Therapy Business Basics 2.0

DAY 1: INTRODUCTION - APRIL 22, 2024 AT 5PM PST

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To start off, we're diving deep into the ins and outs of starting your cash-based solo practice. We'll chat about why keeping it lean is the way to go, sharing some stories from other practice owners.

 

Next up, I'll spill the beans on who this gig is perfect for and the good, bad, and ugly of diving into business ownership. Legal stuff? Yeah, we'll tackle that too - from checking out the practice acts to figuring out what certifications you might need. And hey, we're clearing up some myths along the way and exploring different ways you can set up shop cash-based. 

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✅ Is starting a cash-based solo practice for you?

✅ Modern approach to setting up a business vs. the traditional route (and which is easier)

✅ Different models of cash-based practice

✅ Choosing a location

✅ Naming your business

✅ The legal aspect -- looking into your state practice act, direct access, business structure per state

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DAY 2: ESTABLISH - APRIL 23, 2024 AT 5PM PST

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Next, we're getting down to the nitty-gritty of setting up your therapy business like a pro. First off, we'll tackle the big one - getting your business entity sorted, from picking the right structure to forming that LLC. Then, we'll walk you through the paperwork jungle - how to file, whether you need state or local licenses, and what permits might be on your checklist. Money matters? You bet. We'll cover snagging that EIN from the IRS, setting up your business bank accounts, and finding a payment processor so you can start charging clients. 

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✅ Business structures -- which one is right for you?

✅ Business licensing -- how to figure out what you need

✅ Registered agents

✅ Getting your tax ID number/EIN

✅ Business bank accounts

✅ How to take payment

✅ What should you charge?

✅ How much should you pay yourself?

✅ Getting your NPI number

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DAY 3: PROTECT - APRIL 24, 2024 AT 5PM PST

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Here, we're putting your business armor on and making sure you're covered from all angles. We'll start by talking about professional liability insurance and the details on whether you need general liability insurance, depending on where you're planning to set up shop. Then, we'll dive into some options for insurance providers like HPSO, CM&F, American Professional, and My PT/OT Insurance. And hey, paperwork's part of the deal too - we'll walk you through consent to treat forms with a handy example, and we'll throw in some treatment agreement forms to seal the deal. 

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✅ Signing up for liability insurance

✅ Creating your intake and consent forms

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DAY 4: OPEN - APRIL 25, 2024 AT 5PM PST

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In this final stretch of our course, we're tackling the admin side of your therapy biz like a boss. First up, we'll show you the ropes on setting up Google Workspace to keep all your docs in order, but we'll also explore other handy documentation providers you might wanna check out. Then, we'll dive into the world of Google Drive and Docs, making sure you're a pro at keeping everything organized and accessible. Oh, and don't forget about signing that BAA - we'll walk you through it step by step. Plus, we'll show you an option for a business email and phone number. 

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✅ Softwares available for documentation

✅ Getting set up with Google Workspace

✅ Easiest documentation software and process

✅ Scheduling patients

✅ How to document for private clients

✅ Telehealth options

✅ Deciding on opening day