practice DNA http://www.practicedna.com How to set-up, build and run your own practice. Thu, 11 Apr 2013 02:57:23 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Many practitioners graduate from their courses knowing how to practice their profession, but having no idea on the business aspects of running a successful practice. Your host Dr Matthew Holmes has 18 years of practice experience in running single and multi practitioner clinics to share with you to fill those gaps. This is not a hyped up practice building session, but gives acupuncturists, chiropractors, myotherapists, naturopaths, osteopaths and physiotherapists genuine advice on getting started in practice, and how to do the day to day practice management. Dr Matthew Holmes no Dr Matthew Holmes drmatt@clearhealthmedia.com drmatt@clearhealthmedia.com (Dr Matthew Holmes) Clear Health Media Solid business advice and experience on the practicalities of setting up, building and running your practice practice management, practice building, chiropractic, chiropractor, osteopath, acupuncturist, myotherapist, physiotherapist, naturopath, alternative health practice DNA http://www.practicedna.com/wp-content/uploads/powerpress/practiceDNA.png http://www.practicedna.com How Healthy is Your Practice? http://www.practicedna.com/podcast/how-healthy-is-your-practice/ http://www.practicedna.com/podcast/how-healthy-is-your-practice/#comments Thu, 11 Apr 2013 02:57:23 +0000 Dr Matthew Holmes http://www.practicedna.com/?p=125 As practitioners we encourage our patients to take regular health checkups, and hopefully do the same for ourselves, but how often do we take the time to do a check up on the health of our practice?  It need not be as difficult as it sounds.  With 3 just numbers from your practice and 3 simple [...]

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]]> practice growth 300x300 How Healthy is Your Practice?As practitioners we encourage our patients to take regular health checkups, and hopefully do the same for ourselves, but how often do we take the time to do a check up on the health of our practice?  It need not be as difficult as it sounds.  With 3 just numbers from your practice and 3 simple calculations you can do a health check on your practice.

In this episode we discuss exactly how to go about doing a checkup on your practice, giving you the steps and what the numbers can mean for you.  Take a listen now.

Already listened?  Leave a comment below, or a voice message on the widget to the right.

Resources mentioned in the episode.

iconpractice clinic software

This episode is the audio of a blog post on Clear Health Media’s blog.  Click here for the text.

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]]> http://www.practicedna.com/podcast/how-healthy-is-your-practice/feed/ 0 business,Dr Matthew Holmes,metrics,practice,PVA,statistics As practitioners we encourage our patients to take regular health checkups, and hopefully do the same for ourselves, but how often do we take the time to do a check up on the health of our practice?  It need not be as difficult as it sounds. As practitioners we encourage our patients to take regular health checkups, and hopefully do the same for ourselves, but how often do we take the time to do a check up on the health of our practice?  It need not be as difficult as it sounds.  With 3 just numbers from your practice and 3 simple calculations you can do a health check on your practice. In this episode we discuss exactly how to go about doing a checkup on your practice, giving you the steps and what the numbers can mean for you.  Take a listen now. Already listened?  Leave a comment below, or a voice message on the widget to the right. Resources mentioned in the episode. iconpractice clinic software This episode is the audio of a blog post on Clear Health Media's blog.  Click here for the text. Dr Matthew Holmes no 10:12 Creating a Happy Fulfilling Practice http://www.practicedna.com/podcast/creating-a-happy-fulfilling-practice/ http://www.practicedna.com/podcast/creating-a-happy-fulfilling-practice/#comments Tue, 26 Mar 2013 00:08:57 +0000 Dr Matthew Holmes http://www.practicedna.com/?p=110 Creating a great practice is every practitioner’s dream.  Everyone has their own ideas about what an ideal practice is, but from a business point of view you need to create a practice that delivers a great customer experience consistently.  The key to this is systems and procedures. But rather than being the boring and tedious [...]

