Therapists: Hiring Independent Contractor vs. Employee

Therapists: Hiring Independent Contractor vs. Employee

Because you chose a calling that centers around healing the emotional pain of those around you, you’re probably a helper at heart. Imagine this: Lately things have been picking up and you’ve decided to hire another therapist to take on the additional workload. You’ve found that you could use some help yourself! Well, help us help you take on a helper. Perhaps the biggest question to ask yourself before hiring a team member is: Do you want this team member to be an employee or an independent contractor (AKA a freelancer)? The decision is yours because, chances are, you’ll see…
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Therapy Practice Basics: Retirement Plans for a Sole Practice

Therapy Practice Basics: Retirement Plans for a Sole Practice

“Gosh, I’m so glad I started saving up for retirement years ago!”~ Future You, many years from now Do you ever put on a clean pair of socks, or pull a clean bowl out of the cupboard for breakfast, and silently thank “past you” for setting yourself up for success? Now think about that tiny little mood boost and imagine multiplying it by 10,000. That’s what you just might feel like after retiring, knowing that your retirement savings are so strong that they might survive the complete annihilation of Social Security. (We all know that Social Security isn’t going to…
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Scaling Your Therapy Practice Series: When to Outsource Your Bookkeeping

Scaling Your Therapy Practice Series: When to Outsource Your Bookkeeping

“For everything we don’t like to do, there’s someone out there who’s really good, wants to do it, and will enjoy it.”~ Josh Kaufman Running a successful business is all about focusing on what you do best, and knowing when to hire or pay someone else do the rest. Think back to the 1980s, when corporate conglomerates were all the rage. Companies tried to be everything to everyone and, for example, the Quaker Oats company bought an Atari videogame developer in 1982. Needless to say, the oat conglomerate did not run its videogame subdivision well, and the acquired division folded…
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