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231. How to Financially Prepare for Your Next Hire with Carla Titus

231. How to Financially Prepare for Your Next Hire with Carla Titus

Episode 231 Published 2 months, 1 week ago
Description

Before you post that job listing, you need a plan to financially prepare for your next hire, and that's exactly what today's guest walks us through. Carla Titus is a CFO who works with therapy practices of all sizes, and she breaks down why so many owners jump into hiring before they've actually looked at the numbers.

In this episode of The Traveling Therapist Podcast, Carla and I dig into what it actually costs to bring on a new clinician, from the ramp-up period to tracking performance once they're on your team. If you've ever hired someone and then panicked three months later wondering where the money went, this one is for you.

In This Episode, We Explore…

  • Why the ramp-up period costs more than most owners plan for.
  • What cash runway actually means before you bring on a new hire.
  • How to track a remote clinician's performance without living in the dashboard.
  • What to do when a clinician isn't hitting their numbers.
  • How to know when it's time to cut an underperforming vendor or team member.

Connect with Carla Titus:
Website: https://www.wealthworthwithin.com/
LinkedIn: https://www.linkedin.com/company/wealthworthwithin/
Instagram: https://www.instagram.com/wealthworthwithin/
Facebook: https://www.facebook.com/wealthworthwithin
YouTube: https://www.youtube.com/@wealthandworthwithin
Podcast: https://podcasts.apple.com/us/podcast/ceo-financial-clarity-corner-podcast-money-strategy/id1818238749 

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