If you are not sure where to start when looking at your practice success, then this is a great little starting point for you. Its not hard, but does require you to sit down in a quiet space and start to think about what are the important things that happen in your practice that will help make it successful, and how will you track the performance of those things over time.

Published in News
Tuesday, 26 April 2016 09:41

Minimising client debt

We all love to believe that all clients will pay on time for our services, but in reality it does not always happen. Outstanding payments can really affect your cashflow, and it often means more admin time organising a way to collect the money. Any practice owner, even sole practitioners, need to develop a system that helps reduce the likelihood of people not paying in the first place, and then a way to collect the debt if that occurs.

Published in News
Monday, 22 February 2016 16:24

Getting comfy with your numbers

Last year I shared how it’s difficult sometimes as an allied health professional as we don’t necessarily learn the financial aspects that are required to run a service, or run a business. Today we continue our learning...

Published in News
Tuesday, 08 December 2015 07:51

Looking at more than the bottom line

It’s difficult as an allied health professional as we learn how to be clinicians and practitioners but we don’t necessarily learn the financial aspects that are required to run a service, or run a business. I am by no means a financial specialist so the information I share here is not financial advice; it is more about presenting things for you to think about, words to know, and questions to ask when talking with your accountant, bookkeeper or financial advisor.

Published in News
Tuesday, 01 December 2015 11:16

Elephant in the room: 5 things we sideline

On the weekend, I flew to Perth in Western Australia to speak to a wonderful group of Speech Pathologists in private practice. We had a great day talking about regulations in healthcare, tips for running a better business, and ways to tweak marketing so we can ensure we offer great value and customer service. It is a wonderful learning experience to get out and talk to other practitioners in healthcare about their thoughts, ideas and concerns in healthcare today. "Busy-ness" is one of the key areas that impacts on one’s ability to running an effective practice – how can you do all those little things that are important when you are so busy seeing clients? Here are the five things that I think we sideline when busy in our day to day business…. Are you forgetting to focus on any of these?

Published in News