advantages of using external consultants

Why Health Professionals Work So Hard and What to Do About It

At a recent live event I was speaking to a health business owner about their current working week.

On analysis – this owner was treating patients for over 50 hours a week in his clinic – PLUS managing his 5 therapists and 2 admin team members.

Any wonder he was feeling burnt out and ready to walk away from his business.

I asked him about his knowledge of the current business performance – with specific regard to his P and L – at which time I was non surprised by his answers.

Like many health business owners – he had very little knowledge of the current profitability of his business – other than what his accountant gives him once a year as part of his end of year tax returns.

This lack of P and L information is exactly why many health business owners are doing so many hours each week seeing clients – and as a result – neglecting the marketing, team training, recruitment and other aspects of the business.

Most owners are tied to the “consulting equals income” mentality – and cannot for the life of them – understand that their business could be even more profitable – if they reduced their consulting hours – and focused more on marketing, recruitment, team training and system development.

Bottom line – you MUST know your P and L each and every month – so you are able to make smart decisions regarding how many hours each month you spend actually treating patients.

From my experience – the most successful owners do very little consulting each week with patients – they know the most important use of their valuable time is not treating patients – but developing systems and working ON the business – not IN the business.

At my UK Business Freedom Blueprint events in London and Manchester this weekend – I will show you exactly how to measure your P and L – accurately – so you know how much consulting you need to be doing in your practice each and every week.

I will also show you why the P and L reports you get from your accountant – are largely worthless to the average health business owner.

Hope to see you at the London and Manchester events THIS weekend.

Click on the link below to find out more and use the code BONUS to save an extra 20% off the registration rate.

Good luck in your health business.