One of the most common questions group practice owners ask is, "What should I pay my therapists?" Many immediately look to "the going rate" in their area, assuming that if they match or slightly exceed the average, they’ll be competitive in hiring. While understanding market rates is helpful, it’s only one piece of the puzzle—and focusing on it alone can lead to financial strain, unsustainable growth, and even the eventual failure of the practice.

As a mental health therapist, managing your practice's finances can be overwhelming, especially when it comes to taxes, bookkeeping, and other financial obligations. A CPA can be an invaluable resource, helping you navigate these challenges. But finding the right CPA for your business needs is crucial. This articles discusses how you can ensure you choose wisely, along with key questions to ask during your search.

So, you’ve worked hard in your graduate program and now getting ready to find your first real job in mental health field? As you prepare to embark on your career path, it's natural to consider various avenues, with many counseling students contemplating roles in private practices. This article aims to provide invaluable insights for those navigating this transition.

Are you thinking about starting your own wellness practice but feel overwhelmed by the thought of having to write a business plan? Did you, like me, take that ONE course in grad school on how to run your business and had it beaten into your head that unless you write a thorough business plan your chances of becoming a successful business owner are next to zero?