Shorting Yourself is Shorting Your Practice

You’re funneling revenue into salaries, new equipment, and facility upgrades.

You find your own salary is taking a hit.

You need to pay yourself what you’re worth.

I know you might rationalize your pay cut as taking one for the team or prioritizing improved care.

But I’ve worked with enough practice to know cutting your own salary isn’t a selfless act.

It’s a sign of poor profits.

If you’re not paying yourself what you’re worth, it’s time to rethink how you’re structuring your revenue.

Start by charging a fair, competitive price for every service.

Review your pricing structure and identify where you might be undervaluing your services.

When you increase your rates fairly and competitively, you can:

• Ensure you cover the cost of living increases in salaries.

• Continue upgrading your practice to deliver exceptional care.

• Reward your staff and yourself with a salary that matches your worth.

If you’re lost on how to get your rates up to par, use my template for incremental fee increases.

So you can ensure your profits can pay for everything, including your own worth.