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Private Practice Startup

2419 East Commercial Blvd Suite 203

Fort Lauderdale, Fl 33308

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Tel: 754-307-7528

​Email: Kate@theprivatepracticestartup.com

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©Private Practice Startup 2015 - 2020

Episode 136 10 Common Business Mistakes Private Practice Owners Make and How To Avoid Them

Startup Nation, listen now to our podcast with
Jennie Schottmiller, LMFT
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Episode 136 10 Common Business Mistakes Private Practice Owners Make and How To Avoid Them

Google Play Podcast Private Practice Startup
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Our Sponsors

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Startup Nation, Meet:
Jennie Schottmiller, LMFT

Jennie is a former CPA and a current LMFT in private practice. She runs a Facebook group, Simple Profit, to educate and support other mental health clinicians in the areas of accounting, tax and financial analysis.

Contact:
Show Notes:
  1. Not having separate accounts for business transactions 

  2. Not having an accounting system even if it’s a spreadsheet; waiting until the end of the year to try and figure out all your expenses and total income 

  3. Not keeping detailed receipts 

  4. Not making time to look at your results of business regularly 

  5. Failing to pay estimated quarterly taxes

  6. Not knowing who and when you need to issue 1099’s to at year end (such as your landlord, attorney, CPA)

  7. Not setting financial goals or using a budget

  8. Spending cash rather than depositing it.

  9. Taking on too much debt 

  10. Not saving for emergencies (we don’t get paid if we don’t work!)

Resources & Giveaway Goodies:
Meet Your Co-Hosts!

What’s up #StartupNation!?! We’re so excited you’re here. In case you’re new to our community, I’m Dr. Kate Campbell, LMFT (on the left) and my business partner aka “BP” Katie Lemieux, LMFT is on the right. We have a blast co-hosting the The Private Practice Startup podcast, where we inspire your private practice journey from startup to mastery. We both built our thriving, 6-figure full-fee private practices from the ground up and love working with ambitious mental health professionals across the globe who want to brand themselves and grow their dream private practice. Enter our Startup Nation Community now to get tons of awesome practice building ninja tips, trick, hacks, and resources!

About Kate & Katie

What’s up #StartupNation!?! We’re so excited you’re here. In case you’re new to our community, I’m Dr. Kate Campbell, LMFT (on the left) and my business partner aka “BP” Katie Lemieux, LMFT is on the right. We have a blast co-hosting The Private Practice Startup podcast, where we inspire your private practice journey from startup to mastery.

 

We both built our thriving, 6-figure full-fee private practices from the ground up and love working with ambitious mental health professionals across the globe who want to brand themselves and grow their dream private practice. Enter our Startup Nation Community now to get tons of awesome practice building ninja tips, trick, hacks, and resources!