SimplePractice’s Financial Health Quiz
As a private practice owner, you call the shots. You don’t have anyone checking up on how you’re running your business or managing your finances. This can be freeing, but also scary.
Presenting SimplePractice’s Financial Health quiz. Answer these 10 simple questions to find out if your practice is financially healthy—or if you need to make some major improvements to your processes. There’s no shame in recognizing you need to change your monetary habits so you can move closer to your financial goals.
The importance of thinking like an entrepreneur
At SimplePractice, we talk to thousands of customers who are incredibly passionate about helping their clients. They love their job because they see the impact of their work. However, being a small-business owner requires wearing many different hats.
We want clinicians to learn how to be better business owners by recognizing that financial health matters. If you’re burnt out from seeing too many clients at a low rate, you may not be as effective. If you don’t raise your rates consistently, you may not be able to keep up with rising rent and other overhead costs. The financial health of your business always impacts your clinical work.
We want you to benefit from our insights, learn more about running your business, and succeed with your calling.
Remember, the quiz results are just a starting point to help you know where you are today — and find opportunities to improve your financial practices. With SimplePractice, our whole team is rooting for you. We want you to benefit from our insights, learn more about running your business, and succeed with your calling.
Looking for more financial tips?
We’re always creating tools and resources for our community. If you found the Financial Health quiz useful, here are more blog posts you may like:
- Tips to Improve the Financial Health of Your Practice Part 1
Best practices for billing insurance, with statistics from our customers.
- Tips to Improve the Financial Health of Your Practice Part 2
How to collect payments in a timely manner, with statistics from our customers.
- Tips to Improve the Financial Health of Your Practice Part 3
5 ways to sustain and grow your business.