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]]> happy systems in your practice 200x300 Creating a Happy Fulfilling PracticeCreating a great practice is every practitioner’s dream.  Everyone has their own ideas about what an ideal practice is, but from a business point of view you need to create a practice that delivers a great customer experience consistently.  The key to this is systems and procedures.

But rather than being the boring and tedious subject that it sounds like, business systems can produce customer happiness, relaxed staff and freedom for you.  In this episode we discuss what systems are, how to create them, how they will benefit your practice as well as reveal great resources to learn more.  Take a listen now.

Resources mentioned.

Creating a Happy Fulfilling Practice Creating a Happy Fulfilling PracticeThe E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It Creating a Happy Fulfilling Practice

Paddy Lund

Sam Carpenter’s book, Work the System

Seth Godin’s Start Up School

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]]> http://www.practicedna.com/podcast/creating-a-happy-fulfilling-practice/feed/ 0 business systems,customer service,freedom,happiness,procedures,staff training Creating a great practice is every practitioner's dream.  Everyone has their own ideas about what an ideal practice is, but from a business point of view you need to create a practice that delivers a great customer experience consistently. Creating a great practice is every practitioner's dream.  Everyone has their own ideas about what an ideal practice is, but from a business point of view you need to create a practice that delivers a great customer experience consistently.  The key to this is systems and procedures. But rather than being the boring and tedious subject that it sounds like, business systems can produce customer happiness, relaxed staff and freedom for you.  In this episode we discuss what systems are, how to create them, how they will benefit your practice as well as reveal great resources to learn more.  Take a listen now. Resources mentioned. The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It Paddy Lund Sam Carpenter's book, Work the System Seth Godin's Start Up School Dr Matthew Holmes no 11:46 Business Structures for Your Practice http://www.practicedna.com/podcast/business-structures-for-your-practice/ http://www.practicedna.com/podcast/business-structures-for-your-practice/#comments Fri, 15 Feb 2013 23:49:29 +0000 Dr Matthew Holmes http://www.practicedna.com/?p=94 Determining the right business structure for your practice is important from a tax and liability perspective.  In this episode of practiceDNA we interview Shane Macfarlane from liveaccounting.com.au.  Shane is an accountant with many years of experience and he guides us through the 4 main types of business structure that you can consider.  While this episode [...]

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]]> business structures 262x300 Business Structures for Your PracticeDetermining the right business structure for your practice is important from a tax and liability perspective.  In this episode of practiceDNA we interview Shane Macfarlane from liveaccounting.com.au.  Shane is an accountant with many years of experience and he guides us through the 4 main types of business structure that you can consider.  While this episode relates to Australian law, many common law countries have similar structures so listeners from these countries will find the episode to be of benefit as well.

Determining the correct business structure for you has many implications including tax, personal liability and you ability to sell the business down the track.  While you should always seek your own professional advice, Shane gives an excellent overview of the four main ways you can structure your business so as to legally minimise your tax and reduce your personal liability in the event that your practice is sued.  While none of us like to consider the possibility of being sued, taking some steps now can save a lot of stress and heartache in the future.

So take a listen to the episode and let us know what you think.  Do you have any further questions that Shane may be able to answer?  Leave a comment or question below.

shane Business Structures for Your Practice

Shane Macfarlane
www.liveaccounting.com.au
1300 794 490 (within Australia)

