If money stress has ever made you question whether private pay is sustainable, this one’s for you.
I sat down with Coach Carolyn and Coach Hannah from GreenOak Accounting—a firm that works exclusively with therapists—to talk about the Profit First system and how it can create real financial clarity for private practice owners.
In this interview, we cover:
✅ The difference between traditional budgeting and Profit First
✅ Why separating your accounts actually simplifies things
✅ How to prepare for taxes (without panic)
✅ Real-life wins from clinicians using this method
✅ What to do today if you want to start building profit
We also discussed the book Profit First for Therapists by Julie Herres, and how GreenOak’s Profit First Academy gives therapists step-by-step guidance and support.
🎥 Watch the full interview here!
Meet Coach Carolyn
With 4.5 years of accounting experience and deep expertise in the Profit First method, Carolyn is a cornerstone of our coaching team. She's known for her patience, thoroughness, and ability to translate "accountant-speak" into language a normal human can actually understand. Coming from a background in education, Carolyn is passionate about empowering clients to understand their finances and feel confident about their business decisions.
Meet Coach Hannah
Coach Hannah graduated from Louisiana State University of Shreveport with a degree in accounting and is currently working toward her MBA in Finance and Accounting — all with the ultimate goal of becoming a CPA. With about a year of experience as a Profit First coach, Hannah brings a fresh and enthusiastic perspective to helping practice owners create financial clarity and profitability. She’s committed to helping our clients not just manage their numbers, but truly understand and leverage them for long-term success.
About
Profit First for TherapistsIn Profit First for Therapists, Julie Herres provides a simple, therapist-specific framework to create a consistently profitable private practice. Drawing on her extensive experience working with hundreds of practice owners, Julie tailors the Profit First method to address the unique financial challenges therapists face, all while acknowledging the emotional side of money management. This essential guide helps practice owners gain financial confidence, stability, and freedom.
About GreenOak Accounting
GreenOak Accounting is the premier accounting firm dedicated exclusively to private practice owners in the mental health field. Led by Julie Herres, GreenOak provides bookkeeping, accounting, and advisory services tailored to the unique needs of therapy practices. With deep industry knowledge and a heart for helpers, the GreenOak team, which Carolyn and Hannah are apart of, empowers practice owners to build profitable, sustainable businesses that support both their personal and professional goals.
Profit First for Therapists Book: https://a.co/d/0rRPzIT
https://www.greenoakaccounting.com/
https://www.profitfirstfortherapists.com/academy
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