In this episode of 'The Scaling Therapy Practice,' host James Marland interviews Julie Herres, owner of Green Oak Accounting and author of 'Profit First for Therapists.' They discuss key strategies for scaling a therapy practice, focusing on the importance of financial sustainability and the critical role of accounting support. Julie highlights that every session should add to the bottom line and emphasizes the interconnectedness of scaling through session count and clinician headcount. The episode also covers the potential pitfalls of hiring without proper financial planning, and Julie provides real-world examples, like the pros and cons of buying a practice building. Listeners gain valuable insights into managing compensation packages, avoiding expensive mistakes, and exploring new revenue streams like online courses.
Show Highlights

00:00 The Financial Pitfalls of Generosity in Practice
02:11 Introduction to Scaling Therapy Practices
02:19 Meet Julie Herres: Expert Accountant for Therapists
02:54 Defining and Approaching Scaling in Therapy Practices
04:27 Maximizing Space and Resources for Growth
06:30 Breaking Down the Numbers for Scaling
09:44 The Role of Accountants in Scaling Your Practice
13:56 Avoiding Expensive Mistakes in Practice Management
18:38 Creating Effective Compensation Packages
21:46 Exploring Online Courses as a Revenue Stream
25:32 Julie's Resources and Contact Information
26:41 Conclusion and Final Thoughts

Links and Resources

More Resources from Julie and her team: https://www.greenoakaccounting.com/
Are you ready to scale with a digital product? Take the quiz: https://forms.gozen.io/TMu9Szi9S4i9C7I3h2S3 
Do you want to talk about scaling your practice with an online product? Contact James here: https://tidycal.com/360z043/chat-with-james
Email James with questions: [email protected] 

Ver todos los episodios