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Episode 169 What to Track to Have a Successful Business
Startup Nation, Meet:
Julie Herres, Accountant
Julie Herres is the owner of GreenOak Accounting. The firm provides full-service accounting to private practice owners throughout the United States.
Julie and her team have worked with hundreds of private practice owners, so they are uniquely positioned to be a trusted advisor to clients.
Fun Fact: Julie started her own business to have the flexibility her family needed with small kids. Now she’s proud to offer a flexible and family-friendly workplace to a team of 6!
Why we track KPIs
How we track KPIs & where to start
What KPIs are relevant for private practice?
i. Average fee per session
ii. Average overhead per session
iii. Average length of treatment
iv. Average Cost of Acquisition
v. Utilization rate
vi. Average lifetime Value for a new client
vii. Conversion rate
Resources & Giveaways
A-Z Cheatsheet: The Essentials for Growing Your Dream Practice
Get 5 Days of Financial Tips for Private Practice, budget forms and Success Ratio calculator. Click Here
Guest's Contact Info:
When it comes to keeping your practice organized, you want software that’s not only simple, but the best. We recommend TherapyNotes. Their platform lets you manage notes, claims, scheduling, and more. Plus, they offer amazing, unlimited phone and email support, so when you have a question they are there to help. To get started with the practice management software trusted by over 60,000 professionals go to TherapyNotes.com and start a free trial today. If you enter promo code PPS they will give you two months to try it out for free.
Are you feeling stuck, overwhelmed and frustrated not knowing where to start or how to grow and scale your private practice. You’ve spent years in school and a ton of money getting your degree, but you weren’t taught about the necessary branding, marketing, and entrepreneurial skills needed to be successful in private practice.
We get it, we’ve been there. We are Kate and Katie from The Private Practice Startup. We’ve spent a crazy amount of money and over a decade learning and perfecting a proven marketing strategy that works. Let us teach you the step by step system to help you fill your practice with the clients you love and live the life you’ve always dreamed of. Visit privatepracticestartup.com and look for the e-course tab to learn more and see the amazing results our coachees have been achieving.
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 right) and my business partner aka “BP” Katie Lemieux, LMFT is on the left.
We both built our thriving, 6-figure full-fee private practices from the ground up and love inspiring ambitious mental health professionals across the globe to brand themselves and grow their dream private practice!
We have a blast co-hosting the podcast! We look forward to inspiring you from startup to mastery!