Navigating Financial Challenges in 2025: Insights and Strategies for Therapy Practice Owners
In this episode of 'Therapy for Your Money,' host Julie Herres, owner of Green Oak Accounting and author of 'Profit First for Therapists,' is joined by frequent guest Jacquie Carter to discuss various financial topics relevant to therapy practice owners. They cover a quarterly recap focusing on the challenges and changes faced by private practices in 2024, the importance of optimizing marketing efforts, and the critical role of administrative efficiency. They also stress the necessity of active participation from practice owners, especially during tough financial times, and explore affordable self-care practices to avoid burnout. As Jacquie eloquently states, 'It just takes one small thing a day to make a difference in the long run.'
Show Highlights
00:00 Welcome to Therapy for Your Money
00:45 Quarterly Recap with Jacquie Carter
01:43 Challenges Faced by Practice Owners in 2024
05:31 Marketing Strategies for Group Practices
07:44 The Importance of Timely Responses
10:35 Facing Financial Realities
13:55 Managing Administrative Costs
19:16 Balancing Self-Care and Business Needs
26:11 Looking Forward: Optimism for Private Practices
29:52 Conclusion and Final Thoughts
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
2/28/2025 Webinar: Profit & Marketing Secrets: How To Master Your Budget to Maximize Your Marketing ROI - Register
Get our free KPI tracker to see how you practice measures up to others in the industry!
www.therapyforyourmoney.com/kpi
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