42. Interview with Roy Harmon, Fusion Web Clinic

In Episode 42, I speak with Roy Harmon over at Fusion Web Clinic and discuss the ins and outs of a speech therapy private practice.  There many advantages to owning your own private practice, but there are some negatives, too.  All of these aspects are discussed in this interview. Fusion Web Clinic also has a pediatric therapy giveaway for the Speech Therapy Private Practice Startup Podcast Listeners and you can register for that right here.

In this episode:

01:18 – If you do it right, it’s something that can change your life

02:05 – Name that can showcase services in community and that will grow with business

06:58 – You don’t have to have an LLC if you want to see some people on the side

09:25 – Main thing is to create relationships

10:15 – The best person to introduce yourself to any doctor’s or physician’s office is Referrals Clerk

11:45 – When you meet people don’t try to sell it, be yourself

14:58 – Nobody’s going to audit you because you’re not billing out insurance companies

19:46 – I don’t like working for anybody else but myself

24:46 – It’s my responsibility to make sure this thing rolls

27:35 – If you’re not responsible, you’ll be down for the count in a matter of no time

Roy: So, thanks a lot for talking to me I really appreciate it. What I’m really interested in is, we are a Pediatric therapy EMR. So, the people that we serve are Pediatric therapists, whether they’re OTs, SLPs, PTs and we really try to provide them with valuable information that they can use, just really in every aspect of Pediatric therapy. And one of the things that a lot of therapies in general whether they’re pediatric therapies or not is eventually I think a lot of people start thinking maybe I should go out on my own, maybe I’ll start my own clinic. And you are the expert on this so I’m really looking forward to hearing some of the things that you think people need to think about before they get started. And I know that you’ve kind of talked about some things that people need to do before they open the doors. So, to speak could you go into that a little bit?

Kyle: Yeah, Nice to talk to you finally Roy. I know we bounced some emails back and forth and just finally nice to get some time where we both can talk about this stuff. This is I think important information for therapists who really want to start their own Private practice because if you do it and you do it right, it’s something that can change your life and really put you at that next level. But on the other side, if you don’t do it correctly it can destroy your finances. And again, I’m not a doom and gloom, but if you don’t do it right you can wipe you out. I’ve seen people shut their clinics cause health problems. I know of one lady she got really sick and I know a gentleman who just financially bankrupt from it. But starting out, it’s something that you got a plan and you’ve got a plan to do it right. So, I do have some thoughts on that. Yeah.

Roy: Awesome, I guess really the simplest thing is if you’re going to have a business you got to have a name for it, right?

Kyle: Yeah absolutely. And I’ve always said this is just personal preference. I like a name that can showcase my services in my community something that will grow with the business because I think what sets me apart from other people who were in this space. I teach people how to start a real business something that will take care of me, take care of employees, give the government their cut every month and give the state their cut every month. Everybody has something and I teach people how to start real life clinics not part time on t...