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]]> http://www.practicedna.com/podcast/business-structures-for-your-practice/feed/ 0 business,business structure,company,partnership,Shane Macfarlane,sole trader,soletrader,trust Determining the right business structure for your practice is important from a tax and liability perspective.  In this episode of practiceDNA we interview Shane Macfarlane from liveaccounting.com.au.  Shane is an accountant with many years of experienc... Determining the right business structure for your practice is important from a tax and liability perspective.  In this episode of practiceDNA we interview Shane Macfarlane from liveaccounting.com.au.  Shane is an accountant with many years of experience and he guides us through the 4 main types of business structure that you can consider.  While this episode relates to Australian law, many common law countries have similar structures so listeners from these countries will find the episode to be of benefit as well. Determining the correct business structure for you has many implications including tax, personal liability and you ability to sell the business down the track.  While you should always seek your own professional advice, Shane gives an excellent overview of the four main ways you can structure your business so as to legally minimise your tax and reduce your personal liability in the event that your practice is sued.  While none of us like to consider the possibility of being sued, taking some steps now can save a lot of stress and heartache in the future. So take a listen to the episode and let us know what you think.  Do you have any further questions that Shane may be able to answer?  Leave a comment or question below. Shane Macfarlane www.liveaccounting.com.au 1300 794 490 (within Australia) Dr Matthew Holmes no 22:47 Your Practice Business Plan http://www.practicedna.com/podcast/your-practice-business-plan/ http://www.practicedna.com/podcast/your-practice-business-plan/#comments Wed, 09 Jan 2013 22:42:10 +0000 Dr Matthew Holmes http://www.practicedna.com/?p=81 Business plans can either be an asset or a liability.  Often times the figures contained in the plan are little more than guesswork and in the dynamic world of a new practice startup circumstances can often change rendering the plan obsolete. However if you are applying for funding your lender will require you to have [...]

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]]> your practice business plan 300x200 Your Practice Business PlanBusiness plans can either be an asset or a liability.  Often times the figures contained in the plan are little more than guesswork and in the dynamic world of a new practice startup circumstances can often change rendering the plan obsolete. However if you are applying for funding your lender will require you to have one.  In this episode we look in detail at a business plans providing real world examples.  Subscribers also get access to the sample documents.

Already listened?  Let us know what you think by leaving a comment below.

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]]> http://www.practicedna.com/podcast/your-practice-business-plan/feed/ 0 business plan,capital,Dr Matthew Holmes,funding Business plans can either be an asset or a liability.  Often times the figures contained in the plan are little more than guesswork and in the dynamic world of a new practice startup circumstances can often change rendering the plan obsolete. Business plans can either be an asset or a liability.  Often times the figures contained in the plan are little more than guesswork and in the dynamic world of a new practice startup circumstances can often change rendering the plan obsolete. However if you are applying for funding your lender will require you to have one.  In this episode we look in detail at a business plans providing real world examples.  Subscribers also get access to the sample documents. Already listened?  Let us know what you think by leaving a comment below. Dr Matthew Holmes no 19:11 Start Up Cash – Making Best Use of Your Start Up Capital http://www.practicedna.com/podcast/start-up-cash-making-best-use-of-your-start-up-capital/ http://www.practicedna.com/podcast/start-up-cash-making-best-use-of-your-start-up-capital/#comments Fri, 30 Nov 2012 04:50:29 +0000 Dr Matthew Holmes http://www.practicedna.com/?p=67 All businesses have one thing in common – they need cash!  Healthcare practices are no different.  You need capital on hand to buy the equipment you need to start your practice, and you’ll need money to keep things going while you build your patient base.  In this episode of practiceDNA we look at the different [...]

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]]> Startup capital 300x200 Start Up Cash Making Best Use of Your Start Up CapitalAll businesses have one thing in common – they need cash!  Healthcare practices are no different.  You need capital on hand to buy the equipment you need to start your practice, and you’ll need money to keep things going while you build your patient base.  In this episode of practiceDNA we look at the different ways you can fund your practice as you are starting out.  We then discuss the best way to put the money to work in your business.  Listen to the episode to discover more.

Already listened?  Leave us a comment or question below.  We’d love to hear from you.

