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Opening a Business Checking Account in Private Practice

Opening a Enterprise Checking Account in Non-public Observe

Business



Opening a Enterprise Checking Account in Non-public Observe

FREE Information: Begin a Non-public Observe in Counseling:
https://tinyurl.com/y9ek9en8

Video: Must you be a Sole Proprietor or LLC?

Do you know there’s such a factor as a enterprise checking account? Why wouldn’t everybody simply use their private banking account in personal observe? On this video I am going over the advantages of a enterprise checking account in personal observe and stroll you thru the method of opening one.

This video is geared for therapists of all types, together with psychologists, MFTs, LPCCs, social employees, and others within the scientific counseling area.

Welcome to Non-public Observe Abilities! I’m Dr. Marie Fang, psychologist in personal observe. I publish movies providing instruments I realized the onerous means about beginning and rising personal observe so that you just don’t must.

www.privatepracticeskills.com
Fb: www.fb.com/PrivatePracticeSkills/
Insta: PrivatePracticeSkills

Music Credit score:
“Blue Sky” by Ikson

This video will not be supposed as skilled or authorized recommendation. Remember to search the companies of knowledgeable in case you are in want of them.

So, enterprise checking accounts? Is that even a factor? Yep! Once I first began out, I didn’t know something about enterprise financial institution accounts, however fortuitously my husband nudged me to open one. And I’m so glad I listened to him!

Should you’re scratching your head questioning “Why do I must undergo the effort of opening a enterprise checking account?” This video is for you! It’s not as sophisticated as you may assume.

First, what’s the distinction between a private checking account and a enterprise checking account?

Private Accounts and enterprise accounts function very equally. The principle distinction is enterprise accounts require proof of your small business to open one. Relying on the financial institution, they could require proof of a metropolis enterprise license or your EIN.

Second, is it required that therapists in personal observe have a enterprise checking account?

The brief reply is It is dependent upon what enterprise entity you selected. Should you’re not acquainted with enterprise entities, I’ve a complete video on the subject. It’s necessary to type that out first earlier than attending to this step.

Briefly, sole proprietors will not be required to have a separate enterprise account, whereas all different enterprise entities are required to maintain their enterprise funds fully separate. Nevertheless, even should you’re working as a sole proprietor I like to recommend you retain your funds in a separate enterprise account.

Listed here are a number of the superior advantages of getting a enterprise checking account in personal observe:
1. Simply hold monitor of your money circulate. I don’t find out about you, but when I dumped all my enterprise earnings and bills into my private checking account, I’d have a extremely robust time conserving monitor of what cash was going out and in of my enterprise. Having a separate account makes bookkeeping a heck of rather a lot simpler!

2. Keep on prime of what bills you may deduct from taxes. Yep that’s proper. Most of your bills in personal observe will be deducted out of your taxes. WIN! So why threat doubtlessly lacking out on a few of these deductions when you may hold monitor of all of them in a separate account?

3. Have an superior paper path for the IRS in case you ever get audited. Even should you’re a sole proprietor, you will get audited by the IRS. Although I want it didn’t must occur to anybody, having a separate account makes it straightforward to point out the IRS these bills you deducted for your small business.

4. Reap the advantages of sure enterprise accounts. Having a enterprise checking account could make it simpler to qualify for enterprise loans, and there are some nice enterprise bank cards obtainable providing money again for sure classes you is perhaps spending extra on for your small business.

5. Make it simpler to guard your private property in a lawsuit. If you’re a sole proprietor, your private property are in danger, even in case you are sued for one thing that occurred inside your small business. Nevertheless, it’s greatest to have your bases lined by making it straightforward to see the place your small business ends and your private property start in case this may give you some safety in a lawsuit.

6. Have your workplace tackle listed on checks as an alternative of your own home tackle. This might sound minor, but it surely appears way more skilled to make use of enterprise checks. Should you pay on-line with a enterprise credit score or debit card, you should utilize your small business tackle as your billing tackle, serving to hold your small business and private life additional separated.

