126: Mastering Profitability in Group Practices with Carla Titus

How do you ensure your business is financially healthy while also taking care of the people who work with you? In this episode, Linzy Bonham speaks with Carla Titus, a fractional CFO and founder of Wealth and Worth Within, to explore the financial challenges of running a group practice. Linzy and Carla discuss key issues like compensating your team fairly while staying profitable.
Carla shares her insights on understanding profit margins and why having a financial buffer is crucial for stability, especially during unexpected challenges like financial disruptions. Linzy and Carla also offer practical advice on assessing your practice’s profitability and making data-driven decisions to ensure your numbers work for you.
Whether you’re a group practice owner or a solo practitioner, this episode will help you get more comfortable with your finances and build a sustainable business model.
For a full transcript of the episode and much more, check out the blog post on our website! moneynutsandbo...
Connect with Carla
Check out Carla’s site at Wealth & Worth Within. www.wealthworth...
You can follow Carla on Facebook, Instagram, Linkedin and TikTok.
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Want to work with Linzy?
Check out Linzy’s FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you’ll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence.
At the end, you’ll be invited to join Money Skills for Therapists and receive Linzy’s support in getting your finances finally working for you. Find a masterclass time that works for you: register.money...
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