Best Practices for Financial Health and Retirement Planning for Self-Employed Mental Health and Wellness Professionals
Enhance your financial health and secure your future by joining our in-person event on September 13, 2024, from 10:15 am to 11:45 am at Fantes Coffeehouse in Louisville, KY. This event, designed for self-employed mental health and wellness professionals, features expert guidance from Nick Whitmer, CFP®. Learn about retirement planning and money management strategies tailored to your unique needs. Network with fellow professionals and invest in your financial stability for just $10 plus processing fees.
Are you a self-employed mental health or wellness professional seeking to enhance your financial health and secure your future? Join us for an exclusive, in-person learning event tailored to your unique needs. Gain valuable insights into retirement planning and effective money management strategies to ensure the longevity and sustainability of your business.
Event Details:
Date: Friday, September 13, 2024
Time: 10:15 am - 11:45 am
Location: Back room at Fantes Coffeehouse - 2501 Grinstead Dr, Louisville, KY 40206 (drinks and snacks available for purchase)
Fee: $10 + processing fees per person (registration prior to event required as space is limited) REGISTER NOW
Highlights:
Expert Guidance: Learn from an experienced financial advisor who will share their educational knowledge and expertise.
Retirement Planning: Discover the best options and strategies for saving for retirement tailored to the unique needs of self-employed professionals.
Money Management: Gain practical tips on managing your finances to ensure the growth and sustainability of your practice.
Future Preparedness: Understand how to set yourself up for a secure and prosperous future while maintaining a successful business.
Networking: This event is not only designed to empower you with the knowledge and tools you need to achieve financial stability and plan for a secure future but also to provide a networking opportunity to meet other mental wellness professionals in Louisville, KY.
Who Should Attend:
Self-employed mental health therapists
Self-employed wellness professionals (coaches, hypnotherapists, nutritionists, etc.)
Speaker Details:
Our speaker for this event will be Nick Whitmer, CFP® (Certified Financial Planner). Nick has dedicated 12 years to the financial services industry, with most of those years spent as a senior financial advisor at one of the largest financial planning and advisory firms in Kentucky. Recently, Nick transitioned from a salaried role to building his own client relationships as an independent financial planner with Guidance Capital. He and his wife, Anna, live in Louisville with their baby daughter, Ellis, and their circus of pets. Nick is passionate about helping individuals and families align their money with their values and goals, making him an ideal guide for this informative session.
Register Today:
Don’t miss this opportunity to invest in your professional and personal financial health. Secure your spot by registering today. Spaces are limited. Register here.
For more information, please contact Shannon at shannon@bmindfullouisville.com.
Please note: No CEU credits will be provided for attending this event.
Why some human helpers are ditching their office and going digital
If you have realized that working online is for you and it really fills you up and your clients enjoy it - ditching your physical office space may be your next move. We know it can be scary - but we are here to support you during this transition. We believe in empowering each clinician to find the business practices that work best for them and then assisting them in reaching those goals.
Working online as a mental wellness provider has always been an option - but before COVID not a lot of professionals were taking advantage of this delivery option for their practices. Maybe they were nervous about making the transition, just did not want to add one more thing to their plate, did not think their clients would take to it, insurance was not paying for those services, etc.
But with 2020s happenings - we were all forced to go online during the initial lock down if we wanted to keep our doors open. After the initial shock, SO many providers found out that online work really isnt that bad, is just as effective and some even found out it is their preferred delivery method for services. Some decided that they will never return to in person sessions or services and others taking more of a hybrid approach and providing some in person and some online.
Cheaper
By not having to pay for a physical office space location - you are cutting your overhead costs drastically. For so many practices, the rent they pay each month is about 40% of their expenses if not more. Imagine what you could do with all that extra money you are saving by not having a full time office space.
Help More People
By going online you can serve a much wider audience then just those who are able to drive to your office location.
Ease
Some people find working from home a lot easier than going into an office everyday. Specially with COVID-19 and the health concerns surround that - it can just bring a peace of mind to you knowing that you don’t have to make the commute to the office everyday.
More Freedom
Dependent on your licensure and business set up this may vary - but for the majority of us - working online is going to provide us with a lot more freedom in our day to day to get household chores done, grab lunch with a pal, pick our children up from school, etc.
There are a lot more reasons why people choose to work solely from online like mentioned above. But there are also some barriers that keep health and wellness professionals from making this change in their practice.
If on insurance panels - we need a physical office address and not a PO Box…
We are concerned about isolation and spending our days only talking to our clients alone in our home offices…
We fear that people will not want to see us as providers if we only offer online…
and we want support building our businesses and do not feel like we can get this without having in person colleagues.
Working online is not going to be for everyone. For some this time of pretty much being forced to offer online services has really shown them that they love, need and crave in person interactions with people and cannot wait to stop offering online sessions. For these individuals, looking into a shared workspace may be the best fit for you. This will provide you with a furnished, safe, and secure office space to see your clients in all while still getting the flexibility you may want by not being locked into a long term office rental lease. If you gave up your office but really wanting to get back into a full term all yours type of office space, reach out to other professionals and see if they have any openings in their offices, check your local list servces or therapist FB groups or even craigslist.
Check out our offerings and membership options today! If you are in the Louisville area, we may be a good fit for you and your growing practice :) and if you are in KY and needing a virtual office address for your telehealth business you can get all of this and more with b.mindful Louisville virtual membership for those human helping professionals in the state of KY.
If you are having a hard time figuring out where to start in finding a community for yourself in private practice- start with us! We have a community membership designed for those mental wellness helping professionals in private practice who are seeking community, networking opportunities, and support.
If you are looking for more then community - we also have you covered! We have virtual and tenant membership options as well and also offer live and recorded workshops to support those getting into business for themselves.
We have created a safe, fun, easy way for you to connect with other like minded individuals and get the support you need to have a thriving practice. Learn more.
Isolation and Telemental Health Counseling
For mental health and wellness work the ethics and confidentiality dynamics get in the way of allowing us to do a lot of our work from a traditional co working space or coffee shop. Also the heavy stories and things we hear all day is really a recipe for burn out, isolation and loneliness . If left to its own devices - and if not met straight on with intentionality and self care it can be disastrous.
Small business owners and individuals who work predominantly online - usually love all the perks and benefits that come with being a digital nomad, but what they might not be fully aware of or share about is how lonely they are during their workdays.
Digital work for most industries is “all” positives - we know this is not really true - but it sure feels like it when you talk to your friends who are in finance, marketing, etc. They get to engage when they want and turn their cameras off in meetings if they are not feeling up to it. They get to do their laundry during down time or while on a phone call, get to go for lunch with pals and talk about their work stresses and debrief before going back for the remainder of the day, etc.
But for mental health and wellness work the ethics and confidentiality dynamics get in the way of allowing us to do a lot of the above. Also the heavy stories and things we hear all day is really a recipe for burn out, isolation and loneliness. If left to its own devices - and if not met straight on with intentionality and self care it could be disastrous.
Because of the confidentiality mandates and HIPAA requirements that more mental health therapists and other wellness professionals abide by - if you are doing your work online from your home office - providers are typically only talking to their clients all day long. They sign off for the day and are not allowed to talk to their friends and loved ones about the specifics of their day and oftentimes just have to boil the intricacies of their day to “today was fine” - not allowing them to process and decompress.
