The Private Practice Success Podcast
In Episode 71, Gerda breaks down two financial concepts that practice owners often confuse, and how that misunderstanding can quietly sabotage your pricing, team pay decisions, and long-term sustainability. She unpacks the difference between “Contributions to OPEX” and “Profit” and why knowing the distinction can transform the way you run your business, especially in the current economic climate. In this Episode, you will learn: * The difference between “Contributions to OPEX” and “Profit” * Common misconceptions around what actually happens to practice Revenue. * A simple framework for understanding the flow of money within your practice. Who This Episode Is For: * Group practice owners who feel like there’s never enough money left, even when revenue looks “good.” * Anyone who wants to run an ethical and sustainable business, without just hoping that the bank balance will work out come next payday. This is one of those foundational episodes that will make you think differently about every dollar coming into your practice, and help you build a business you can’t stop smiling about. The 2-Day In-Person 2026 Private Practice Business Intensive For all the details or to get your ticket CLICK HERE. [https://privatepractice.kartra.com/page/intensive2026] Want Gerda's Help with your Business? Gerda helps allied health group practice owners go from overwhelmed, overworked, and underpaid to fully empowered and financially thriving. If this is you, then make today the day you reach out. Complete this super short Triage Form here bit.ly/triageformpps [https://bit.ly/triageformpps] and Gerda will personally reach out to you. Here to help you build a practice you can't stop smiling about :) Connect with Private Practice Success & Gerda here: * Would you like Gerda's help in growing your practice? Step 1 is to complete this short form HERE [https://form.typeform.com/to/E22zBap8]. Gerda will personally go through your answers and will respond asap. * Follow the Private Practice Success Facebook Page [https://www.facebook.com/PrivatePracticeSuccess/] * Follow Gerda on Instagram [https://www.instagram.com/gerda_muller/] * Connect with Gerda on LinkedIN [https://www.linkedin.com/in/gerdamuller/] * Join the Private Practice Success Facebook Group [https://www.facebook.com/groups/PrivatePracticeSuccess] - exclusive to practice owners. * Email Gerda directly at gerdam@private-practice-success.com * Order your hard copy of Gerda's book, The 7-Figure Practice HERE [https://bit.ly/GerdaPPSBook]. * Ready to work with Gerda? Send in your details HERE [https://form.typeform.com/to/E22zBap8] and she will be in touch.
73 episodios
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