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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 193: Cash-Flow Series: Where Is Your Money Leaking?
Cash-Flow Series: Where Is Your Money Leaking?
In this episode, Julie dives into the not-so-fun—but oh-so-important—side of practice finances: figuring out where your hard-earned money is sneaking out the door.
If you’ve ever wondered why your practice feels “tight” on cash even when revenue looks strong, you are definitely not alone. Julie walks you through the six most common cash-flow bottlenecks that drain practices, both big and small, and provides practical, judgment-free advice on how to spot and solve them.
Whether you’re a solo owner or running a thriving group, you’ll leave this episode with fresh clarity—and maybe even a little sigh of relief.
Three Things You’ll Learn in This Episode:
- How to spot hidden expenses that might be eating away at your profit (without you even realizing it).
- Why clinician compensation is the “make or break” number for group practice profitability—and what healthy percentages look like.
- How to break the “shiny object” spending cycle and focus your resources where they’ll actually make a difference for your bottom line.
Links and Resources
Group Practice Con - Join the 2026 Waitlist
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