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In this episode, I break down one of the most common and anxiety-inducing questions I hear: “How much does it actually cost to start a private testing practice?” I walk through the key categories of startup costs—legal setup, clinical readiness, and marketing/admin—and share detailed estimates based on real-world examples. I also highlight hidden or overlooked expenses that can sneak up on you. And if you don’t have $10K–$20K saved up? No problem. I share multiple funding strategies, including 0% APR credit cards, SBA loans, grants, peer lending, and bootstrapping. My goal is to give you clarity and confidence so you can move forward with a smart, grounded plan for launching your practice.







Cool Things Mentioned









* The Testing Psychologist mastermind groups and business consulting







* Beginner Practice Checklist: A step-by-step guide to launching your practice: https://www.thetestingpsychologist.com/wp-content/uploads/2023/12/Beginner-Practice-Checklist.pdf









Digital Scoring Platforms









* Q-interactive (Pearson): https://www.helloq.com







* PARiConnect (PAR): https://www.parinc.com/PARiConnect









Low-Cost Website Platforms







Squarespace: https://www.squarespace.com







Wix: https://www.wix.com







WordPress: https://wordpress.com







DIY Logo & Branding Tools









* Logo.com: https://logo.com







* Canva: https://www.canva.com









Grants for Entrepreneurs









* Amber Grant (for women): https://ambergrantsforwomen.com







* NASE Growth Grants: https://www.nase.org/become-a-member/grants-and-scholarships









Small Business Loans & Credit Lines









* SBA Microloans: https://www.sba.gov/funding-programs/loans/microloans







* BlueVine (business lines of credit): https://www.bluevine.com







* Fundbox (credit lines): https://fundbox.com









Peer-to-Peer Lending Platforms









* Kiva: https://www.kiva.org







* LendingClub: https://www.lendingclub.com









Secure Email & Fax Providers (for HIPAA compliance)









* GSuite + Google Workspace with HIPAA BAA: https://workspace.google.com







* Paubox: https://www.paubox.com







* SRFax: https://www.srfax.com









Featured Resources







I am honored to partner with two AMAZING companies to help improve your testing pr...