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Welcome to The Clinic Boss Show podcast! This show is for Physical Therapy, Chiropractors, Dentists, and Massage therapy clinic owners who want to make more money, impact more people while having more freedom. Learn from Rick Lau, the $83/million dollar a year Physical Therapy and Chiropractic clinic owner. With over 127 successful clinics. Inside each episode, Rick shares his secrets to growing a Physical Therapy and Chiropractic clinic from $0 to $83/million per year. Plus interviews highly successful clinic owners to get them to spill the beans on their secrets to becoming the go-to clinic in their community, getting more patients, treating less while making more, and so much more.
Episodes
Tuesday Nov 19, 2024
How to Get Money to Start Your Practice with Cassandra Tyagi
Tuesday Nov 19, 2024
Tuesday Nov 19, 2024
In this new episode, Rick sits down with Cassandra Tyagi to talk about all things related to accounting and finance for your clinic. They talk about red flags in CRA audits, available funding for startups, and what profession makes the most (chiro, PTs, ND, etc).
Cassandra is the CEO of Tyagi Group Accounting, a firm that works with healthcare practitioners on accounting, finance, and bookkeeping. Tyagi Group has grown to a team of 9, including 5 CPAs, bookkeepers and administrative staff.
In this conversation, Rick and Cassandra discuss topics such as:
- What is a solopreneur? How much do solopreneurs make?
- Which profession makes the most? (i.e Chiro, PT, ND, counsellor)
- How to let go on underperforming staff (including clinicians and front desk)
- Craziest financial disaster Cassandra has seen from bad bookkeeping
- What is a bank reconciliation? Why is it important?
- Profit & Loss Statement vs. Balance Sheet
- What is a tax deductible?
- Red Flags in CRA Audits
- Simplifying Payroll for Contractors or Employees w/ fee splits
- Funding Available for Startup or Buying a Practice
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