessons at your pace and refer back to them often. There is no 1-on-1 support provided in the course.
Q: I have a group practice with 10+ clinicians, will this course be helpful for me?
A: If you've grown your team to 10+ clinicians, you're doing lots of things right! Still, you may greatly benefit from the tools in the Money for Therapists: Team Compensation, especially the Advanced compensation section which covers raises, bonuses, KPIs and more.
I do find that businesses this size benefit greatly from ongoing accounting support to lighten their load, instead of trying to DIY. If you'd like more information on our monthly accounting services visit www.greenoakaccounting.com/consultation
Q: Will the course address regional variations in compensation and legal considerations?
A: The course is intended for US-based private practice owners. While we don't cover EVERY local and regional consideration, we provide general principles that apply to most practice owners.
Q: What is the refund policy?
A: Due to the nature of this course, we have a strict no refund policy.
IF YOU'VE READ THIS FAR...
You have two options:
Continue to spend more time and energy trying to figure it out on your own...
Or, finally have a proven plan for hiring sustainably so you can finally the group practice you always imagined.
Imagine where you could be just one month from now.
You're ready to make data-driven decisions.
You're ready to stop guessing.
You're ready to start hiring with a plan.
You're ready for a way to grow your group practice.
You're ready for financial stability and peace of mind.
You're ready for Money for Therapists: Team Compensation.
