Hiring an Associate
Hi, this is Dave Kats with Therapist Consultants and I have a tip for you.
One of the things you could do to improve your income, and also to help patients, is to hire an associate. Now there's a myriad of ways to hire an associate. The easiest way is just to let somebody use your office and charge them so much per visit. If they reserve a space, you charge them $15 or $20 and they use your room, and that's done. That's the only thing you do to hire an associate. Another way to do it is to hire an associate and charge them a percentage of what they bring in. They can use your space and if they collect $6,000, you may get 30% of that as your income for letting them use your space. A third way that you can work with an associate is let them rent your room on a percentage-basis full time. A fourth way is to let them rent your room at a flat rate, maybe at $300 a month. I have one therapist that has just a single-room office. She works Monday through Thursday days. She rents out her...
