What percentage to spend on overhead? It depends…

From the "questions we get asked" file... "What percentage of my income should I be spending on overhead?" This is sort of a trick question, because the answer depends on several factors, including: 1. How you define "overhead" Overhead is not a legal term, and the...

Employment arrangements: When 50% is greater than 70%

Recently posted on a mental health clinicians' online forum (reworded here for anonymity): "I've been thinking about going into private practice, and have talked to a couple of practice owners about working for them. One of them will pay me 50% of my receipts, and the...