161FF: Overcoming Cash Flow Anxiety in Group Practices

Are you intimidated by the numbers in your cash flow spreadsheet? In this Feelings and Finances episode, Linzy answers Allison's question about managing cash flow as a group practice owner. With a focus on moving beyond the fears around spreadsheets, Linzy discusses the tools and mindset shifts needed to develop mastery over your clinic’s financial flow. Linzy walks through the key components of a working cash flow system, including a simple weekly metrics tool that helps you keep track of money coming in and out, as well as clinician performance and marketing metrics. She explains how developing a light-touch relationship with these numbers, through consistent weekly check-ins, creates familiarity and confidence in your finances. Linzy also emphasizes the importance of curiosity and presence with your numbers, and how this mindset allows you to identify issues early and make informed decisions. If you’re ready to stop fearing your cash flow spreadsheet and start confidently navigating your practice’s finances, this episode offers essential insights. For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=17313  To watch a video version of this, check it out on YouTube: https://youtu.be/7vM-N2Vu7SU  Have a question for Linzy? You can easily submit your question directly to Linzy’s SpeakPipe inbox.  Just click the “Start recording” button, allow the use of the microphone if needed and press “Stop” when you’re done. Fill in your name (yes, you can use an alias) and your email address.  It will take you less than 2 minutes, promise! Want to feel calm and in control of your finances? Connect with us! Subscribe to our YouTube channel: https://www.youtube.com/@moneynutsandbolts Listen to the Money Skills for Therapists Podcast on your favourite app: https://moneynutsandbolts.com/podcast/ Follow us on Instagram: https://www.instagram.com/moneynutsandbolts Follow us on Facebook: https://www.facebook.com/moneynutsandbolts Follow Linzy on LinkedIn: https://www.linkedin.com/in/linzybonham/ Want to work with Linzy? Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you. Click here to find a masterclass time that works for you!  https://moneynutsandbolts.com/masterclass-signup/  Mentioned in this episode: Check Out Relay for Business...