Many private practice owners try to go about running their business without a specific system in place for maximizing their income. Perhaps it is because they have yet to find a system that will help them to grow their practice. P. Christopher Music, author of What Every Private Practice Physical Therapist Needs to Know About His or Her Financial Future, notes that there are correct ways to run a private practice which are carefully planned, proven, standard, and they work every time. If physical therapists have not found a system for these methods, What Every Private Practice Physical Therapist Needs to Know About His or Her Financial Future teaches the correct ways to handle a private practice so physical therapists can efficiently plan their income.
Incoming planning for a private practice involves three critical areas. The first area involves the ability to market a private practice to encourage patient loyalty and longevity. According to P. Christopher Music there are specific ways to go about marketing a private practice which he outlines in What Every Private Practice Physical Therapist Needs to Know About His or Her Financial Future. The methods he teaches help physical therapists to improve private practice marketing and sales which in turn improves income.
Secondly, private practice physical therapists must plan for the future and the expansion of the practice. What Every Private Practice Physical Therapist Needs to Know About His or Her Financial Future talks about how private practice professionals can plan when it comes time to move on to doing something else for the future. Instead of taking time and converting it into money, private practice professionals can learn how to take their money and convert it into time.
Finally, P. Christopher Music highlights the fact that private practice owners must have policies and procedures in place for spending money once it has been made. The Prosperity Index focuses on how to formulate policies for the income that is generated from a private practice so the entire amount does not get spent which results in placing physical therapists farther away from their financial goals.
What Every Private Practice Physical Therapist Needs to Know About His or Her Financial Future is a new tool that represents a unique breakthrough in money management and financial planning for the private practice professional. It’s an innovation that is specifically designed to help physical therapists achieve financial prosperity.
About P. Christopher Music:
After 18-plus years of being a financial planner, P. Christopher Music decided there had to be a better way. Witnessing financial debacles of big industry and government-driven economies caused Christopher to take action, developing an instrument that measures the success of any financial plan. The Financial Prosperity IndexTM (FPI) is the back bone of Music’s firm, Wealth Advisory Associates (WAA). WAA is a financial planning firm focused on helping private-practice physical therapists understand and implement the most effective strategies to achieving financial success and security. Visit www.wealthadvisoryassociates.com
