If you are ready to make the leap from sole-provider to multiple-providers, then congratulations!  But we know it can also be a little scary.  Read on to see five things to consider before you take the plunge and hire your first therapist.

Disclaimer:  This post is meant for informational value only, and should not be taken as legal advice.

1. Write a Business Plan

If you don't already have one, you should definitely write one before taking on a new therapist.  A business plan is a document which summarizes the objectives of a business, and details plans, budgets, etc, for how those objectives are to be realized.  You update it as your objectives change, so it is always current.  Every business needs one, as it is a roadmap to the success of your practice.

2. Consider Changing Your Practice Name

This is especially true if your practice name is simply based on your own name.  Once you take on more than one therapist, it may be beneficial to pick a name which indicates you are a group, rather than an individual.  You need not file for a new LLC, but instead file for a "DBA" or "Trade Name" for your new business name.  That way all of your bank accounts, insurance, etc, can still be attached to your LLC.  If you go this route, you do need to update all those other services of your new trade name.

3. Use Behavioral Health Connection as Your EHR

Our powerful EHR/EMR software solution is ideal for practices with more than one therapist.  In fact, we can handle multiple user types throughout your agency, from receptionist supervisor.  Contact us today to schedule a demo, or try us out for free for 30 days, no credit card required!

4. Hire an Accountant and/or Lawyer

Suddenly the finances of your business may get more complicated with a new employee or partner.  While you can certainly manage your accounting by yourself, it is always a good idea to enlist the help of an accountant.  On the same note, if you do not already have a relationship with a legal consultant or lawyer, this may be a good time to consider forming one.

5. Consider a New Location

Your current office (if you have one) might be too small to take on a new therapist.  You should consider new options at this time-- subleasing from another agency, renting a larger space, even buying a new space outright.  This is certainly a judgement call you must make yourself, as every practice is different.  Just know that if you do need to change locations, plan head for further expansion as well.

If there is anything Behavioral Health Connection can do to help, please don't hesitate to contact us!