How do you ensure your business is financially healthy while also taking care of the people who work with you? In this episode, Linzy Bonham speaks with Carla Titus, a fractional CFO and founder of Wealth and Worth Within, to explore the financial challenges of running a group practice. Linzy and Carla discuss key issues like compensating your team fairly while staying profitable.

Carla shares her insights on understanding profit margins and why having a financial buffer is crucial for stability, especially during unexpected challenges like financial disruptions. Linzy and Carla also offer practical advice on assessing your practice’s profitability and making data-driven decisions to ensure your numbers work for you.

Whether you’re a group practice owner or a solo practitioner, this episode will help you get more comfortable with your finances and build a sustainable business model.

For a full transcript of the episode and much more, check out the blog post on our website!  https://moneynutsandbolts.com/?p=15549

To watch a video version of this, check it out on YouTube: https://youtu.be/wboGgsAX52M 

Connect with Carla

Check out Carla’s site at  Wealth & Worth Within.

You can follow Carla on Facebook, Instagram, Linkedin and TikTok.

Mentioned in this episode:

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