The Podcast

BEV JESSUP

# 3 :
Pricing your services as a speech therapist in private practice

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Pricing your services as a speech therapist in private practice

Today we're going to talk about pricing your services as a speech therapist in private practice. And I think the danger is sometimes that we look around and see what others are charging, and either charge the same or we undercut them.

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STEP 1:

So the first thing I would want to say is

Don't undercut your competitor

. I know that people think Well, I can go on the web, I can see what so and so is charging, Or maybe I can ask. my friend who is also a speech therapist in private, practices what they're charging and, you know, I'll do the same sort of thing. Or maybe charge a little bit less

STEP 2 :
don't look at what your insurance companies are charging or what others say. Maybe locum agencies were charging, is under the market value.


STEP 3

. Okay, So, first of all, I want you to write down your annual take-home salary.

STEP 4

Now , what I want to do is add 30% . So that is all the expenses


STEP 5
Now, I want you to think about the number of weeks that you're going to be working

STEP 6


And then you need to think about how many clients you want to have in that week.

STEP 7

OK, Now, I would like to encourage you to add another 10% which is profit on top of that

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