Below is a list of the clients that we have specifically design our private counseling services for; No doubt, the psychologists, social workers and marriage counselors industry is indeed a very prolific and highly competitive industry. This is true because, reliable statistics has it that the Psychologists, Social Workers and Marriage Counselors industry in the United States of America generates roughly $15 billion annually. A Business Plan is just that – planning out all the details of where you want your practice to go and what you need to make that trip a success. Our bank account numbers will be made available on our website and promotional materials to clients who may want to deposit cash or make online transfer for our services. All the papers and document has been duly signed and submitted, the loan has been approved and any moment from now our account will be credited. The business basically consists … It will enable them to be more than willing to build the business with us and help deliver our set goals and achieve all our business aims and objectives. We are well positioned to take on the available market in Smethport – Pennsylvania and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow our private counseling business and our clientele base. Ajaero Tony Martins is an Entrepreneur, Real Estate Developer and Investor; with a passion for sharing his knowledge with budding entrepreneurs. Have a therapy dog on staff? If you want to help young children overcome trauma, your goal may be pursuing continuing education in trauma-focused therapy approaches during the first 6 months of practice. Why Start a Counseling Private Practice Business? Consider these possibilities: The final (and perhaps most significant) component of your business plan? It is important to state that the industry mental health professionals who have a Doctor of Medicine (MD) degree or a Doctor of Osteopathy (DO) degree are not included in this industry. When choosing your office location, you’ll also want to make sure potential clients of your demographic can find and reach you easily. We are quite aware that to be highly competitive in the psychologists, social workers and marriage counselors industry means that you should be able to deliver consistent quality service, your clients should be able to experience remarkable difference and improvement and you should be able to meet the expectations of your clients at all times. The business plan … Install our Bill Boards on strategic locations all around Smethport – Pennsylvania. We will ensure that we work hard to meet and surpass all our clients’ expectations as it relates to their career and personal goals whenever they hire our services. Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level, Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services, Manages administrative duties assigned by the principal partners in an effective and timely manner, Consistently stays abreast of any new information on the organizations’ products, promotional campaigns etc. 5. If you want to partake in this thriving industry, you would need to obtain all the necessary licenses and certifications and then launch your own counseling private practice business. You may even need this plan if you intend to apply for a loan to fund your fledgling therapy practice. If you intend to go big by renting a place, then you would need a higher amount of capital as you would need to ensure that your employees are well taken care of. Whether you are in private practice or doing agency work- I recommend you have liability insurance. You might add more staff, gain new specialties, or become certified in additional therapy approaches. Place adverts on both print (community based newspapers and magazines) and electronic media platforms, Sponsor relevant community based events / programs, Leverage on the internet and social media platforms like; Instagram, Facebook, Twitter, YouTube, Google + et al to promote our brand. Every business faces a threat or challenge at any part of the life cycle of the business. Developing social media pages for your private practice on platforms such as Facebook and Twitter can also help you reach more people. In addition, we will also offer special discounted rates to all our clients at regular intervals. The practices and theories of psychology are highly fragmented. While you’ll likely personalize the structure of your business plan to meet the unique needs of your private practice, all business plans should include certain essential information that outlines a path to success. And it needs to have more than therapy in it… Many of us stumble into private practice … When planning your transition into a counseling private practice, you’ll want to start with a sound business plan. Again, it helps to note specific, achievable milestones along with responses to reaching these milestones. People are always looking for non-conventional ways to cure whatever illness they are suffering from which is why people that are involved in psychotherapy practice … Potential creditors may not want to take a chance on a business that doesn’t have a detailed strategy for success. As a new private counseling organization in Smethport – Pennsylvania, it might take some time for our organization to break into the market and gain acceptance especially from top profile clients in the already saturated psychologists, social workers and marriage counselors industry; that is perhaps our major weakness. Safe Refuge Private Counselors®, LLP will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare are well taken of. Welcomes clients and visitors by greeting them in person or on the telephone; answering or directing inquiries. The age groups or populations you generally work with, Special skills that enhance your practice (Are you bilingual? Responsible for developing and managing financial systems and policies, Ensures compliance with taxation legislation, Handles all financial transactions for Safe Refuge Private Counselors®, LLP. Whether you are a sole practitioner, a group practice or part of a major company, you need a plan We know a business plan can be intimidating, but as Your Private Practice … It may help to consider how many sliding-scale clients you can take on at a time. Below are the platforms we intend to leverage on to promote and advertise Safe Refuge Private Counselors®, LLP; Generally counseling and consulting services are billed on per hour