UH! Talk about the real deal combo of isolation and disconnection and route to the land of burn out that so many healthcare professionals live in.
How to combat the isolation that comes with working solely or predominantly online with your mental wellness clientele:
Notice it and understand that it is part of the work you signed up to do
Now this doesn’t mean like you are destined to be miserable forever - but the awareness can assist in normalizing these struggles and also allow you to listen to and do something with them so they don’t take over and lead you to the land of burn out and hopelessness.
We know what this line of work requires and the information we are holding for our clients can be heavy at times - so this awareness will allow us to be intentional about the ways we structure our days and weeks to really create a plan that will work for you now and into the future.
Take breaks during your clinical days and engage with someone other then your clients
Be intentional about engaging with things other than clinical work throughout your day - can really make a difference in how our days work settles with us. Some days it may be a stranger at Kroger, others it may be a friend during your lunch break , or maybe a partner or roommate when they come home from their days happenings.
Remember that doing notes and connecting with our clients other providers is clinical work too - it is not just butt in seat session hours. So those of you who think that doing notes is a break - it is not! Get up and go for a walk around your building or office :)
So many of us come to private practice work from the agency/hospital productivity driven grind that we think we need to always be clinically engaged to be “working”. What a lot of mental health professionals don’t notice is that seeing 8 clients a day back to back is not the same as someone who is in 8 hrs of finance/marketing meetings back to back all day.
Think of it as every clinical session you have, is really two working hours. This may be because of notes, treatment planning, dealing with insurance or maybe just because the work we do it heavy and needs some built in decompression time around it. Having this mindset can assist in structuring your sessions in a way that allow for breaks and lessons the shame we feel around “not being booked all day long” or “working an 8 hour day”.
What this looks like in practice for me - setting my private pay rates accordingly so I can see 4 clients a day and 2-3 days a week and leave time to do marketing, expense tracking etc.
Join a like minded community
This may be centered around your clinical work - but also may be a community totally unrelated to mental health or wellness. Regardless - what we are aiming for is a supportive environment in which you can connect with others with similar interests and goals and do this with as little effort as possible (so it does not turn into another thing you committed too that you really don’t want to do). Goal is to add more to you and fill you up opposed to taking from and sucking your energy away.
Examples could be a book club, sports club, gym, spiritual group, general networking group like YPAL or maybe a specific community designed to support your business and clinical work like the b.mindful Louisville Community Membership plan.
Do extra curricular activities when you are off work
This ties a bit into the above - of getting around a community that supports you but with an added layer of - get some fun back in your life!
Not all that we do has to be work, family, or production focused. Maybe we just want to join a group that plays music together just for the fun of it. Think of this more as slowing down and seeing what you can add into your life that is FUN and not just another to do list item. Surely does not have to be group focused - can be individually done as well - but again - just focusing on the integration of FUN into our weeks is vital to staying in this field long term.
Going to the gym for some is fun - but for most of us it is something we “need” to do to stay sane, healthy, in good shape, etc. Not exactly something that is hitting the FUN buttons and filling us up all the time. So don’t try to spin something you already do into something fun - let yourself explore some new things or get back into doing the hobbies you did as a child.
Batch your clients or spread them out - figure out what works best for you
Give yourself the freedom to find a schedule that works best for you. Since you are doing your work online you do not have to factor a commute into the office - so maybe you start your work a little earlier then you work with office based clients or you see clients later. Allow yourself the permission to do what works for you.
I found it helpful to map it out on paper so I could visualize it before trying it out IRL. This helped me have more confidence in stating my availability to clients because I felt that I had intentionally and preventatively thought through a system and some of its implications.
I gave myself FULL permission to write down my IDEAL day to day schedule. This included not working Monday and Fridays so I could have an admin day and then a me day, raising my rates, seeing 3-4 clients a day 2-3 days a week, etc. Then I sorted through all the feelings I had around that schedule. Is that not enough hours? Should I have morning hours too? Are people really going to come if I dont have 5pm or after openings? Am I being selfish by not wanting to work Fridays? Maybe I should offer one more session each day…etc. Then I wrote down some non negotiables that needed to be added in because I do live in reality and not this ideal world I had written out where I have no child or responsibilities haha. Then I just kept tweaking and moving things around until I felt like this might just work for me.
Before I had a kid I worked early mornings, evenings and 3-4 days a week and that worked for me. Now that I have a kid and my life has shifted - I see less clients spread across 2-3 days and cannot see before 9am clients and don’t have a session scheduled past 4pm. I also figured out that it works for my brain and life better to batch my clients and see them back to back then to have an extended gap between same day clients. Where before I had a kid -I really hated back to back clients and would always schedule 30 or so minutes between each session. This works for me now - and it might not work for future me - so for now I will keep rolling with this with the permission to change it down the road if needed.
If you are a mental health or wellness provider in KY needing community and resources to assist you in growing your practice - you are in the right place! Check our our practice building blogs, resources and office rentals.
Don't Struggle Alone
Struggles will happen 10000% in owning your own health and wellness practice - but you do not have to power through it alone. In being in business for yourself, you already do a lot on your own - so we know it is hard to welcome in others and do things in community. But we are here to help you learn how to rely on others that are in the same space as you or were there last year and connect with each other and build each other up!
As solo-entrepreneurs we do a lot on our own. We are the ones who are delivering the services to our clients, doing the billing, tracking the expenses - the list is endless. Maybe we outsource here and there - hire an accountant to file our taxes or a cleaning crew to tidy up the office - but for the most part - we are doing it all on our own.
This extends past the logistical day in and day out service providing and business set up - this also means we are doing all the business brain storming and innovation on our own too. Maybe we want to start offering workshops, or groups, or supervision - again something we are very capable of doing but likely needs lots of research, and figuring out - and we are likely doing this all alone.
For the most part, we do not mind doing things alone and honestly may be one of the main reasons we are in business for ourselves - true autonomy.
But I am here to remind people that they can still be in business for themselves - keep as much of their profits as possible - and still have community and support around them. We all don’t have to be sitting here struggling in our own different ways - alone.
Not saying you aren’t going to struggle in owning your own business - because there will be hardships - but you don’t have to do it alone.
In building a community for yourself in private practice you will see so many benefits from this!
Listen to yourself: There is no one right way to do this but being intentional about how you go about it can be really vital to making it a success for you. If you are not one for meeting lots of people at once - then don’t go the big networking event route. Maybe start out with something more naturally your speed and get online and build some digital connections, ask someone to a virtual coffee date, do a small clinical consultation group, etc.
Learn from others: One of the many things you will learn from being in connection with others in private practice is learning from others mistakes. One of our most popular blogs highlights some made by seasoned clinicians and what they would do differently now.
No need to reinvent the wheel: We all have the power to run our practices how we would like - as long as it is within our scope of practice, legal and ethical - but we do not need to reinvent the wheel for most business structures and systems. Research, listen and learn from others in business as to what worked for them and what might work for you. Try some things on and then allow your creativity and personality add to it - no need to start from scratch.
