It seems logical that the next step for any solo practice is to continue to grow.  That might mean simply adding more clients/patients, but it might also mean taking on a new intern or partner.  Growth can be exciting but also nerve-wracking.  Read on for the pros and cons of each pathway.

Credits

Note:  This post is based on "Should I grow my private practice?" by Anthony Centore, posted on the American Mental Health Counselors Association blog.

Option #1: Remain a Solo Practice

Some of the pros include the fact that operational costs are pretty low, and the income you can earn is plenty for one person to thrive on.

But for the cons, keep in mind that your paycheck is completely dependent on your ability to see clients.  Something as simple as taking a week off for illness or vacation means a significant loss of money.

Option #2: Bring on a Partner or Intern

The biggest benefit with this option is that you are sharing the workload, especially the tedious administrative work which no one enjoys.  Plus, there is something to be said for having a coworker you see often and can compare notes with.  Working alone can often lead to a lonely workday, not to mention second-guessing your decisions because you have no one to bounce ideas off of.

But of course, there are downsides as well.  There's added complexity involved in taking on a new person, especially if they do not work out long-term.  You also might feel like you don't have complete power over your business decisions, which can be a little jarring if you are used to unilaterally making decisions.

Final Thoughts

Ultimately the decision is up to you as the business owner.  Just make sure that at all times, you protect yourself and your assets with sound legal advice.

And, whether you are a solo therapist, or work with other staff, Behavioral Health Connection is here to help!