billing rate and flat fees on a weekly or monthly basis as it applies. The description of your private practice can be a general overview of your business. Valant takes a look at the components of a business plan and translates it into an easy-to-use framework for both mental health professionals looking to start their own private practice and those looking to … 2. Sustainability and Expansion Strategy, and sports people both in the United States of America and Canada. Our target market as a private counseling firm cuts across people of different class and people from all walks of life. Although there are competitions at various levels in the industry, but if you are able to come up with a good business strategy, you are sure of getting your own fair share of the available market in the industry. This is why we are committed to only hire the best hands within our area of operations. One major benefit of group practices is the ability to spread administrative costs across several practitioners. If you are qualified and well positioned, you can get your own fair share of the available market in the industry and smile to the bank on a regular basis. Defines job positions for recruitment and managing interviewing process, Carries out staff induction for new team members, Responsible for training, evaluation and assessment of employees, Responsible for arranging travel, meetings and appointments. Our intention of starting our private counseling business is to help our clients overcome their challenges, achieve their personal goals and improving their competence, capacity and productivity and of course to also make profits from the psychologists, social workers and marriage counselors industry and we will do all that is permitted by the law in the US to achieve our aim and business goal. Advertise our life private counseling firm in our official website and employ strategies that will help us pull traffic to the site. Experts project the industry to grow at a 3.4 percent annual rate within 2011 and 2016. The Psychologists, Social Workers and Marriage Counselors industry is a thriving sector of the economy of the United States of America and they generate a whooping sum of well over $15 billion annually from more than 141,495registered and licensed Psychologists, Social Workers and Marriage Counselors scattered all around the United States of America. A recent report published by IBISWORLD shows that the Psychologists, Social Workers and Marriage Counselors industry has a low level of concentration, with the majority of firms employing less than five people and no industry firm accounting for more than 1.0 percent of total industry revenue. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner of our business strategy. You will need to decide on a fee structure and a billing policy and know your accounting requirements. We will ensure that we hire professional and certified psychologists, social workers and counselors with various skills set who are well experienced and passionate in helping our clients achieve their personal goals within record time. These are part of what will count as a competitive advantage for us. Sources of information • APS Fundamentals of Private Practice Course (2011) • Starting a Private Practice in Psychology or Counselling – Sydney University (2011) • Australian Government Business Information; www.business.gov.au • Australian Business … Safe Refuge Private Counselors®, LLP might be a new private counseling firm in Smethport – Pennsylvania, but the management team and the owner of the business are considered gurus in the industry. Attend relevant educational expos, seminars, and business fairs et al. He is the Executive Producer @JanellaTV and also doubles as the CEO, POJAS Properties Ltd. Making a plan for your private practice gives you the opportunity to identify important points to consider for any small business, including finances, goals, and potential barriers to success. These goals should stretch you … Safe Refuge Private Counselors®, LLP will generate income by offering the following private counseling services; One thing is certain, there would always be corporate organization and individual who would need the services of psychologists, social workers and marriage counselors in other for them to overcome their challenges and achieve their personal goals and also to enable them become peak performer in the career and in their family life. As a standard private counseling organization, we are ready to take advantage of any opportunity that comes our way. Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of development projects. Group practices are increasing in number, but these are not large operations either. Your mission and vision statement communicates the purpose of your private practice. Develop a business plan. How Much Does It Cost to Post a Legal Notice in the Newspaper? Fewer legal and tax formalities compared to setting up a partnership or company, and therefore cheaper. Lastly, as a private counselor, the key attributes needed to be able to make good success from the trade is patience, enthusiasm, passion about the specific area to be handled, and constant positivity. Here, we go over several essential elements to include and offer some tips to consider as you begin creating your own business plan. Social media pages can also make it easier for potential clients to contact you, since they can send messages directly from your practice page. The industry is responsible for the employment of well over 231,393people. Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs. Some of the threats that we are likely going to face as a private counseling organization operating in the United States of America are unfavorable government policies that might affect business such as ours, the arrival of a competitor within our location of operations and global economic downturn which usually affects spending / purchasing power. We want to position Safe Refuge Private Counselors®, LLP to become one of the leading private counseling brands in the industry in the whole of Smethport – Pennsylvania, and also to be amongst the top 10 private counseling firms in the United States of America within the first 5 years of operations. It is important to state that there is no single organization that has a lion share of the available market in the Psychologists, Social Workers and Marriage Counselors industry. Safe Refuge Private Counselors®, LLP is a professional and licensed private counseling firm that is specialized in helping her clients over life challenges, achieve their personal goals and improving their competence, capacity and productivity. Okay, so we have considered all the requirements for starting a counseling private practice. Safe Refuge Private Counselors®, LLP engaged the services of a core professional in the area of business consulting and structuring to assist our organization in building a well – structured private counseling business that can favorably compete in the highly competitive psychologists, social workers and marriage counselors industry in the United States and the world at large. Being a good clinician is not enough. As a result of this, Safe Refuge Private Counselors®, LLP will charge our clients flat fees except for few occasions where there will be need for us to charge special clients on hourly basis. Every month, GoodTherapy will send you great content, curated from leading experts, on how to improve your practice and run a healthier business. Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities. The materials and equipment that will be used are nearly the same cost everywhere, and any difference in prices would be minimal and can be overlooked. Keep things professional, but take this opportunity to personalize your description and make yourself more relatable. These costs might include: Once you’ve determined your monthly (or annual) operating costs, you’ll need to calculate the minimum amount of income you need to support yourself and keep your practice in business. For example, you might mention, “In 2 years, I hope to be seeing 20 clients each week. So, if you have decided to start a counseling private practice business in the United States, then you should make sure that you carry out thorough feasibility studies and also market survey. Trusted by thousands of mental health professionals just like you. Thanks for requesting more information. The expenses of private practice. First, you’ll want to calculate your operating costs, or expenses. Within the geographical area designated as the service area for this business plan, the … Serves as internal auditor for Safe Refuge Private Counselors®, LLP. Use those hours to network and meet with potential referral sources, plan new marketing strategies, or make yourself available in your community. How Much Does It Cost to Have Three Phase Power Installed in USA? Do more than therapy in your psychology private practice . If you’ll need some income to get it started, also note your strategy for obtaining these funds. For instance, cognitive and behavioral psychologies have developed in isolation from each other. No doubt, the opportunities in the psychologists, social workers and marriage counselors  industry is massive considering the number of individuals and corporate organizations who would want to overcome their challenges and achieve their goals and to perform excellently well in their jobs and personal life. Safe Refuge Private Counselors®, LLP is established with the aim of maximizing profits in the psychologists, social workers and marriage counselors industry and we are going to go all the way to ensure that we do all it takes to attract clients on a regular basis. This can help boost your website’s ranking in Google and other search engines. If YES, here is a complete sample psychological counseling private practice business plan template & feasibility report you can use for FREE. For example, instead of saying “I work with children of all ages,” consider “I see clients of all ages but specialize in working with teenagers who have ADHD, learning difficulties, problems in school, or behavioral issues.” Consider your skill set and think about the help you, specifically, can provide. This is the major reason why the services of private counseling firms will always be needed. Our sales and marketing team will be recruited based on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of Safe Refuge Private Counselors®, LLP. Are you about starting a counseling private practice? Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category (startups private counseling businesses in the United States) in the industry. Do Market Research. Your primary goal, when starting your therapy practice, is probably to help people. As your circumstances change, so might the needs or goals of your practice. They can be either detailed or more general. Safe Refuge Private Counselors®, LLP is a professional and licensed counseling (private practice) firm that is specialized in helping her clients overcome their challenges and achieve their personal goals and improving their competence, capacity and productivity. These are the areas we intend generating our start – up capital; N.B: We have been able to generate about $50,000 (Personal savings $35,000 and soft loan from family members $15,000) and we are at the final stages of obtaining a loan facility of $100,000 from our bank. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop. Our business will be located in – between a well – populated residential estate and a business district in Smethport – Pennsylvania, United States of America. Copyright © 2007 - 2020 GoodTherapy, LLC. Researching nearby therapists can provide a clearer picture of a specific location’s needs. We will also ensure that our clients’ overcome their challenges in record time; we want to build a standard and first – class private counseling business that will leverage on word of mouth advertisement from satisfied clients (both individuals and corporate organizations). Once you’ve found an ideal location, you’ll need to consider marketing strategies, another key component of market research. The basic market need is private practice setting . Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations. It can’t be over emphasized that the demand for the services offered by the private counselors grows when public confidence declines and people’s ability to handle the issues on their own wanes. Principal Partner / Chief Executive Officer, Psychologists, Social Workers and Marriage Counselors. At Safe Refuge Private Counselors®, LLP we will keep our fees below the average market rate for all of our clients by keeping our overhead low and by collecting payment in advance. A business plan is simply roadmap that outlines how you will grow your practice. 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