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How to Pay Yourself More Money, More Consistently
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Ever wondered if your therapy practice is truly serving your financial well-being? Today we unpack crucial strategies for practice owners to establish a consistent and fair self-payment system.
We walk through essential steps to assess core personal and lifestyle expenses, helping you create a sustainable payment plan that respects your dual role as both business owner and employee.
Craig dives into the nuts and bolts of reverse engineering your business finances using the Profit First cash management system, sharing practical advice on maintaining financial discipline and setting boundaries.
Discover how to effectively allocate income across different bank accounts to meet your ideal lifestyle needs, and learn the secrets to achieving long-term financial health by gradually reducing dependency on unpredictable business funds.
This episode is a comprehensive guide for therapy practice owners looking to establish healthy financial habits and secure a permanently profitable practice.
Personal Finance Snapshot Spreadsheet
Chapters
1. Paying Yourself in Your Business (00:00:00)
2. Earning and Paying Yourself in Business (00:07:08)
3. Establishing Healthy Financial Habits in Business (00:15:34)
14 episodes
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