Adding Supervision to Your Therapy Practice for Financial StabilityIn this episode of 'Therapy for Your Money,' host Julie Herres welcomes Brittany Schank to discuss the benefits of incorporating supervision into therapy practices. Brittany, a group practice owner from Fargo, North Dakota, shares her journey of adding supervision to create financial stability amidst the unpredictable nature of insurance payments. They delve into the logistical aspects of providing supervision, including the establishment of fair rates, group versus individual supervision dynamics, and advertising strategies. The discussion also covers key considerations for practice owners, such as liability insurance, setting up contracts, and potentially separating supervision services from the core practice for legal and business reasons. This episode provides valuable insights into expanding revenue streams by offering supervision, making it a must-listen for therapy practitioners looking to enhance financial security.Show Highlights 00:00 Introduction to Therapy for Your Money01:01 Meet Brittany Schank: Group Practice Owner01:59 The Financial Benefits of Supervision03:30 Setting Up Supervision Services04:30 Determining Supervision Rates06:44 Group Supervision: A Profitable Approach10:38 Advertising and Finding Supervisees12:09 Legal and Logistical Considerations18:35 Final Thoughts and ResourcesLinks and ResourcesSolace Directory: https://solacecodirectory.com/Money for Therapists Practice Startup - https://www.greenoakaccounting.com/startupGreenOak Accounting - www.GreenOakAccounting.comTherapy For Your Money Podcast - www.TherapyForYourMoney.comProfit First for Therapists - www.ProfitFirstForTherapists.comProfit First Academy - www.ProfitFirstForTherapists.com/Academy Podcast Production and Show Notes by Course Creation Studio

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