The Body of Accounting Blog

Behavioral Health

How to Fit in Time for Self-Care as a Wellness Professional

Dear Dangerously in Love with Your Finances, My husband and I recently purchased a medical building to open a psychiatry and therapy services practice in Columbus, OH. My husband is a marriage and family therapist, and I am a child and adolescent psychiatrist. Together, we plan to hire other behavioral

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Behavioral Health

12 Expenses to Know for Your Behavioral Health Business Plan

Dear Dangerously in Love with Your Finances, I am a marriage and family behavioral health therapist in Seattle Washington. After working at a behavioral health group practice for ten years, I decided to take a leap of faith, work for myself, and open my own practice. As a new business

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Behavioral Health

How and Why KPIs are Critical to Your Business’ Success

We can’t be afraid of numbers. They’re all around us and the key to staying and growing iyour organization. Data equals facts, and knowing the truth about our business’ performance is the only way to get ahead.

We are a goal-oriented society, but I want to spend time talking about the part that is often skipped over: the unglamorous details of how you actually hit your financial goals.

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Knowing the Difference Between EMR and Accounting Software
Behavioral Health

Accounting Software and Your EMR: Why They’re Not One in the Same

EMRs do so much and are used for so many critical tasks in patient and practice management for those in the healthcare industry that confusion over their limits is commonplace. It’s software that can do a lot for you, but not everything.

What can’t it do? Your accounting, for one.

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Behavioral Health

The Money Conversation Every Entrepreneur Needs to Have in Their Marriage

Too many people don’t understand the sacrifices, responsibilities, and risks they’re making when they take on a side hustle. It could be a financial disaster very, very fast. Just because it’s a side gig doesn’t mean that you don’t still have to do a lot of the same structure as a real business.

Extra income very literally comes at a cost. That’s not to say that you’re doing anything wrong, but there are tax considerations that you should know about sooner rather than later.

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How to Create Your Business' Financial Goals in 3 Simple Steps
Behavioral Health

How to Create Your Business’ Financial Goals in 3 Simple Steps

We live in an age of online gurus telling us at every turn how simple it is to make six or seven figures. I’m here to tell you that if you’re looking for easy, then business ownership is not for you. That said, having a good grasp of your numbers will help you immensely.

It’s not glamorous, but you need to create a budget. There is a difference between setting a target and creating a plan to achieve it.

You’re in luck, my friend: Here are three steps to get you there.

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How to Read What Summer Tells You About Your Business
Behavioral Health

How to Read What Summer Tells You About Your Business

A critical component of managing your finances is review as well as analysis. Financial review should not for the quarter. As the summer winds down, now is the time for a seasonal review to discover trends about your financial performance this time of year. How did the months of June, July, and August impact your revenue, expenses, and cash flow? It’s essential to review the results while they are fresh.

School’s in session…now is a great time for a summer financial review. Let’s do this.

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4 Ways Entrepreneurs Can Make Space for Self-Care
Behavioral Health

4 Ways Entrepreneurs Can Make Space for Self-Care

You need to find ways to regularly integrate self-care into your life. Manis and pedis are lovely, and you work hard to earn some time to indulge yourself. Unfortunately, though, they aren’t enough to revive, refresh, and reset your well-being.

Here are some steps so that you too can include self-care in your schedule and budget.

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