Therapy For Your Money
Welcome to Therapy for your Money, a podcast about all things money and finance for private practice owners! If you are ready to feel confident and in-control of your financial life, then you are in the right spot. Therapy for our Money is hosted by Julie Herres, the CEO and Founder of GreenOak Accounting. She and her firm specialize in working with private practice owners across the United States, and have assisted hundreds of private practices with increasing their financial stability and profitability. She is on a mission to share her best practices she's learned along the way through her successful career as an accountant, discusses financial topics with a wide variety of guests, and help her listeners make data driven decisions to help their businesses.
Therapy For Your Money
Episode 152 | Industry updates: What's on practice owners' minds? (with Jacquie Carter)
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Julie Herres
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Season 5
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Episode 152
GreenOak Accounting Manager Jacquie Carter joins the conversation for this quarterly episode mainstay - Industry Updates! Julie and Jacquie cover the latest issues that are on practice owners' minds and advise how to wisely manage the financial side of business ownership in these latest industry hurdles. Also find out what's recommended for end of year financial security!
Episode Highlights
- 00:00 Welcome to Therapy for Your Money
- 00:45 Quarterly Recap with Jacquie Carter
- 01:23 Current Trends and Challenges in Private Practices
- 03:17 Insurance and Payment Delays
- 04:49 Struggles of Private Pay Practices
- 06:13 Hiring Difficulties in Group Practices
- 07:58 Expectations and Realities of Group Practice Ownership
- 14:14 Challenges for Solo Practice Owners
- 22:50 Advice for the End of the Year
- 26:24 Conclusion and Disclaimer
Links and Resources
- Money for Therapists Practice Startup - https://www.greenoakaccounting.com/startup
- GreenOak Accounting - www.GreenOakAccounting.com
- Therapy For Your Money Podcast - www.TherapyForYourMoney.com
- Profit First for Therapists - www.ProfitFirstForTherapists.com
- Profit First Academy - www.ProfitFirstForTherapists.com/Academy
- Podcast Production and Show Notes by Course Creation Studio
Get our free KPI tracker to see how you practice measures up to others in the industry!
www.therapyforyourmoney.com/kpi