3 Common Problems Practice Owners Have

The Therapy Business Podcast

Navigating the financial maze of therapy practice ownership can feel like a daunting quest. That's why we're equipping you with a map and compass in the form of the Profit First system, designed to cut through the fog of cash flow confusion.
On this episode, I take you through the process of seizing control of your finances, projecting income, and preparing for expenses, all to ensure the foundation of your practice is as stable as your commitment to your clients.
We often hear tales of entrepreneurial sacrifice, but what about the chapter where the hero—yes, that's you—gets their due rewards? I pull back the curtain on the emotional roller coaster of starting and running your own business, sharing stories that resonate with the journey towards recognizing one's own worth. It's a heartfelt reminder that taking care of your financial health isn't just good business sense; it’s a non-negotiable aspect of respecting the time, energy, and passion you pour into your practice.
Finally, I extend a lifeline to those struggling to find equilibrium between work demands and life's pleasures, offering practical strategies for creating a business that enriches your life rather than consumes it. Learn how to set fair prices, delegate wisely, and establish a consistent paycheck that reaffirms the value you bring to your business. It's not just about serving your clients; it's about serving yourself, too. So join me, and let's reshape your business to be the supporting structure for the life you aspire to lead.
Episode 2: Profit First System

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Chapters

1. Practice Owners' Common Financial Struggles (00:00:00)

2. Prioritizing Yourself as a Business Owner (00:08:16)

3. Balancing Work and Life in Business (00:15:39)

4. Consistent Personal Paycheck for Business (00:21:39)