Episode 78: Balance in Your Business with Contingency Planning [featuring Mary Beth Simon]

It can feel stressful and overwhelming for therapists to plan for the future when they're already focused on the business side of their private practices, helping clients, or just getting through the day-to-day life tasks. However, that feeling of stress and overwhelm can result in inaction and not being prepared for emergencies, unexpected life changes, or even death. These aren't things that can be ignored or put off forever, so it's important to have a contingency plan to make it easier for you and those around you to handle the unknown. If you don't have a contingency plan, are wondering how they work, or want to know why you need one, this episode is for you. In this episode, I talk with Mary Beth Simon, owner of Niche Partnership Consulting. Top 3 reasons to listen to the entire episode: Understand the importance of planning for the future and what the true purpose of a contingency plan is. Learn some very simple, quick, secure, and free actions that you can do now to prepare for future emergencies that could impact your business and/or personal life. Understand the importance of security and having a system to handle what the future holds, as well as how you can do that. No one can say for sure what the future holds. For example, when COVID first hit us, many therapists in private practice had to navigate a new way of doing business and learn on the go how to handle a shutdown while still staying financially afloat. This is just one of many things that a contingency plan can help prepare for. Whether you want to make sure that your partner is covered to handle all the legal procedures in the event of your death or you just want to make sure that you can leave for a 2-month vacation at the drop of a hat, a contingency plan is the best way to make that happen using a stress-free and organized approach. More about Mary Beth: Mary Beth guides business owners to create contingency plans that prepare them and their teams for the unexpected or an extended vacation. She is the CEO of Niche Partnership Consulting and speaks at national conferences. She believes continuous learning is the fountain of youth and became a certified Les Mills BodyFlow instructor after retiring from 30+ years at Vanguard. She’s a rescue dog mom and is active in her local business community in her free time. Mary Beth is on a mission to show you how to keep money flowing into your business while you’re away. Get Mary Beth's Course, The Owner’s Freedom Framework, for FREE. Mary Beth's Website: nichepartnershipconsulting.net ------------------------------------------------------- 🎙️ Listen to more episodes of the All Things Private Practice Podcast here: www.allthingspractice.com/all-things-private-practice-podcast 🎙️Spotify: atppod.com/spotify 🎙️Apple Podcasts: atppod.com/apple 🎙️Google Podcasts: atppod.com/google 🗨️ Join the All Things Private Practice FB Community:  www.facebook.com/groups/privatepracticebuilding ---------------------------- Mentioned in this episode: A Thanks to Our Sponsor, Owl Practice! Visit the website for Owl Practice here! A Thanks to Our Sponsor, The Receptionist for iPad! Visit the website for The Receptionist for iPad here!