Here's a link to an excellent short article with actual examples of how to earn at least $100,000 from your private practise. From my experience of doing Bookkeeping and financial reporting for Occupational Therapists, Mental Health Social Workers, Psychologists and Counsellors this is a very achievable target with a Profit of between $100,000 - $140,000 a commonly achieved target based on working 4 days a week with a 5th admin day. If you would like some help seeing how that's possible contact me at admin@alliedhealthaccounting.com.au and also have a read of the below linked article which also shows several specific scenarios with a focus on how important your billing rate is
How to earn at least $100,000 profit/take home income in private practise
Updated: 4 days ago