Don’t gatekeep: So embrace hearing others stories and learning from what they did not know when starting out. Then when you are a year or so into it - repay the favor and share the knowledge of building your practice with someone else who is starting their journey. We are not in competition with each other as providers - there is no need to hoard and keep our business practices secret. We should be openly sharing and lifting each other up. The smoother we can run our businesses - the lighter we will feel - the more present we will be for our clients - and then more healing can happen in the world.
Not the last thing that community will do for you - there are so many more benefits to it other than what is listed here. But the last thing I will talk about is that connection with other like minded people will keep you on track and make sure you are doing all the things you “have to do” for your state/license. Each state/license has different business rules and regs and each licensing board surely likes to have unique things they require of us. Being in community and connecting with others can assist you in staying up to date with what is required of you to maintain in compliance with HIPAA, regulations, best business practices, etc. I cannot name the amount of times I have been at a therapist networking event or grabbing a coffee with a colleague where they mention something about some new regulation or shift happening next month that affects me and my business that I never heard of before. Since I am in solo private practice - if I did not have community, who knows when or if I would have found out the information (because we know our boards, etc. are not always the best at sending information our way). Not that community wipes away all the struggle that may come with implementing different business practices, etc. - because that all still sucks - but it can definitely ease the loneliness felt around it, amount of time researching and googling things trying to figure out what is expected and more.
If you are having a hard time figuring out where to start in finding a community for yourself - start with us! We have a community membership designed for those helping professionals in private practice in the Louisville area who are seeking community, networking opportunities, and support. We have created a safe, fun, easy way for you to connect with other like minded individuals. Learn more here.
Opening a Mental Health Private Practice in Kentucky
Opening a private practice is a lot of work and tough because it is likely requiring you to do lots of things you have never done before and maybe at the same time when you are wrapping up on your schooling, working another job, caring for your family, etc. Though we cannot promise that it won’t be hard work - we can take off some of the heavy load from you and assist you by giving you a framework to build the practice of your dreams from.
Opening a private practice is a lot of work and tough because it is likely requiring you to do lots of things you have never done before and maybe at the same time when you are wrapping up on your schooling, working another job, caring for your family, etc.
Though we cannot promise that it won’t be hard work - we can take off some of the heavy load from you and assist you by giving you a framework to build the practice of your dreams from.
Below is a detailed description of whats in our Private Practice Deep Dive presentation and resources . If you are a tenant or virtual member of b.mindful Louisville - you get the entire deep dive presentation and more included in the price of your monthly fees. if you are a community member, you get a 50% discount on all trainings/presentations hosted by b.mindful Louisville. If you are not a member of the BML community - you can attend one of our live trainings (that we host about once a year) or purchase it for a one time fee to view the recordings and resources at your own pace.
Private Practice Deep Dive 3 Hour Presentation will provide you with the framework and resources needed to start and grow your mental health private practice.
WHAT IS IT?
This presentation covers all things of the private practice lifestyle from start up to scaling. The information is broken down into three sections allowing it to be easily digested and creating a smoother path for the consumer to take actionable steps.
The first section focuses on the baseline physical criteria needed to open up shop, including proper licensure, business structures and entities, safety in the office, malpractice insurance, and many more.
The second section focuses on the baseline clinical criteria needed to be in business for yourself such as clinical paperwork, HIPAA compliance, practice management systems, fees, rates and insurance, etc.
The final section focuses on growing and maintaining your practice once it is up and running by discussing income and expenditures, marketing, networking and more.
It is a very thorough presentation and will provide you with a sturdy private practice framework to build your practice out of no matter when that might be.
WHO SHOULD ATTEND OR PURCHASE IT?
This presentation is designed for:
All professionals in the mental health and wellness fields in the state of KY interested in entrepreneurial life!
Those who are in PP
Those who are pondering leaving their current position to start PP
Those wanting to break free from group practice or contract work and go solo
Those in graduate school
Those who want to learn more about PP
Whether you already have a practice and just want to ensure you are using best business practices or you are a newbie to the entrepreneurial world - this presentation has got you covered!
HOW MUCH DOES IT COST?
View full details here
Includes: Live or recorded 3 hr virtual presentation, access to the powerpoint slides afterwards, private practice templates, scripts and some sample clinical paperwork, helpful tips and tricks and more.
If you purchase the recording you will be able to schedule a 30 minute consult with Shannon Gonter at a later date to ask all your questions and get anything sorted out that is not clear to you.
* you will have access to all information through the end of the year through One Drive password protected access
You do not need to recreate the wheel and struggle in silence. Reach out and let us help you learn more about private practice today!
Think this is the right path for you? Reach out today and check in about our different membership offerings and how they can make your life easier during this huge transition from full time or part time or living the retired life.
How Life Coaches Can Grow Faster With A Virtual Office
Virtual office spaces can assist a lot of professionals in the health and wellness field - but for those professionals that can work with clients outside of the state they are licensed/certified in - working online with clients and utilizing a virtual office can greatly impact your growth potential as a business owner.
Now of course you will want to check in with your certification program on specific guidelines, rules and regulations and if you have a licensing board to of course abide by and follow their guidance on working across state lines or with clients in different countries.
But for the most part life coaches have the ability to have clients across the state, nation and world and are not limited to only serving their immediate communities. Therefore, it would be beneficial to your business to see clients online allowing you to cast this wider net.
If seeing more people online - a lot of business owners will prefer to do this work at home for maximum autonomy and flexibly of their schedule and overhead expenses.
You of course can still see clients in person as well so if you are wanting that face to face connection - don’t worry! A lot of practices are now utilizing the hybrid method (online and in person clients) to meet more clients needs and stay safe during times of COVID/cold and flu season.
So if you are wanting to still see people in person - but also wanting to do majority of your work online to cast a wider net - what do you do?
We know you are not wanting to blow a lot of your monthly income on a full time office rental and wanting to keep as much money in your pocket as much as possible - but how do you do this when you also want a professional business location but also the flexibility.
If doing the hybrid style, you get the perks of being able to meet your clients online or anywhere in person you choose but you still need to make sure you have a professional presence. If in the surrounding Louisville, KY area - b.mindful Louisville has just that! The virtual membership we provide allows you to pay a low monthly fee, get tons of professional benefits such as online directory exposure, address for your practice that is not a PO box or your home address, and many more. If in Nashville, maybe check out Therapy Space or if in New York check out Alma or if in another city - check out other co working spaces in your location to see if they have a plan that would meet your needs.
Virtual offices:
allow you to keep your overhead lower - therefore pocketing more of your profits opposed to paying full time rent somewhere
provide you with a professional office address (that is not a PO box) and mail forwarding options
may give you access to other amenities such as fax machine access, community events, networking and more…
will likely provide you with a community that can be helpful when being an entrepreneur who works mostly online
may connect you with other like minded professionals for networking and referrals
and more…
In summary - having a virtual office space is going to give you all the support you need to come across to your clients as legit and professional and also provide you with the confidence and security to focus on what you do best - helping your clients! Let us help you keep more of your hard earned money in your pocket and structure your work life schedule in a way that works better for you.
Whether you are local to Louisville or not - check out our blogs and free content created to assist those in independent practice grow their businesses. If you are local to Louisville or Kentucky - check out our membership plans and see if our workshops or consultations would be of any benefit to you and your ideas for growth.