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How to Rank in Google | Boost your SEO in Private Practice

How to Rank in Google | Boost your SEO in Private Practice

SEO



How to Rank in Google | Boost your SEO in Private Practice

FREE Guide: Start a Private Practice in Counseling:
https://tinyurl.com/y9ek9en8

So you saw the title of this video and you’re like, “What is SEO?” Ahhh! Don’t worry, you don’t have to spend hours learning everything about SEO, you just need a few minutes using a free tool to know everything you need to know about SEO for your website.

Neil Patel’s SEO Analyzer Tool:
https://neilpatel.com/seo-analyzer/

Build a Website:

Find Your Niche:

Find Keywords:

This video is geared for therapists of all kinds, including psychologists, MFTs, LPCCs, social workers, and others in the clinical counseling field.

Welcome to Private Practice Skills! I’m Dr. Marie Fang, psychologist in private practice. I post videos offering tools I learned the hard way about starting and growing private practice so that you don’t have to.

Facebook: www.facebook.com/PrivatePracticeSkills/
Insta: PrivatePracticeSkills

Music Credit:
“Fresh” by Ikson

This video is not intended as professional or legal advice. Be sure to seek the services of a professional if you are in need of them.

I know as therapists we get such a bad rap for not being tech-savvy. I mean, up until about 5 years ago, most therapists didn’t even have a website.

But you don’t have to do extra coursework to know what you need in order to have a website that your ideal client can find through a simple Google search.

First, what is SEO?

SEO stands for search engine optimization. That’s just a fancy phrase that means when someone builds a website, it doesn’t mean Google and other search engines automatically understand what your website is about. SEO is what we build into our websites to make it easier for people to find us in a Google search.

So, in order to build your website’s SEO, you need to do a couple of things beforehand. First, you have to have your website set up, which involves knowing your niche and your keywords as well. If you need help with any of those items, I’ll scroll links to those videos up here or you can find them in the description box.

Once you have your website set up with your keywords, you are ready to analyze your website’s SEO.

Before I discovered this tool, I went through so many hoops to try to optimize my SEO. I took online courses, listened to podcasts about SEO, and even paid a professional to sift through my website and optimize the SEO. However, even after all of that I was still showing up on the bottom of the second page of search results for my targeted keyword.

I put in endless hours of work and it was SO frustrating. Let me save you from that heartache! I found a tool and after spending about 30 minutes on my website’s SEO, I’m ranking just beneath my top competitor for my primary keyword. Here’s how I did it:

Neil Patel has a completely free SEO analyzer tool.

Start by visiting neilpatel.com, scrolling to the bottom, hovering over “tools,” and selecting the SEO analyzer. You can also find the link in the description.

Then, type in your website address. It takes a moment to analyze the homepage of your website. It will give you an overall score based on errors and warnings and it will also check out how quickly your page loads.

As your scroll down, the analyzer will give you feedback about how to improve your page’s SEO. Take a little time to follow the various recommendations and correct any errors or warnings on your page.

Backlinks are an important aspect of SEO, but I’ll save that information for another video in the future.

The Keywords section of the page is incredibly important. This reflects the words that Google thinks your website is about. You want these words to reflect things you think your ideal client will be typing into a search engine. If the keywords listed here are just your name and factors unrelated to your specialties, then your ideal client will not be able to find you in a Google search.

Keep scrolling down and check out the recommendations. As you can see, there are a few recommendations I still need to develop on my own website. This list gives you a nice to-do list that you can tackle in your own time.

Lastly, you can compare your website to other therapists. I won’t single anybody out in this context, but you can see how your website fairs against others who are ranking for similar keywords.

Okay, that may have felt like a lot of information coming at you, but all of it is contained cleanly in that analysis page and you can rewatch this video as many times as you need while you update your website.

If you make changes to your website’s SEO, give search engines two or three weeks to update your search rankings. Circle back to this tool a couple of weeks later and see if there are more updates you can make to improve your scores.

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