How to Increase Your Private Practice Revenue Every Year [Ep 77]

The Bad Therapist Show

Are you ready to boost your bank balance and see your therapy practice thrive? Tune in to discover how you can increase your private practice revenue every year despite the sneaky effects of inflation!

In today's episode, I'll guide you through the top reasons why boosting your income isn't just a luxury (it's a necessity for keeping up with the ever-rising cost of living) and understanding the impact inflation has on your private practice. Together, we'll dive into practical strategies for setting appropriate fees that not only reflect your value but also ensure your financial health and help you plan for the future. Then we'll explore how to communicate fee increases to clients in a way that's clear, fair, and maintains trust.

Plus, I'll share my personal favorite way to celebrate my worth: giving myself a raise on my birthday! Tune in now and take control of your income with confidence.

Topics covered in this episode:

• Why the value of a dollar matters and what it means for your practice
• Breaking free from undercharging as a therapist and valuing your services
• Strategies for increasing your private practice revenue every year
• Setting the right fee increase amount for your private practice's growth
• Communicating fee changes without causing client discomfort
• The significance of financial security for therapists' service quality

Connect with Felicia:

• Instagram: @the_bad_therapist
• Website: www.thebadtherapist.coach
• Facebook group: Healing Money

Resources from this episode:

• Get my freebie & join the email list: The Magic Sheets
• We Should All Be Millionaires by Rachel Rodgers

Quote:

"You are providing a professional service to people and you have to do that in a way that actually supports you financially." - Felicia