Stephen Covey’s “The 7 Habits of Highly Effective People” has been a beacon of guidance for individuals striving to achieve personal and professional excellence. These habits are not just principles; they are actionable steps that can lead you to success. In this blog, we’ll explore each of the seven habits with practical examples to illustrate how…

In the ever-evolving world of business, success hinges on numerous factors, from aligning your team with a common mission to implementing effective performance appraisal processes. The “Great Resignation” has brought to light the importance of employee engagement and the need for businesses to adapt to this new normal. Let’s explore how aligning your team and…

Starting a mental health practice is a significant endeavor that can be both professionally and personally fulfilling. While many mental health professionals choose to go it alone, forming a partnership can be an excellent option that offers unique advantages. However, like any venture, there are important considerations, advantages, and potential pitfalls to keep in mind…

Profitability – it’s the end goal for most business owners, the key marker of success. Yet, in traditional accounting practices, profit often gets sidelined, treated as the remainder after all expenses have been taken care of. This is where Profit First Accounting, an innovative financial management system, comes into play. Unraveling Profit First Accounting The…

Running a mental health private practice is no different from running any other business. And just like any business, it’s crucial to maintain accurate accounting records. Sadly, many mental health practitioners tend to make common accounting mistakes that can hurt their business. These slip-ups may be common, but they can be costly. So it’s vital…

When it comes to finding a CPA for therapists, it’s crucial to have someone who understands the ins and outs of your unique accounting needs. Accurate accounting practices and staying on top of industry-specific regulations are very important for your therapy practice’s success.  As a therapist, you’ve got specific financial considerations like industry-specific regulations, tax…