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So you want to have your own practice.
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Our Price: $149.99
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Thinking about starting your own practice? Thinking about buying a practice? Are you ready? Lets spend an hour talking about what questions to ask yourself before taking the plunge.
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Bundling! When to bundle and why, and when not to bundle and why.
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Our Price: $295.00
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To bundle or not to bundle, that is the question. Your bundling decision, and your implementation of that decision, can make or break your practice. I It always will have a great impact on which people you serve and how profitable your practice is. In this session Rick will discuss with you the marketing, business, professional, and customer service reasons that should be impacting your bundling decisions. Rick will answer your questions about your bundling options and help you think through your choices so you aren't just "doing what others are doing" but bundling to meet the needs of your target market. This Coaching Service is delivered by phone at a mutually agreed upon time. Typically afternoon or early evening EST. You can provide a list of questions in advance by e-mail or fax or you can ask them directly. Expect it to require about an hour of your time on the phone.
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Employee Motivation and Incentive Plans
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Our Price: $295.00
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If you want your employees to be the best they can be you need to motivate them! Rick will reveal how to match employees to tasks and positions and how compensate and motivate them so they will want to be the best they can be and become more valuable to you as you seek to serve your patients. This Coaching Service is delivered by phone at a mutually agreed upon time. Typically afternoon or early evening EST. You can provide a list of questions in advance by e-mail or fax or you can ask them directly. Expect it to require about an hour of your time on the phone.
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Audiology Practice Valuation
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Our Price: $495.00
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What is your practice worth? Rick will review with you the 4 most common practice valuation methods and apply them to your practice with you. Obviously a practice is worth whatever a willing and able buyer will pay, so there is no promise of your being able to actually sell your practice for any given price. However Rick is neither a buyer or seller of practices but an observer so he won't be trying to inflate, or deflate, the value for another purpose. This is worthwhile even if you are just using it for internal score-keeping purposes. You know what the value of your stocks are, but what is the value of your business? If asked Rick will also make suggestions to you on what buyers are looking for and how you can improve the value of your practice in the event you do wish to sell. This price is for practices of 1-5 practitioners. Larger practices are priced individually.
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Marketing Message Evaluation
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Our Price: $595.00
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What makes you special? Why would I choose your business? If you don’t know then your marketing isn’t as effective or efficient as it could be. We will review your current marketing materials and evaluate the message and it’s presentation. We will also cover your value message and key points of differentiation and how they are critical to your marketing success.
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Audiology Practice Business Benchmarking
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Our Price: $695.00
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If you have ever wondered how your practice measures up then this is for you. Rick will compare your business with practices of similar characteristics to see if you are doing relatively well or poorly. Cost per new patient, cost per Instrument sold, and overhead per provider, will be covered as well as profits per instrument, per provider, and profits in relation to gross sales. We can also cover business numbers like return on the value of your practice and how much you are paying your professional staff in relation to their productivity.
We can compare almost any metric you are interested in provided you have good numbers for your practice, or we can calculate them.
If you ask Rick will also compare your practice to the “Ideal Practice” an imaginary practice he uses for coaching purposes.
Rick will also provide you with suggestions on where you can most easily improve, and how to improve your scorekeeping.
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Business Planning
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Business Plan Creation: Coaching Service: Covers the creation of your business plan for your Audiology Practice. You will finish with a draft of your working business plan. A working plan is one you actually use to improve your business outcomes, as opposed to the SBA type plans normally offered that are designed to acquire financing but often unused after financing is acquired. You will receive a blank document with the areas to complete. Then we will work together to fill in the plan specifically to fit you, your situation, and your business. Rick will be avail by phone, fax, and e-mail, to walk you through each section. This is your plan created by you with Rick's assistance, teaching, help, and coaching support. You determine the timeline for completion, it depends upon how fast you want to work and how much you already have completed as opposed to how much will need thought and research. This is for existing businesses and startups. Typically it takes 2-3 months to complete your plan.
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