September 16, 2024

Top Financial Pitfalls to Avoid For Your Dietitian Private Practice

14 minutes

In this episode of the Dietitian Boss podcast, Libby Rothschild, founder of Dietitian Boss and registered dietitian, breaks down the top financial mistakes dietitians make when running a private practice. Whether you’re just starting or already managing your practice, Libby shares key insights to help you avoid financial stress and achieve long-term success. From budgeting to tracking income and categorizing expenses, Libby provides actionable tips to help dietitians set up their practice for financial health and sustainability.

What you’ll learn from this episode:

Create a Budget: Make sure to outline your income and expenses to avoid cash flow problems. I share simple tools like spreadsheets and software options to help you track your finances.

Track Your Metrics: Consistently monitor your income and profit margins to stay informed about your financial health. I'll walk you through the key metrics you need to keep an eye on.

Categorize Your Expenses: Whether it's digital investments, office supplies, or overhead, properly categorizing your spending is essential for staying on top of your budget.

Monthly Review: Set a date with yourself each month to review your budget and adjust as needed. It’s a great habit for tracking progress and ensuring financial stability.

Connect with Libby:

Instagram: @libbyrothschild | @dietitianboss

YouTube: Dietitian Boss

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By Libby Rothschild

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