How to Increase Your Private Practice Revenue Every Year [Ep 77]

Are you ready to boost your bank balance and see your therapy practice thrive? Tune in to discover how you can increase your private practice revenue every year despite the sneaky effects of inflation! In today's episode, I'll guide you through the top reasons why boosting your income isn't just a luxury (it's a necessity for keeping up with the ever-rising cost of living) and understanding the impact inflation has on your private practice. Together, we'll dive into practical strategies for setting appropriate fees that not only reflect your value but also ensure your financial health and help you plan for the future. Then we'll explore how to communicate fee increases to clients in a way that's clear, fair, and maintains trust. Plus, I'll share my personal favorite way to celebrate my worth: giving myself a raise on my birthday! Tune in now and take control of your income with confidence.Topics covered in this episode:Why the value of a dollar matters and what it means for your practiceBreaking free from undercharging as a therapist and valuing your servicesStrategies for increasing your private practice revenue every yearSetting the right fee increase amount for your private practice's growthCommunicating fee changes without causing client discomfortThe significance of financial security for therapists' service qualityConnect with Felicia:Instagram: @the_bad_therapistWebsite: www.thebadtherapist.coachFacebook group: Healing MoneyResources from this episode:Get my freebie & join the email list: The Magic SheetsWe Should All Be Millionaires by Rachel RodgersQuote:"You are providing a professional service to people and you have to do that in a way that actually supports you financially." - FeliciaMentioned in this episode:Doors to Scalable Offers for Therapists open on 21st October!Ready to turn your best idea into a profitable, effective offer? Scalable Offers for Therapists, my 8-week incubator and mastermind dedicated to helping you create a scaleable offer for your therapy or coaching business is open for enrollment. Over eight weeks, you'll learn the six core elements of launching, creating and delivering your scalable offer, whether that's an evergreen download, a real time group offering, a membership program or whatever else you have in mind. Spots are limited! Enroll today >> https://www.thebadtherapist.coach/scalable-offers-for-therapists