Why Practices Fail

Through our years of consultation with other mental health professionals, we’ve seen highly competent clinicians fail miserably in their private practices because of poor business decisions and procedures. Here are three common mistakes, and how you can avoid them: 1....

What types of insurance do I need?

As an independent mental health practitioner, your insurance needs include: Insurance to protect your professional practice Insurance to protect your business Insurance to protect your income The following summarizes the common types of coverage that clinicians should...

“Do You Want to be a Practice Owner or a Renter?”

I recently conducted a consultation with an Early Career Psychologist regarding the state of her practice and what future route she should take in her career path.  She was a member of a group practice. She was not one of the practice owners, but rather she was an...