Therapy For Your Money

Feb 21 2025 30 mins 3

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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