Do you know who makes the most money in your business? What is the ROI on your marketing efforts? When looking at exactly how many hours you work per week, what would that bring your hourly rate to?
In this podcast episode, Joe Sanok speaks about the five numbers you have to know in private practice.
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In This Podcast
In this podcast episode, Joe Sanok speaks about the numbers you need to know in private practice so that you can have accurate information of what is happening in your practice, where you need to cut back and what you need to add.
1. Money per clinician
Who is bringing in the most money? Also, look at what the average is per client and sessions per clinicians.
2. Percentage of time that each office is occupied
How many hours per week are you using your office? Also look at no-shows.
3. Cost per client
What are your operational expenses for an average month, taxes
If you’re putting money into ads or billboards, you need to be able to track the ROI and see how much business it has brought in. Also, look at your costs per intake.
5. How many hours do you work per week?
If you look at your working week, how many actual hours are you putting in? This includes checking emails and texts so that you can determine what your hourly rate is based on that.
BONUS: What keywords are you ranking for?
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Meet Joe Sanok
Joe Sanok helps counselors to create thriving practices that are the envy of other counselors. He has helped counselors to grow their businesses by 50-500% and is proud of all the private practice owners that are growing their income, influence, and impact on the world. Click here to explore consulting with Joe.
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