Finances (Money, Money, Money) (Module 5 of Business School Bootcamp)
Business School Bootcamp is currently full. This multi-module course will open for new members in the Fall. Click on the link “Enroll in Course” to be put on the waiting list to be one of the first people notified of the new offering. Please feel free to email us or ZynnyMe with any questions.
PLEASE READ: This course is an offsite online program by ZynnyMe. This course is just one module of a multi-module program titled Business School Bootcamp. When you click on the “Enroll in Course” button below you will be redirected to the ZynnyMe site to enroll, pay for, and complete all of the modules in their Business School Bootcamp program. You can then return to this site to complete the exam for each module, pay for your units, and earn your certificate of completion for CE.
Finances (Money, Money, Money) Course Objectives, Description, and Outline
- Identify 3 common money blocks in private practice
- Describe 2 ways that a money block impacts the therapeutic relationship
- Explain 3 key roles in a financial team for a private practice
- Identify 2 systems to organize your finances for private practice
The financial health of your business contributes to your ability to serve your community in a sustainable way. Money blocks can play a role in the therapeutic relationship as well as the ability for a business to remain profitable, keeping their doors open. This module teaches therapists how to manage cash flow and organize their business finances so they sustain the financial needs of their personal life.
- Let’s talk about Finances
- Common money blocks in private practice
- The origin of money blocks
- How to overcome money blocks
- Getting Financially Organized Part 1
- Money decisions to make when starting your private practice
- Cash flow management
- How to manage personal finances on a variable income
- Tips for staying organized
- Getting Financially Organized Part 2
- Cash flow in your private practice
- Building a business budget
- Your master plan and action items
- Tips for success
- Getting Financially Organized Part 3
- How to set financial goals for yourself
- First steps to getting more financially stable
- Next steps to take in your financial plan
- Your Financial Team
- Financial Planner
- Budgeting and Planning
- Tools for bookkeeping
- Tools for budgeting
- Paying Yourself
- Draw and dividends
- How to pay yourself
Instructors: Miranda Palmer, LMFT & Kelly Higdon, LMFT
Miranda Palmer, LMFT, loves helping therapists bridge the gap between what it takes to be a great therapist who gets great clinical outcomes and what it takes to run a successful therapy practice. She has helped thousands of therapists from around the world make the mindset shifts that allow a more effortless application of marketing strategies that grow a private practice that is not just financially sustainable, but also achieve great clinical outcomes.
Kelly Higdon, LMFT, believes that private practice is one of the solutions to increasing access to quality mental health in our communities. Her passion lies in empowering private practice owners to serve at their highest and best, improving clinical outcomes through their business planning and to break the statistic that mental health clinicians are the worst paid Master’s’degree. She has helped thousands through training, education and coaching.
Miranda Palmer, LMFT and Kelly Higdon, LMFT are the creators and presenters of this online course Finances. Having strong finances is another key to success in a successful private practice. Miranda and Kelly break this component of finances down into several areas to help you achieve the best financial plan for your private practice.
Click here to return to Aspira Continuing Education’s Home page of CE/CEUs for Psychologists, MFTs, Social Workers, Professional Counselors, and SUD Counselors
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