Free resource for therapists
Should you hire another clinician?
Let the numbers answer first.
Before you take on another salary, find out whether the hire is likely to strengthen your practice or put pressure on cash flow.
This guide helps you determine whether your next hire is:
● Safe to hire
● Proceed with caution
● High risk
Before you take on another salary, find out whether the hire is likely to strengthen your practice or put pressure on cash flow.
This guide helps you determine whether your next hire is:
● Safe to hire ● Proceed with caution ● High risk
Most owners don't regret hiring.
They regret hiring at the wrong time.
And here's the part that catches people off guard: your revenue can climb while your take-home pay drops. We've watched practices grow from $600K to $900K and the owner brought home less than before. Bigger practice, bigger payroll, more complexity, thinner margins.
Hiring doesn't fix your numbers. It amplifies them.
So when you go in without knowing your fully loaded costs, your real ramp-up time, and what you can pay yourself through it, you're guessing on a decision that shapes your income for years. This guide gives you a framework for evaluating the decision using your own numbers.
What You'll Learn
What a clinician really costs once payroll taxes, software, billing, and support are included.
How much revenue a clinician is likely to generate using realistic attendance rates.
How long it typically takes for a new hire to become profitable.
How to evaluate a hire using our 4-part hiring decision framework.
A simple pre-hire checklist to help you avoid costly mistakes.
The goal isn't to avoid hiring.
Why listen to us?
We do bookkeeping for group therapy practices, and only group therapy practices. As practices grow, financial decisions become more complex. Hiring another clinician is one of the biggest.
But clean books are table stakes. What owners come to us for is the conversation: what the numbers mean, what to do next, and how to make big calls like this one without second-guessing for months.
That's the whole idea behind this guide. Clarity first, then confidence, then a decision you can stand behind.
Before you commit to another salary, know where you stand.
This guide helps you determine whether your next hire is:
● Safe to hire ● Proceed with caution ● High risk
Before you commit to another salary, know where you stand.
This guide helps you determine whether your next hire is:
● Safe to hire
● Proceed with caution
● High risk