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]]> http://www.practicedna.com/podcast/start-up-cash-making-best-use-of-your-start-up-capital/feed/ 0 bootstrapping,business,capital,CEO,Dr Matthew Holmes,funding,practice,practice owner All businesses have one thing in common - they need cash!  Healthcare practices are no different.  You need capital on hand to buy the equipment you need to start your practice, and you'll need money to keep things going while you build your patient ba... All businesses have one thing in common - they need cash!  Healthcare practices are no different.  You need capital on hand to buy the equipment you need to start your practice, and you'll need money to keep things going while you build your patient base.  In this episode of practiceDNA we look at the different ways you can fund your practice as you are starting out.  We then discuss the best way to put the money to work in your business.  Listen to the episode to discover more. Already listened?  Leave us a comment or question below.  We'd love to hear from you. Dr Matthew Holmes no 14:13 Choose Your Practice’s Focus http://www.practicedna.com/podcast/choose-your-practice-focus/ http://www.practicedna.com/podcast/choose-your-practice-focus/#comments Mon, 29 Oct 2012 01:45:45 +0000 Dr Matthew Holmes http://www.practicedna.com/?p=58 If you have decided to start your own practice, you may be tempted to run off and start looking for premises, designing logos etc. At that point though it pays to stop and spend some time planning your business.  One of the first things you need to do is decide do you want a general [...]

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]]> choosing your practice area 300x225 Choose Your Practices FocusIf you have decided to start your own practice, you may be tempted to run off and start looking for premises, designing logos etc. At that point though it pays to stop and spend some time planning your business.  One of the first things you need to do is decide do you want a general practice, or are you going to focus on a particular patient group or disorder?  This can guide many of the decisions that you need to make such as practice location, marketing and business name.  Listen to the podcast to find out more.

Questions?  Comments?  Please leave them below.

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]]> http://www.practicedna.com/podcast/choose-your-practice-focus/feed/ 0 Dr Matthew Holmes,marketing,niche,practice If you have decided to start your own practice, you may be tempted to run off and start looking for premises, designing logos etc. At that point though it pays to stop and spend some time planning your business. If you have decided to start your own practice, you may be tempted to run off and start looking for premises, designing logos etc. At that point though it pays to stop and spend some time planning your business.  One of the first things you need to do is decide do you want a general practice, or are you going to focus on a particular patient group or disorder?  This can guide many of the decisions that you need to make such as practice location, marketing and business name.  Listen to the podcast to find out more. Questions?  Comments?  Please leave them below. Dr Matthew Holmes no 12:11 8 Reasons Why You SHOULDN’T Start Your Own Practice http://www.practicedna.com/podcast/8-reasons-why-you-shouldnt-start-your-own-practice/ http://www.practicedna.com/podcast/8-reasons-why-you-shouldnt-start-your-own-practice/#comments Fri, 28 Sep 2012 13:03:33 +0000 Dr Matthew Holmes http://www.practicedna.com/?p=47 Starting your own practice isn’t something to be entered into lightly.  And while we are all for people starting a business (that’s the whole point of this podcast!), we hate to see people trapped by a decision that they have discovered wasn’t right for them.  In this episode we discuss some of the challenges you’ll [...]

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]]> starting your practice 300x200 8 Reasons Why You SHOULDNT Start Your Own Practice

Starting your own practice isn’t something to be entered into lightly.  And while we are all for people starting a business (that’s the whole point of this podcast!), we hate to see people trapped by a decision that they have discovered wasn’t right for them.  In this episode we discuss some of the challenges you’ll face and things you’ll have to learn if you start your own practice – just so you know what you’re getting yourself in for!

So listen to this episode now and let us know what you think using the comments section below.

