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The Practice of Therapy Podcast (www.practiceoftherapy.com) helps therapists, counselors, and other mental health clinicians start, build and grow in their private practices.  Whether you are just starting into private practice or have been in it a while, The Practice of Therapy Podcast will give you information to help you grow and succeed!

Mar 18, 2024

Carla Titus is a finance expert with over 15 years of combined corporate financial planning, analysis, strategy, and online businesses experience. She provides fractional CFO services and financial consulting to business owners looking to grow their business profitably. Her priorities for her clients are to help them grow profits, have cash in the bank, and pay themselves well so they can build personal wealth.

The journey to financial success in any business requires a solid foundation and forward-thinking strategies. Carla, a seasoned financial advisor, emphasizes the critical role of robust bookkeeping and accounting practices as the cornerstone of this foundation. With expertise honed through years of guiding businesses, she underscores the necessity of having competent professionals on board to ensure financial integrity and develop effective tax strategies. Carla highlights the proactive nature of financial planning, advocating for clear goals and actionable plans. She emphasizes the importance of setting realistic benchmarks, monitoring key performance indicators, and optimizing cost structures to achieve sustainable growth and profitability. Tune in as Carla dives into the intricacies of strategic financial planning, profit optimization, operational efficiency, and clinician compensation; her insights serve as a comprehensive blueprint for navigating the complexities of business finance and securing long-term success.

Resources Mentioned In This Episode: