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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 198: How I Would Start My Private Practice: with $1000 (1 of 3)
How I Would Start My Private Practice: with $1,000
What would it actually look like to launch a solo private practice with just $1,000? In this episode, Julie Herres kicks off a practical three-part series walking you through exactly how she would build a private practice from the ground up—starting with a shoestring budget. Julie shares candid insights, must-have tools, and where not to spend your cash, all while keeping things approachable (and a little bit fun).
What You’ll Learn:
- How to Prioritize Your $1,000
- Which foundational steps are absolutely necessary, and what can wait until later
- DIY Strategies to Stretch Your Budget
- Common Pitfalls to Avoid
Resources and Links
- Private Practice Startup Course: https://www.greenoakaccounting.com/startup12
- Paperwork Packages:
- Private Practice Startup Paperwork Base: https://www.privatepracticestartup.com/private-practice-paperwork-base
- Private Practice Startup paperwork: https://the-private-practice-startup.thrivecart.com/base-package-299/?affiliate=greenoak
- Free HIPAA add-on: https://www.privatepracticestartup.com//hipaa-form?affiliate=greenoak
- Be Your Own Biller:
- Membership: https://www.beyourownbiller.com/byob-membership
- Course: https://www.beyourownbiller.com/
- LLC/PLLC: Typically $50–$100 (check your state’s Secretary of State website)
- Domain Name:
- $15/year at the time of recording
- via Squarespace: https://www.squarespace.com/
- or Wix: https://www.wix.com/
- Google Workspace (Email): $14/month at the time of recording
- Sign up: https://workspace.google.com/
- Google Workspace for Business: https://workspace.google.com/lp/business/
- How to get a BAA from Google (for HIPAA): https://support.google.com/a/answer/3407054?hl=en
- EMR/EHR: $50–$100/month (compare options for features, ease, and integration)
- Miscellaneous Listings or Memberships: $0–$50/month (Psychology Today, TherapyDen, etc.)
- Wix Website: Core or Light plan <$30/month
- Get started with Squarespace: https://www.squarespace.com/
- Get started with Wix: https://www.wix.com/
- Intake Accelerator by Productive Practice
- Get the Intake Accelerator: https://productivetherapist.com/intake-accelerator/?affiliate=greenoak
- Credentialing: $250–$300 (estimate for professional help; DIY options available)
- Google Voice (HIPAA-compliant, paid plans only): $10/month
Get our free KPI tracker to see how you practice measures up to others in the industry!
www.therapyforyourmoney.com/kpi