Episode Details

Want to make more money in your private practice without adding more clients to your schedule, getting another clinical training, or starting a new marketing project? In this episode, I'll dive into a simple strategy that can boost your income significantly: a $20 fee increase across the board. 

Many therapists fear losing clients over fee hikes, but I'll share why this change is not only feasible but also essential for your financial sustainability. Together, we'll explore how most clients can afford this adjustment and why it's crucial for your private practice's growth. I'll also discuss the importance of calculating your perfect fee to meet your financial goals, from building an emergency fund to preparing for retirement. 

This episode is all about empowering you to make smart business decisions that support not only your wellbeing but your business success too! So tune in and find out how this small change can lead to big results!

Topics covered in this episode:

1. How a $20 fee increase can help you make more money in your private practice.
2. Overcoming the fear of losing clients due to fee hikes.
3. Understanding client spending habits and how they can afford the increase.
4. The importance of financial sustainability in private therapy practices.
5. Calculating your perfect fee and getting clients who will pay it with my signature course - The Fee Formula.

Resources mentioned in this episode:

• Episode
• Enter the 100th Episode Giveaway to win prizes.
• Submit your burning questions to be answered by Felicia in the 100th episode.
• Want the roadmap to making six figures in your therapy business? Learn more about The Fee Formula course today!

Connect with Felicia:

• Get my freebie & join the email list: The Magic Sheets
• Instagram: @the_bad_therapist
• Website: www.thebadtherapist.coach
• Facebook group: Healing Money

Quote:

"The fastest way to make a change in your practice without doing more is simply to raise your fee $20 across the board." - Felicia