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How do you ensure your business is financially healthy while also taking care of the people who work with you? In this episode, Linzy Bonham speaks with Carla Titus, a fractional CFO and founder of Wealth and Worth Within, to explore the financial challenges of running a group practice. Linzy and Carla discuss key issues like compensating your team fairly while staying profitable.
Carla shares her insights on understanding profit margins and why having a financial buffer is crucial for stability, especially during unexpected challenges like financial disruptions. Linzy and Carla also offer practical advice on assessing your practice’s profitability and making data-driven decisions to ensure your numbers work for you.
Whether you’re a group practice owner or a solo practitioner, this episode will help you get more comfortable with your finances and build a sustainable business model.
For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15549
To watch a video version of this, check it out on YouTube: https://youtu.be/wboGgsAX52M
Connect with Carla
Check out Carla’s site at Wealth & Worth Within.
You can follow Carla on Facebook, Instagram, Linkedin and TikTok.
Mentioned in this episode:
Check Out Relay for Business Banking
Skip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform.
Sign Up for Relay
Want to work with Linzy?
Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you.
Register for Linzy's Free Masterclass
5
7777 ratings
How do you ensure your business is financially healthy while also taking care of the people who work with you? In this episode, Linzy Bonham speaks with Carla Titus, a fractional CFO and founder of Wealth and Worth Within, to explore the financial challenges of running a group practice. Linzy and Carla discuss key issues like compensating your team fairly while staying profitable.
Carla shares her insights on understanding profit margins and why having a financial buffer is crucial for stability, especially during unexpected challenges like financial disruptions. Linzy and Carla also offer practical advice on assessing your practice’s profitability and making data-driven decisions to ensure your numbers work for you.
Whether you’re a group practice owner or a solo practitioner, this episode will help you get more comfortable with your finances and build a sustainable business model.
For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15549
To watch a video version of this, check it out on YouTube: https://youtu.be/wboGgsAX52M
Connect with Carla
Check out Carla’s site at Wealth & Worth Within.
You can follow Carla on Facebook, Instagram, Linkedin and TikTok.
Mentioned in this episode:
Check Out Relay for Business Banking
Skip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform.
Sign Up for Relay
Want to work with Linzy?
Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you.
Register for Linzy's Free Masterclass
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