There are several reasons why someone may choose to sell their private practice business, including: Retirement: If a practitioner is nearing retirement age or looking to transition into a new phase of their life, they may choose to sell their practice to someone else. Financial reasons: Selling a private practice can provide a significant financial …
You’ve done all the right things! Applied and accepted to grad school: Check Graduated with an advanced degree: Check Knocked out all your requirements for licensure: Check Started a private practice: Check Actually found paying clients: Check You’ve done everything you were supposed to do and yet… you’re not seeing the numbers on your bank …
Therapists! When you’re doing things right, but the money is tight. Read More »
There are a few different factors to consider when coming up with a name for your private therapy practice: If there’s a chance you want to have a group practice or sell the business down the road, it may be wise to use a brand name (Wise Path Counseling LLC) instead of a personal name …
Therapy Practice Names: How to Name Your Private Practice Read More »
Hiring is the hardest part of being a private practice owner, because it takes thought, planning, and practice to get right. The truth is, unless you’re lucky, you’ll run in to challenges with your hiring and employees throughout your time as the boss. These issues can typically be traced back to the hiring process, so …
How to Hire a Therapist for Your Private Practice: Do’s and Don’ts Read More »
Bookkeeping for Therapists: Private Practice Accounting Solutions In the business of mental health therapy and coaching, professionals are usually focused on their clients and providing the support that they need. This is good, of course, because that’s their job. However, for those private practice owners and independent therapists, running the business will also be a …
Bookkeeping for Therapists: Private Practice Accounting Solutions Read More »
