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Welcome to Thriving Practice - the show for healthcare practice owners who want to grow their practice while taking back their time. Hosted by executive coach and business consultant Tracy Cherpeski, this podcast features exclusive interviews with diverse healthcare business experts and successful practice leaders spanning the globe. Join us for authentic conversations about what it takes to build a successful practice without sacrifice. Our goal is to equip you with the right mindset, strategies and tools to take back your time, grow your practice and elevate your leadership. Subscribe now and then go to ThrivingPracticeCommunity.com to learn more about our modern Community of Practice for ambitious practice leaders who want to do things differently.
Episodes
Wednesday Feb 21, 2024
Practice Ownership Blueprint: Flourish Financially Featuring Carla Titus EP 119
Wednesday Feb 21, 2024
Wednesday Feb 21, 2024
Welcome to another insightful episode of Thriving Practice, where we dive into the crucial world of strategic financial planning with our esteemed guest, Carla Titus. With over a decade and a half of financial expertise, Carla has honed her skills in guiding practice owners to not only survive but thrive in the competitive business landscape. In this episode, we unpack her holistic approach to financial health and the transformative power of aligning money mindset with business operations.
Key Highlights:
- Strategic Financial Planning: Carla discusses the essence of strategic financial planning for business owners. She explains why it’s not just about the numbers, but about the comprehensive strategy that encompasses all aspects of a business.
- Mindset Matters: Learn how understanding and shifting your mindset around money can profoundly influence your business’s financial health. Carla emphasizes the importance of aligning personal values with financial decisions.
- Profit Margin Management: Discover the tactics for managing profit margins that can lead to improved financial health for your business.
- Reframing for Performance: Hear how reframing beliefs to align with company performance is a critical step in ensuring your business’s success.
- Business Health Essentials: Carla breaks down the key components of ensuring business health, including the identification of growth opportunities and the diversification of revenue streams.
- Data-Driven Decisions: We discuss the importance of making intentional, data-driven decisions for sustainable development and how this approach can lead to more impactful results.
- Proactive vs. Reactive: The conversation delves into the significance of proactive financial strategies over reactive ones, and how maintaining control over finances leads to greater freedom.
- Foundational Strength: Learn why establishing a solid business foundation and maintaining accurate bookkeeping are non-negotiable for long-term success.
- Leveraging Expertise: Carla advocates for leveraging professional financial services to enhance decision-making and provides tips on how to choose the right services for your business.
Carla Titus shares her wealth of knowledge, offering practice owners the tools to ensure their business is not just surviving but prospering. Her approach to financial planning is not about restriction but about creating freedom and opportunities for growth through strategic, intentional actions. Tune in to transform the way you think about and manage your business finances.
Resources Mentioned:
- Wealth and Worth Within: Carla’s company that provides financial planning services tailored for practice owners.
- Financial Health Checklist: A downloadable resource from Carla’s website to help listeners evaluate their business’s financial health.
If you’re ready to take control of your business finances and align your financial strategy with your personal values for long-term growth, don’t miss this episode with Carla Titus. Remember to subscribe, share with fellow business owners, and leave us a review!
Carla’s Bio:
Carla is a finance expert with over 15 years of combined corporate
financial planning, analysis, strategy, and online businesses experience. She provides fractional CFO services and financial consulting to business owners looking to grow their business profitably. Her mission is to empower business owners to achieve financial clarity and peace of mind, so that they can get back to what they enjoy.
Find Carla:
Connect With Us:
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