Do You Have a Healthy Practice?

So how do you know if you have a healthy practice? Well, the first and most important way to know is that the business generates enough profit that you are able to pay yourself a wage that is reasonable for your position in the business. This may not be true if it’s a new business but a healthy, established business should generate enough profit to be able to pay the principle provider $100,000 or more. If you are an established practice and the principle provider of services and you aren’t able to pay yourself a reasonable wage …

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