If you are a mental health or wellness provider in KY needing community and resources to assist you in growing your practice - you are in the right place! Check our our practice building blogs, resources and office rentals.
How To Lower Your Overhead Of Your Wellness Practice
If you are a human helper who is just starting out or predominantly works online and is seeking practice building resources, community, marketing assistance and more for an affordable monthly cost - our virtual membership may be the best fit for you! Will keep your practice overhead low - while still providing you with all you need for success.
Bring intentionality into your business expenses - just like we encourage our clients to bring awareness and intentionality into their lives and healing - we need to be doing the same with our business practices.
We know it is not all about money, but don’t think it would be a lie in saying that we all would want more money in our pockets at the end of the day, right?
Income - Business expenses = Profit
So how do we do that when starting a practice, having to cover overhead costs and having little or zero clients and income coming in? GREAT QUESTION.
One solution to this is starting out renting a virtual office for your practice.
b.mindful Louisville offers this for KY based wellness professionals who need a secure business address, like minded community, resources to build their practice and more.
When you hear the term virtual office people don’t know what to think. An office online? Huh.
At each location a virtual office may vary - but at b.mindful Louisville - our virtual members get the following:
Louisville business mailing address
Access to fax machine and scanner
Practice building resources
Like-minded community
Option to rent office space by the hour
Marketing assistance and many more…
By keeping their monthly financial commitment to about $50 a month this allows for these clinicians to lower their monthly expenses, not have to pay for rent, but still have a business address, a furnished professional space to see clients out of and more.
If you are wanting to know if joining out community is the best financial move for your overhead - reach out and we can explore this with you. We have lots of flexible plans to meet just about everyones needs and would be happy to hop on the phone and talk this out. Give us a call today.
If you are a mental health or wellness provider in KY needing community and resources to assist you in growing your practice - you are in the right place! Check our our practice building blogs, resources and office rentals.
Pros and Cons to Having a Full Time Office
Not everyone needs to have a full time office space just for themselves - but some do. Let us help you figure out what is best for you and your practice at this given moment.
Perks of having a full time in person office
Having a quiet physical space to see your clients in
Being around other people throughout the day that aren’t your clients
Knowing that only you are in the space and items won’t be moved or misplaced while you are gone
Being able to decorate it as you please
Getting out of the house and having a short or long commute to assist in decompressing from the days work allowing you to create separation from work and home life
Drawbacks to having a full time in person office
May be responsible for furnishing it
Which can be quite expensive if you are looking to go above the basics of two chairs and a clock
Paying bills (WIFI, electric, etc) and purchasing office supplies (tissues, toner, etc)
Having a high monthly rent bill increasing your financial overhead
Having the office empty on the days you do not work
Or working hard to find a good fitting someone to sublet your office when you are not there if your landlord allows that
Each individual and each practice is going to have to decide for themselves if having a full time office space is what works for them. For some people - the high monthly expense does not bother them because the autonomy and separation from home it provides is well worth the expense. For others, it just doesn’t make sense to pay for and furnish your own office when you only use it 5 hrs a week.
If you are having a hard time deciding what is best for you and your business - reach out to us and we can assist you in exploring this further. At b.mindful Louisville we aim to meet the unique needs of each of our members with goals of empowering and strengthening the entrepreneurs in the KY wellness community to have the businesses of their dreams.
Our various membership (tenant, virtual and community) options allow mental health and wellness providers to save money when starting out all while having the safety and security of a furnished stable office backing them. Learn more here.
Retiring From Private Practice And Releasing Responsibility
Just as there is a lot to do when opening your practice - when retiring and closing it there is a lot to do too. So why keep it all on your plate? Let us show you how virtual and shared office spaces can assist you during this phase of business ownership and ease you into retirement.
There are so many responsibilities that come with running your own business and when you are nearing the end of your private practice journey - there are so many things to be done during the winding down process!
Takes you back to the beginning of building your practice checklist - but instead of winding things up we are taking things down a notch and getting things off your plate in preparation for retirement.
Before you are all the way to the land of retirement - you may want to off load some of the weekly duties.
As you dwindle down your caseload, who wants to pay for a full time office space? Specially when you are not using it 24.7
Not me!
Individuals who are looking to cut down on in person client hours can utilize short term rentals and virtual offices to assist in decreasing their office upkeep responsibility and increasing personal and financial autonomy.
Benefits of using a shared workspace
Perk 1: Affordable furnished office space
While you are dwindling down your caseload you also might want to unload your well loved office furniture. Maybe sell it on Facebook Marketplace, give it to another provider, or donate it. Anything but have to move it yourself and clutter up your basement :)
Come on over and get a tour of b.mindful Louisville furnished offices and get the benefits of working from a beautiful environment with none of the hassle of moving furniture, etc.
Perk 2: High end office decor and better location
Again - you do not want to be in charge of paying for repairs and moving furniture when juggling all the other aspects of closing your practice - so utilize the perks of having high end furnishings that are included in the price of your rent.
Perk 3: Fast set up and transition from previous location
At b.mindful Louisville we can get you set up on our tenant or virtual membership plan within the same day of inquiry! Quick, easy and painless after some paperwork is checked, information is gathered and lines are signed on.
Perk 4: Included amenities
At more shared workspaces you get more benefits than just an office space. Check out the specific amenities included in each of b.mindful Louisville membership plans.
Perk 5: Flexible rental plans
Whether you are seeing clients in person consistently throughout the week, only seeing a couple here and there, or you are all online - b.mindful Louisville has a plan to meet your needs. We off tenant, virtual and community membership options all at varying price ranges to fit your needs.
Perk 6: Plenty of opportunities for networking
By being in an environment surrounded by other individuals in private practice - you are get all the benefits of a like-minded environment, meeting new professionals and having referrals for your existing clients - without the hassle of having to set up networking dates on your own.
Learn more abut the good things surrounding shared office space compared to traditional rentals here.
Not needing consistent time in the office for in person sessions, but still wanting the perks and ease of a community and space to run your practice out of?
A membership plan with a commercial rental property that provides the entrepreneur with a physical business address and other professional amenities while allowing the business owner to continue working from home and keeping their overhead costs low. Learn more here.
Think this is the right path for you? Reach out today and check in about our different membership offerings and how they can make your life easier during this huge transition from full time or part time or living the retired life.
If you are a mental health or wellness provider in KY needing community and resources to assist you in growing your practice - you are in the right place! Check our our practice building blogs, resources and office rentals.
First 10 Steps to Private Practice in KY
These are not the only things that need to be done to open your practice, but this list will get you on the right path to starting your practice.
1. Licensure
Make sure you are properly licensed for private practice. Certain states/licenses dictate a certain amount of post graduate hours before hanging your own shingle. Check with your state board. Kentucky Professional Licensing Directory click here.
2. Why
Why do I want to do private practice? How do I hope it will make me feel? What will I do if it doesn’t make me feel that way? How will I measure my accomplishments throughout the process? How will I adjust and shift to make sure my work and life goals are still in alignment?
3. Structure
Find what structure fits your current needs best. Solo model, Co-Op model, Contract model, Group model, Sublease model, Employment model, Non traditional services model...
4. Guru
No need to reinvent the wheel when others have paved the path before you! You don’t have to pay for all their goodies but some of them can be helpful to follow, join their FB communities and if you are into podcasts lots of them have great podcasts to follow!
