> 6 Tips For Establishing A Private Practice

Starting a private practice can be the most exciting, yet most intimidating, step you will take in your career. It helps to have some guidance along the way, and it is critical to get the support you need while making this fabulous leap of faith. Here are a few tips to get you going, and keep you going. #1: Stop putting it off until you are ‘ready’ Once you decide owning your own private practice is what you want, it’s important to be prepared for taking the leap into private practice. Few of us ever really feel ready, but that’s to be expected. Those butterflies in your stomach will keep you on your game; they will keep you excited and wide-eyed. Being excited about your work can help you to become incredibly successful. If you are working for someone else, probably 50 percent to 75 percent of the revenue you generate is left on the table for your employer. You do the math—how much money is it costing you each month that you put off establishing your own private practice? The golden handcuffs of traditional employment (predictable income, benefits, guaranteed clients) can be very comforting for some, but are quite costly for those who want to own their own business. #2: Make it your ‘dream’ practice, right from the start Now that you’ve taken the leap, be sure you customize your practice. Take the time to dream. Where do you want to work? What will your office look like? Which days will you work? How many hours a day will you work? What types of clients will you see?...