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Maybe it’s the tax season talking, but it seems like finances are coming up more and more often in my consulting sessions these days. Specifically, people are very curious about how to allocate money in private practice. How much should I be making? How much should be profit? How much do I save for taxes? How much can I spend on testing materials? Today, I’m tackling some of those questions. Note that the vast majority of this material is drawn from the book Profit First for Therapists, by my friend and colleague Julie Herres.
Cool Things Mentioned
- The Testing Psychologist mastermind groups and business consulting
- Profit First for Therapists book
- Simple Profit for Mental Health Professionals Facebook group
Featured Resource
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About Dr. Jeremy Sharp
I’m a licensed psychologist and Clinical Director at the Colorado Center for Assessment & Counseling, a private practice that I founded in 2009 and have grown to over 20 clinicians. I earned my undergraduate degree in Experimental Psychology from the University of South Carolina before getting my Master’s and PhD in Counseling Psychology from Colorado State University. These days, I specialize in psychological and neuropsychological evaluation with kids and adolescents.
As the host of the Testing Psychologist Podcast, I provide private practice consulting for psychologists and other mental health professionals who want to start or grow psychological testing services in their practices. I live in Fort Collins, Colorado with my wife (also a therapist) and two young kids.
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