Selling The Couch and more...
5. NPI #
You’d think you would know if you had one, but you would be surprised by the number of people that have one that never knew. So, see if you already have one here. If not, apply here (it's free)
6. Business Entity
LLC, PLLC, Sole Proprietor, Partnerships, Corportations, Non-profits. The most common ones in Kentucky are going to be sole proprietorship, LLC, or PLLC. Click here to learn more about the differing options
7. Start Business
·This can be done by a trusted attorney, with the assistance of an attorney or on your own. It doesn’t take long, and it should be around $50 to set up an LLC. To get a step by step guide with interactive links, click here. More specifically, if you want to start an LLC, click here and follow all these steps.
8. EIN #
Suggested to obtain an EIN for all business entities to have an added protection against identify fraud (because if not you would have to use your social on all paperwork and some that may be distributed to your clients). Click here to apply (it’s free)
9. Office Space
Be intentional about this and think about your needs. Do you do all in person work? Some online? Some in home or out of office work? Do you want to share an office with someone? Have your own space? Work near home or out of your neighborhood?
10. Cover Your Ass
Hope it never comes to it - but you will be happy to have insurance coverage if it does! Professional liability, general liability and property coverage/renters insurance are all necessary items to have to cover your practices ass from potential lawsuits.
BONUS: Want more?
b.mindful Louisville offers 1-1 practice building consultations, trainings, office rentals and more. We are here to assist you and your practice in all the days! Reach out today to learn more about us and our membership options. Learn more about our memberships here.
DISCLAIMER: These are not the only things that need to be done to open your practice, but this list will get you on the right path to starting your practice. Disclaimer: This is not legal or tax advice. This information is for educational purposes only. You should consult with an attorney and a CPA to determine which type of business will best meet your needs. Each state will have varying needs and requirements, please check with your individual state to ensure you are checking all the appropriate boxes.
New Clinicians in PP and Virtual Offices
Virtual office space is not just for tech gurus. Mental health and wellness professionals can use it to. Check out what professionals would benefit best from b.mindful Louisville affordable virtual office membership plan.
Why human helpers new to private practice should rent a virtual office…
Most of us make money by butt in seat client hours. When you are just starting out, you may not have a lot if any clients to put you butt in a seat for.
Translation - you are bringing in zero or not a lot of cash flow each month and still required to pay your basic business expenses.
YUCK.
So solution 1 - get more clients or lower your expenses. — But issues arise with this because getting more clients isn’t 100% in your control nor easy to do.
But something that is in your control is lowering your expenses - so let’s focus on that one.
Most new clinicians have already thought long and hard about their financial overhead knowing starting a private practice can be a slow build. Maybe they’ve even got it down the the essentials *rent, supplies, EHR, 2 chairs and a clock*
So how can you make that even lower?
Most would think you can’t and just accept the months without a profit and write it off as a cost of starting a new business. But I am here with another option.
Virtual office space rentals
For individuals who predominantly work online, this can be a great option.
For example, b.mindful Louisville allows all virtual members practice building resources, community, marketing assistance and lots of other other amenities all for an affordable monthly cost.
These added amenities will greatly benefit your practice and allow you to come off to your clients as more professional and polished without any of the hard work.
Then once you get more clients you can upgrade your plan and move into a more long term stable part time or full time in person lease if needed.
Learn more about virtual office spaces and if it would be a good match for you :) Reach out with any questions at info@bmindfullouisville.com or call at 502-528-1363
If you are a mental health or wellness provider in KY needing community and resources to assist you in growing your practice - you are in the right place! Check our our practice building blogs, resources and office rentals.
About b.mindful Louisville virtual offices plans
We are here to make your life easier by providing the following amenities in our virtual office package. Including but not limited to a mailing address, ability to rent in person office space when needed, built in like minded community, practice building resources and support and more.
At b.mindful Louisville, we know that as business owners you can pick and choose where you would like to work and how you would like to deliver your services to your clients. Since everyone doesn’t want to deliver their services in person - we have a plan for those of you who do the majority of your work online via tele-health.
We also recognize many health and wellness professionals are not formally trained in business and practice building so we support our members in that department as well!
We are here to make your life easier by providing the following amenities in our virtual office package.
Included in your virtual office plan is:
Business Mailing Address
For increased privacy and professionalism, you can use our address for your business on all official paperwork.
We will text you a photo of the mail collected for you and you can let us know how you would like to receive it.
Physical mail forwarding to your current home address every other week
Secure HIPAA compliant scanning and emailing available for some mail items on per case basis
Ability to Receive Faxes
When collaborating with other healthcare professionals or dealing with health insurances, you will need access to a reliable fax line. You will be provided access to our fax number and will be able to receive faxes. But you will be unable to send them as you will not have access to the physical machine.
We will collect and sort the faxes for you.
Physical mail forwarding to your current home address every other week
Secure HIPAA compliant scanning and emailing available for some faxes on per case basis
Practice Building
Our formal clinical trainings taught us nothing about how to start a business, track expenses, keep up with social media, maintain HIPAA compliance on our own, learn the importance of networking and how to market yourself ethically, etc. We typically do a fantastic job on the clinical front (keeping up with our required CEUs, keeping up to date with recent research findings, clinical consultation, etc.) but we often lack that same mindset and support for the business side of our practices.
We aim to strengthen the mental health and wellness community in Louisville and reduce some of the many barriers of entry for clinicians who own their own business.
Access to our digital private practice building resources
Includes over 150 slides and 4+ hours of content jam packed with applicable knowledge on the logistical must haves, the clinical must haves and what you need to keep doing in order to maintain a thriving practice. It also includes scripts, templates and spreadsheets to systemize your practice and just make your life just a bit easier.
Free and discounted rates for 1-1 consultation services with Shannon Gonter, LPCC
Each BML member gets 1 free 30-minute consultation and then 20% off all other consultations and packages.
Free private practice business focused consultation groups hosted once a month
Designed out of necessity for those of us in private practice to share the wealth of knowledge with each other and support each other on the business front of what we do. With this shared knowledge and support we can strengthen the mental health and wellness community in Louisville and reduce some of the many barriers of entry for clinicians looking to start a practice on their own.
During this group, we will focus on the business side of your practice, and sharing and learning business tips, tricks and advice from other health and wellness business owners in the area.
Free access to all trainings hosted by b.mindful Louisville
Other trainings throughout the year on a variety of topics ranging from marketing tips and tricks to how to prepare for private practice while in graduate school and many more.
Community
Being in private practice is naturally isolating and being a remote worker can exacerbate the feelings of disconnection. We are a network of therapists and other wellness professionals working to grow our businesses and support each other along the way!
Private Facebook group with all the other members and tenants of b.mindful Louisville
Easy access referrals to a variety of mental health and wellness professionals
Built in like-minded support network providing you with tips and tricks to start and grow your business
Invite to our bi-monthly member socials and networking events
Marketing Exposure
We know the work you do is important and needed for our community, so we want to assist you in getting the word out.
We will create you a dedicated website URL on our platform for your business. This will increase your online presence, allow prospective clients to find you even easier and streamline the referral process between providers.
