Clearwater 8/11/2010 9:50:00 PM
News / Business

Do business owners know the real barriers to financial prosperity?

There are many barriers to financial security that private practice owners must known and overcome. P. Christopher Music outlines what some of the barriers are to help private practice owners achieve financial prosperity.

After nearly two decades working in the financial planning industry, P. Christopher Music is devoting his time to helping private practice physical therapists to break down the barriers of financial prosperity.  When it comes to financial planning for a private practice there are a number of factors that work against physical therapists in their attempts to achieve a fiscal advantage.  But the good news is that once private practice owners know about these barriers they are easy to overcome or avoid completely.

The lack of education on the part of physical therapists is one of the barriers of financial prosperity.  P. Christopher Music emphasizes the fact that although physical therapists are very well educated in their profession they must also learn how to run a business.  His philosophy states that even professionals with MBAs would have trouble running a private practice since they are taught only how to work within a corporation instead of running their own operation. So it only stands to reason that physical therapists would experience the same dilemma. “The information is out there and the correct tools exist for physical therapists and it is just a matter of learning them and applying them to their private practice,” says Music.

The other issue is that private practice owners receive a lot of false information on financial planning. 

“There is a sea of information that will tell you to invest in this or plan for that and, the odds are that most of it does not apply to running a private practice and generating the income that is needed to begin a financial planning strategy,” Music explains.  Many financial planners advise private practice owners on how to invest the money that they have but they lack the knowledge of how to run a successful private practice and allocate the money properly to ensure successful investing.

By offering What Every Private Practice Physical Therapist Needs to Know About His or Her Financial Future, P. Christopher Music clearly identifies how to overcome these barriers and leave all of the confusing and false information behind.  As an experienced professional who understands the private practice industry, he offers a lot of practical and valuable advice that is specifically geared toward physical therapists instead of advice that is “in general” and may work and may not.

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. With rampant misinformation and immorality on the subject of money in today’s world, Mr. Music’s system has been described as “easy to understand,” allowing a professional to do what he does best – his profession. Visit www.wealthadvisoryassociates.com