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In this episode, I talk to Money Coach Linzy Bonham about money management and mistakes to avoid when scaling to a group practice.
Make sure to bring your paper and pen because this episode is full of actionable tips!
Here are some key points in this episode:
[6:43] Set a split that is sustainable for your practice.
[10:00] Evaluate how each of the clinicians is impacting your practice.
[10:56] Why you should track your sales report weekly.
[15:45] Be strategic about investments and their right time.
[18:46] Invest in revenue generating things.
Links From the Episode:
- Practice Management Software: Janeapp coupon: mccance1mo (Free month!)
- Money Skills for Therapists Podcast – moneynutsandbolts.com/podcast/
More about Linzy Bonham:
Linzy Bonham is a therapist in private practice turned money coach who helps therapists feel calm and in control of their finances. Linzy helps therapists develop peace of mind about their money. Because many therapists were never taught about money, she focuses on the “how” of making the financial side of private practice doable, and even satisfying. Her signature course, Money Skills For Therapists has helped hundreds of therapists who are starting or are in private practice get their finances in order and change their relationship with money.
- Website – www.moneynutsandbolts.com
- Instagram – @moneynutsandbolts
- Facebook – Money Nuts & Bolts