Whatever your specialty may be, content creation and blogging is a very important strategy for establishing expertise and bringing in new clients. We will share your content on our site and link it back to your site, providing you with backlinks and allowing your content to reach a wider audience.
Why is content marketing importance for your practice’s growth? Figure out the answer, here.
Our virtual office plan package is perfect for those
are just opening up shop and want an affordable way to get a business address and fax number for insurance credentialing…
are just starting out and don’t have any clients yet and are in a need of a low overhead solution to finding community, resources and support while growing their practice…
predominantly work online and do not want their home address and personal information attached to your business…
are in need of the logistical and clinical resources to plan, start and grow their private practice…
are retiring soon and do not need a full time office any longer but still need an address, etc.
…so many more! Inquire today to see if you would be a good fit for this plan.
If you are interested in learning more about our offerings, don’t hesitate to reach out.
Written by Shannon Gonter, LPCC
If you are interested in learning more about our services, rentals or looking for a like-minded community for your mental health or wellness practice contact Shannon today at 502-528-1363 or at Shannon@bmindfullouisville.com
Perks Of Having a Virtual Office Lease
Virtual offices have a lot of perks. Some of them include the low start up costs, minimal overhead, flexibility, quick setup, etc. Continue reading to learn more about the benefits of renting a virtual office.
Virtual office spaces can provide a practice owner with an all in one space to get the needs of their practice met that can’t be met at home.
Low startup costs and low overhead fees
Why pay rent at an office space when you don’t need it or only need a physical office space a few hours a week?!
If you need an office space on a more regular basis, check out co-working spaces in your area. b.mindful Louisville is a fantastic solution for human helpers in Louisville, KY in need of an office address and other perks.
Virtual office rentals are usually all inclusive low monthly rate that can fit anyones budget :)
Flexibility
If there is a minimum for signing a lease, it will usually just be a couple months. Nothing compared to the years typically needed to sign a commercial lease.
This allows you the ability to have more freedom and autonomy within your business because you no longer have to wait out a lease term to change things up or start something new in your practice.
Quick or immediate startup
Usually all it requires to sign up with a virtual office space is…
Signing a contract and reviewing the policies
Filling out some personal information
Filling out some business details
Thats about it and done in a day and ready to keep rolling!
No permanent office space
So many of us have the privilege to tele-work on the road or from our houses so again, if you don’t need office space, don’t pay for it!
Access to services when needed
Maybe it’s an office space, or practice building resources, marketing assistance, access to clinical consultations…
If you are a member of the virtual office spaces of b.mindful Louisville you will always have access to our amenities.
Professional address/phone/fax
For a business it is not desirable to have a PO box as your address or a typical residential address ending (drive, avenue, court…)
It is desirable to have a suite #
Since your business address will be publicly listed, it is nice to have it be something other than your house for increased boundaries between personal and business for those of you human helpers who need increased confidentiality.
Also, if your practice works with health insurances you are going to need a physical business address and a fax number.
No need to piece meal everything together on your own, just sign up for a virtual membership and you well get a mailing address and mail forwarding, ability to receive faxes, practice building resources, built in like minded support network and community, marketing assistance and advertisement.
Learn more about b.mindful Louisville and the office rentals we have for therapists in the greater Louisville, KY area. Reach out to Shannon Gonter ( 502-528-1363 / shannon@bmindfullouisville.com ) with any questions or to set up your tour.
Membership Plans of b.mindful Louisville
We know that each and every human helper’s business has very specific needs and that is why we have different plans to fit your needs. A virtual community membership for those who are digital nomads and in person office rentals for those that see face to face clients in Louisville, KY.
Tenant
Best suited for a human helper who wants flexibility, a furnished office, assistance starting and growing their business and a built in like minded community for an all-inclusive monthly cost.
Flexible rental structures and price plans
Amenities and office supplies included
Practice building resources
ADA compliant
Modern design
Discounted billing services and many more…
At b.mindful Louisville, we are proud to offer comfortable, professionally appointed rental spaces created with your needs in mind. These spaces are intended to support you, allowing you to focus on the work you’re doing with your clients, while minimizing your administrative aggravation. You’ll get full access to all amenities, whether you’re an hourly or full-time tenant. Unlike a typical rental, we also provide you with access to professional development materials focused on practice-building, as well as community marketing events. You’ll find our space to be a comfortable, cost-effective and accessible place to thrive while supporting your clients on their journey.
No matter how many clients you have, we have a plan to fit your needs! Whether you need an office a few hours a week or for 40 hours a week- the built in flexibility of our model allows us to meet each and every practices unique needs.
Virtual
Best suited for a human helper who predominantly works online, is seeking practice building resources, community, marketing assistance and other amenities for an affordable monthly cost.
Louisville business mailing address
Access to fax machine and scanner
Practice building resources
Like-minded community
Option to rent office space by the hour
Marketing assistance and many more…
As an entrepreneur, you have the freedom of working from home, at a coffee shop, or even being a digital nomad and working from the road.
But boundaries can between work and home can become blurry without having a designated work address. We understand the unique needs to mental health and wellness professionals for privacy and security and have designed our virtual office features to accommodate those needs.
We want to kick the isolation that comes with telework to the curb by connecting you with other helping professionals like you!
Community
For those helping professionals in private practice who are seeking community, networking opportunities, and support. We have created a safe, fun, easy way for you to connect with other like minded individuals.
Invite to membership socials
Built in referral network
Discounts on trainings and consultations
Free business consults
Marketing assistance for your practice
Platform to share content with prospective clients
We want to kick the isolation that comes with private practice and being a human helper to the curb by connecting you with other helping professionals!
At b.mindful Louisville, we know how rewarding and essential the work you do is - but we also know how high the burnout rates are and how hard, draining, complicated it can be.
We are here to make it easier for you to build professional relationships and get the support you need to remain in this field longterm.
In Office Amenities For Your Clients
Mental health and wellness professionals have an array of clients coming to see them with a variety of different concerns. Dependent on what the client needs, you are going to alter your treatment modality and meet them where they are at in order to meet their needs.
Mental health and wellness professionals have an array of clients coming to see them with a variety of different concerns. Dependent on what the client needs, you are going to alter your treatment modality and meet them where they are at in order to meet their needs.
One thing that we want to remain consistent though for our clients is ensuring their safety, comfortability, and feeling welcomed while they are in the office receiving their services. What are some ways you can do this?
Safety
Exclusive waiting area
Smart locks
Separate exit for increased confidentiality
ADA compliant
General neutral environment
Sound machines
Comfortability
Pillows
Blankets
Chairs and couches
Calming color palette
Decorative accents to make the space inviting and warm
Complimentary coffee, tea, water and hard candies
Welcome
Plenty of parking
Clear signage
Organized environment
Calming music in waiting area
Not wanting to spend the time, money and resources putting this all together? No worries. b.mindful Louisville has you covered! We are a fully furnished rental space for mental health and wellness professionals who have already thought through all of this and have our offices set up with you AND your clients in mind.
Learn more about b.mindful Louisville and the office rentals we have for therapists in the greater Louisville, KY area. Reach out to Shannon Gonter ( 502-528-1363 / shannon@bmindfullouisville.com ) with any questions or to set up your tour.