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]]> http://www.practicedna.com/podcast/8-reasons-why-you-shouldnt-start-your-own-practice/feed/ 0 business,Dr Matthew Holmes,hiring,practice,processes,staff,tax Starting your own practice isn't something to be entered into lightly.  And while we are all for people starting a business (that's the whole point of this podcast!), we hate to see people trapped by a decision that they have discovered wasn't right fo... Starting your own practice isn't something to be entered into lightly.  And while we are all for people starting a business (that's the whole point of this podcast!), we hate to see people trapped by a decision that they have discovered wasn't right for them.  In this episode we discuss some of the challenges you'll face and things you'll have to learn if you start your own practice - just so you know what you're getting yourself in for! So listen to this episode now and let us know what you think using the comments section below. Dr Matthew Holmes no 10:33 How Can You Be Sure You’re Self-Employed? http://www.practicedna.com/podcast/how-can-you-be-sure-youre-self-employed/ http://www.practicedna.com/podcast/how-can-you-be-sure-youre-self-employed/#comments Thu, 06 Sep 2012 06:07:27 +0000 Dr Matthew Holmes http://www.practicedna.com/?p=37 After listening to our first episode you may have decided that being self-employed is the way for you to go.  You have to be sure though that you meet certain criteria in order to be considered self-employed by authorities such as the tax office.  In this episode we review those criteria, and offer advice on [...]

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]]> self employed checklist How Can You Be Sure You’re Self Employed? After listening to our first episode you may have decided that being self-employed is the way for you to go.  You have to be sure though that you meet certain criteria in order to be considered self-employed by authorities such as the tax office.  In this episode we review those criteria, and offer advice on how best to ensure you don’t get caught in the trap of thinking that you are self-employed while actually being an employee.

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]]> http://www.practicedna.com/podcast/how-can-you-be-sure-youre-self-employed/feed/ 0 employee,self-employed After listening to our first episode you may have decided that being self-employed is the way for you to go.  You have to be sure though that you meet certain criteria in order to be considered self-employed by authorities such as the tax office. After listening to our first episode you may have decided that being self-employed is the way for you to go.  You have to be sure though that you meet certain criteria in order to be considered self-employed by authorities such as the tax office.  In this episode we review those criteria, and offer advice on how best to ensure you don't get caught in the trap of thinking that you are self-employed while actually being an employee. Dr Matthew Holmes no 10:29 Employed or Self-employed? From both the employee and practice owner’s perspective. http://www.practicedna.com/podcast/employed-or-self-employed-for-the-employee-and-practice-owner/ http://www.practicedna.com/podcast/employed-or-self-employed-for-the-employee-and-practice-owner/#comments Tue, 14 Aug 2012 00:54:14 +0000 Dr Matthew Holmes http://www.practicedna.com/?p=12 In this first episode of practice DNA we give a quick overview of the show’s aim (to help you setup, build and run your own practice) and future topics we’re going to cover on the podcast.  We then look at self employed and employed status from both the employee and practice owner’s perspective, and discuss [...]

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]]> employed vs self employed 300x224 Employed or Self employed? From both the employee and practice owners perspective.

In this first episode of practice DNA we give a quick overview of the show’s aim (to help you setup, build and run your own practice) and future topics we’re going to cover on the podcast.  We then look at self employed and employed status from both the employee and practice owner’s perspective, and discuss which is right for you.  Either listen now or download the podcast by right clicking and selecting “Save As” on the link below.

Be sure to subscribe to the show in iTunes to get the latest episode delivered straight to your ear buds.  Questions, comments?  Leave a comment below.

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]]> http://www.practicedna.com/podcast/employed-or-self-employed-for-the-employee-and-practice-owner/feed/ 0 employee,practice owner,self-employed In this first episode of practice DNA we give a quick overview of the show's aim (to help you setup, build and run your own practice) and future topics we're going to cover on the podcast.  We then look at self employed and employed status from both th... In this first episode of practice DNA we give a quick overview of the show's aim (to help you setup, build and run your own practice) and future topics we're going to cover on the podcast.  We then look at self employed and employed status from both the employee and practice owner's perspective, and discuss which is right for you.  Either listen now or download the podcast by right clicking and selecting "Save As" on the link below. Be sure to subscribe to the show in iTunes to get the latest episode delivered straight to your ear buds.  Questions, comments?  Leave a comment below. Dr Matthew Holmes no 18:10