The Ask Juliet & Clinton Show

Askjc 144: Do I need to get a part-time job to improve my private practice cash flow?


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In this episode, Juliet and Clinton answer the following questions: 1) Do I need to get a part-time job to improve my private practice cash flow? 2) How much and where should I invest in marketing my practice? And 3) How much money should I have in my private practice emergency fund?

In this episode we answered the following questions:

1. "I am in the first year of my therapy practice, and I’m not getting as many clients as I want, so I’m struggling financially and my cash flow is up and down. I’m wondering if I should get a part-time job to help ease the stress. How do you know if you’re need to supplement your income?"

2. "How much money should I be spending on marketing my private practice each month, and what is the best way to spend it? I have a limited budget so can’t spend very much, but I do understand that I need to spend some."

3. "I’ve heard you talk about having an emergency fund when you work for yourself. I’ve been in private practice for 8 years, but I’ve never really had any savings or an emergency fund. How does the emergency fund work and how do you work out how much to have in the fund?"

Get the show notes with all the links and resources mentioned in this episode at http://askjulietandclinton.com/144.

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The Ask Juliet & Clinton ShowBy Juliet Austin & Clinton Power