Virtual Offices For Human Helpers 101
What is a virtual office? How do they work? Who uses them? What can b.mindful Louisville to assist your online mental health and wellness practice.
What is a virtual office?
A virtual office is a membership plan with a commercial rental properties that provides the entrepreneur with a physical business address and other professional amenities while allowing the business owner to continue working from home and keeping their overhead costs low. Learn more here.
How do they work?
Each and every place will have their different price plans and packages but typically you will pay a low monthly fee and have access to the provided amenities.
Who uses virtual office space?
Legal: 18%
Consulting: 16%
Finance: 9%
Technology: 9%
Healthcare: 7%
Real Estate: 6%
Numbers gathered from Office Evolution
Remote working and Louisville
There are so many different companies around Louisville and in Kentucky that provide virtual office plans, but very few of them are designed for mental health and wellness professionals. They will give you an address, answer the phone for you, allow you to rent a physical office by the hour, etc. but they may have a difficult time meeting your unique needs in regard to HIPAA compliance and confidentiality.
b.mindful Louisville’s promise to you…
Since 2020 and a lot of mental health and wellness professionals have moved to hybrid practices - doing a mix of in person and online work with clients - or are fully remote and only provide tele-health services. With this transition away from face to face sessions, several practitioners have been able to live the life that they want, on their terms and still be able to see the clients of their choice. On top of the perks of tele-health work, they have also expressed concerns about increased feelings of fear about burn out with the disconnection and isolation from their colleagues.
At b.mindful Louisville, we only serve human helping professionals and understand the oddities of the mental health and wellness fields - so we keep these special needs top of mind.
Our virtual plan is best suited for a human helper who predominantly works online, is seeking practice building resources, community, marketing assistance and other amenities for an affordable monthly cost. Provides each professional with Louisville business mailing address, ability to receive faxes, practice building resources, like-minded community, marketing exposure and many more…
Not needing an address or practice building resources - but want to be part of a community of like minded professionals? Check out our community membership plan.
Learn more about b.mindful Louisville and the office rentals we have for therapists in the greater Louisville, KY area. Reach out to Shannon Gonter ( 502-528-1363 / shannon@bmindfullouisville.com ) with any questions or to set up your tour.
One Stop Shop
Starting a private practice is tough enough, so why add more on to your plate. How nice would it be to waltz into an already furnished office, full of amenities, and the team to support you and your growing business? Too good to be true, right?
Starting a private practice is tough enough, so why add more on to your plate. How nice would it be to waltz into an already furnished office, full of amenities, and the team to support you and your growing business? Too good to be true, right?
WRONG.
b.mindful Louisville is a shared workspace for mental health and wellness professionals in Louisville. KY. We cater our offices to mental health and wellness professionals and have all the physical necessities for your practice already set up so you don’t have to worry about it.
With each office rental you will get the following:
Access to your office during your designated day and time slot and access to all other communal areas, amenities and resources 24/7
On-site parking and street parking
ADA accessible
Address for their business
Practice building resources
Print
Books
Digital
From the baseline physical criteria needed to open a private practice, to the clinical must haves, and the items to do and figure out while growing you're practice. We’ve got the support and resources available for you to use to build and create a thriving practice.
Furnished space
Waiting area
Plenty of seating
Complimentary water for clients
Complimentary mints for clients
TV with calming music and revolving slideshow displaying tenants in the space, any upcoming groups and events that Louisville has going on.
Break area
Table
Chairs
Printer/scanner/fax
File cabinet
Additional storage for personal items
Mail station for incoming mail
Complimentary coffee/tea/water
Kitchenette
Community bulletin board to share local news and trainings
Offices
Couch
Side table
Chair
Side table
Desk
Shelves
Bins for shelves
Chair
Pillows (3)
Throw blanket
Coasters (3+)
Small fake plants (3)
Large real plant (1)
Clock (2)
Lamps
Sound machine
Wall décor
Tissues
Separate entrance and exit for your clients to ensure higher levels of confidentiality
Additional chairs for family/group work or trainings (12)
Treatment table that can be used for Reiki (1)
Collaboration and networking with other like-minded service providers
Bi-monthly socials at local Louisville establishments to build a sense of community between tenants outside of the clinical world
Clinical consultation group with other mental health professionals from the community offered once a month
Secure storage for personal items
HIPAA compliant file storage
High speed wireless internet
Printer/scanner/fax
Office supplies
Clip board
Large note pad
Small note pad
Envelopes
Post it notes
Pens
Highlighters
Sharpies
Scissors
Tape
Stapler
Paper clips
White out
Weekly office cleaning services
Learn more about b.mindful Louisville and the office rentals we have for therapists in the greater Louisville, KY area. Reach out to Shannon Gonter ( 502-528-1363 / shannon@bmindfullouisville.com ) with any questions or to set up your tour.
Strengthen Your Business Muscles
By listening to some (or all) of these podcasts, your business muscle will be sore and grow and will thank you later! It can be so beneficial to learn from those outside your field and apply their tips, tricks and tactics to your field.
Why podcasts are great:
accessible pretty much anywhere (phone, computer, tablet, on the go, at the house…)
you can multitask as your listen
versatile in content
more intimate
they build community and connections
Are there specific podcasts that are focused on mental health and wellness professionals? If so, what are they? — Check those out here.
I know a lot of mental health and wellness professionals don’t think of their practices as businesses, but surprise - surprise - they are! Therefore, you are a small business owner and an entrepreneur!
A lot of us did not go to business school, or spend much time learning about the business side of our practices. We just wanted to open up shop, hang out shingle and help our clients grow. But in order to keep your doors open and be able to draw in the right crowd of clientele (so you don’t burn out), you need to grow your business muscles.
What is included in this muscle group is: Brand, Marketing, Sales and Finances
The above mentioned private practice specific podcasts will assist you in getting into that business mindset and thinking outside of the clinical box, but it can also be very helpful to listen to expert from other fields.
Suggested business podcasts:
“ An award-winning podcast where I interview inspiring Entrepreneurs to help YOU on your Entrepreneurial journey! “ - John Lee Dumas
“For over a decade John Jantsch has interviewed thought leaders, experts, and authors. Subscribe today and hear some of today's most influential marketers and entrepreneurs share their stories and secrets.” - website
“Hosted by author, speaker, coach and entrepreneur Elayne Fluker, Support is Sexy podcast features interviews with more than 500 diverse and inspiring women entrepreneurs from around the world, who candidly share the ups and downs of their entrepreneurial journeys — where they started, when they struggled and how they still made it happen!” - website
“StartUp is a documentary series about entrepreneurial life. The show has been downloaded tens of millions of times since its launch in 2014. Its first season has been adapted into an ABC sitcom called Alex, Inc. starring Zach Braff. StartUp has won a Gracie Award and the Gerald Loeb Award for Distinguished Business and Financial Journalism.” - website
“Interviews and inspiration each week for the entrepreneur who wants to make an impac” - website
“Guy Raz dives into the stories behind some of the world's best known companies. How I Built This weaves a narrative journey about innovators, entrepreneurs and idealists—and the movements they built.” - website
Learn more about b.mindful Louisville and the office rentals we have for psychiatrists in the greater Louisville, KY area. Reach out to Shannon Gonter ( 502-528-1363 / shannon@bmindfullouisville.com ) with any questions or to set up your tour.
