Episode Details

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We’re talking about money again, everyone! My guest today, Carla Titus, has nearly 20 years of experience as a financial professional and CFO that she brings to the discussion. While we chat about some of the basics of financial management in a practice, we spend most of our time talking about compensation and profit sharing. Carla is a dynamic individual with a ton of knowledge in this area, so you’re guaranteed to learn something useful during this episode. Here are a few topics that we discuss:

• Common profit percentages for different types and sizes of practice
• How to back out of a compensation structure where you’re paying people too much
• How to actually implement profit sharing
• “Level up” strategies for practices with healthy financials

Cool Things Mentioned

• The Testing Psychologist mastermind groups and business consulting
• Sign up for the Wealth & Worth Within Newsletter.

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About Carla Titus

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