Why Energy Healers Should Rent Furnished Offices
Unlike other solo entrepreneurs who can hang their shingle at any local Louisville coffee shop or out of their house, as a energy healer you don’t always have that same luxury. In order to provide a space for your clients you have to have a private, safe and neutral space to meet with them in. This barrier can add a lot of additional costs and stress onto our plates, which quite honestly turns away a lot of clinicians from getting into private practice in the first place.
Unlike other solo entrepreneurs who can hang their shingle at any local Louisville coffee shop or out of their house, as an individual who does energy work you don’t always have that same luxury. In order to provide a space for your clients you have to have a private, safe and neutral space to meet with them in. This barrier can add a lot of additional costs and stress onto our plates, which quite honestly turns away a lot of clinicians from getting into private practice in the first place.
Going through the office hunt process = headache
Signing a long-term commercial lease (2-5 years on average) = Yikes! Most of us don’t have clients when we are first opening up shop (therefore no income), so committing to a lease for that long can be hard to wrap your head around
Furnishing said office = $$$
Upkeeping said office = Décor, cleaning, trash, restocking supplies, paying bills, etc.
Why Energy Healers Should Rent Furnished Offices
Ease
Instead of having to worry about all the items listed above, you can spend more time focusing on your clients. All you have to do is start your business, market your services, come in, do your work and leave because the rest will be taken care of for you :)
Low startup costs
If you aren’t having to put down a hefty security deposit, and furnish an office and waiting area, your startup costs are going to be drastically lower. Therefore, allowing you to start a practice for hundreds, and not thousands of dollars .
Design
If you are renting a furnished space, it is advised to rent a space that is used or has been designed by a like minded individual.
Best to rent another professionals (therapist, counselor, life coach, like minded professionals, etc.) office when he/she isn’t using it or from an office suite such as b.mindful Louisville that has offices for rent by the hour or by the day and was designed by a counselor with others in the field in mind.
By doing this you will avoid renting a furnished space with a huge conference table in it, or a very large desk with a chair on either side of it and get a space with comfortable seating for you and your clients, soft lighting opposed to harsh overhead lighting, multiple clocks to be seen by all, calming décor, sound machines and more.
Possible amenities
Dependent on the furnished office you are looking at renting, some of them may come with amenities such as printer/scanner/fax machine, WIFI, address for your business, onsite parking, private waiting room, complimentary drinks, etc.
Time
If you are like most human helpers starting your own practice, this isn’t your only gig. Maybe you work full or part time somewhere else and/or you are a mother/father or caregiver for someone else, maybe you are dealing with your own health issues and the list goes on and on as to what takes up time in our day to day lives.
So, if you want to throw some love your way, save yourself the headache and time of having to get your own office, and rent one that is already set up, designed with you in mind and ready for you to come in and do the work you were trained to do.
Smart
You don’t work 24/7 (and if you do, stop that! #selfcare), so don’t rent and pay for an office 24/7. There are 168 hours in a week and most of us are only needing an office for about 20 or so hours (dependent on your case load- the average case load for a full-time private practice therapist is approximately 20 individuals seen on a weekly basis).
Perks of the digital age is that our documentation, marketing, expense tracking and other business-related tasks can be done anywhere. So be smart with your money and invest it where it counts the most. Rent an office for your client appointments by the hour or by the day, and do the rest of your work from home, in a shared break area, or from your favorite Louisville coffee shop or establishment.
Learn more about b.mindful Louisville and the office rentals we have for therapists in the greater Louisville, KY area. Reach out to Shannon Gonter ( 502-528-1363 / shannon@bmindfullouisville.com ) with any questions or to set up your tour.
Why Life Coaches Should Rent Furnished Offices
Unlike other solo entrepreneurs who can hang their shingle at any local Louisville coffee shop or out of their house, as a life coach you don’t always have that same luxury. In order to provide a space for your clients you have to have a private, safe and neutral space to meet with them in. This barrier can add a lot of additional costs and stress onto our plates, which quite honestly turns away a lot of clinicians from getting into private practice in the first place.
Unlike other solo entrepreneurs who can hang their shingle at any local Louisville coffee shop or out of their house, as a life coach you don’t always have that same luxury. In order to provide a space for your clients you have to have a private, safe and neutral space to meet with them in. This barrier can add a lot of additional costs and stress onto our plates, which quite honestly turns away a lot of clinicians from getting into private practice in the first place.
Going through the office hunt process = headache
Signing a long-term commercial lease (2-5 years on average) = Yikes! Most of us don’t have clients when we are first opening up shop (therefore no income), so committing to a lease for that long can be hard to wrap your head around
Furnishing said office = $$$
Upkeeping said office = Décor, cleaning, trash, restocking supplies, paying bills, etc.
Why Life Coaches Should Rent Furnished Offices
Ease
Instead of having to worry about all the items listed above, you can spend more time focusing on your clients. All you have to do is start your business, market your services, come in, do your work and leave because the rest will be taken care of for you :)
Low startup costs
If you aren’t having to put down a hefty security deposit, and furnish an office and waiting area, your startup costs are going to be drastically lower. Therefore, allowing you to start a practice for hundreds, and not thousands of dollars .
Design
If you are renting a furnished space, it is advised to rent a space that is used or has been designed by a like minded individual.
Best to rent another professionals (therapist, counselor, energy healer, like minded professionals, etc.) office when he/she isn’t using it or from an office suite such as b.mindful Louisville that has offices for rent by the hour or by the day and was designed by a counselor with others in the field in mind.
By doing this you will avoid renting a furnished space with a huge conference table in it, or a very large desk with a chair on either side of it and get a space with comfortable seating for you and your clients, soft lighting opposed to harsh overhead lighting, multiple clocks to be seen by all, calming décor, sound machines and more.
Possible amenities
Dependent on the furnished office you are looking at renting, some of them may come with amenities such as printer/scanner/fax machine, WIFI, address for your business, onsite parking, private waiting room, complimentary drinks, etc.
Time
If you are like most coaches starting your own practice, this isn’t your only gig. Maybe you work full or part time somewhere else and/or you are a mother/father or caregiver for someone else, maybe you are dealing with your own health issues and the list goes on and on as to what takes up time in our day to day lives.
So, if you want to throw some love your way, save yourself the headache and time of having to get your own office, and rent one that is already set up, designed with you in mind and ready for you to come in and do the work you were trained to do.
Smart
You don’t work 24/7 (and if you do, stop that! #selfcare), so don’t rent and pay for an office 24/7. There are 168 hours in a week and most of us are only needing an office for about 20 or so hours (dependent on your case load- the average case load for a full-time private practice therapist is approximately 20 individuals seen on a weekly basis).
Perks of the digital age is that our documentation, marketing, expense tracking and other business-related tasks can be done anywhere. So be smart with your money and invest it where it counts the most. Rent an office for your client appointments by the hour or by the day, and do the rest of your work from home, in a shared break area, or from your favorite Louisville coffee shop or establishment.
Learn more about b.mindful Louisville and the office rentals we have for therapists in the greater Louisville, KY area. Reach out to Shannon Gonter ( 502-528-1363 / shannon@bmindfullouisville.com ) with any questions or to set up your tour.