S4 EP01 Working Out Your Hourly Rate

Season 4: Money, Pricing, Profit, and Paying Yourself

Welcome to this episode of Treat Your Business podcast, where we are going to start working out your hourly rate.

I created this episode based on a great call that I actually had, this morning, I was going to talk about something completely different, and I thought now I'm going to talk about this because it's really relevant right now in our industry with the economic challenges that we're going through.

We are surrounded by reasons and evidence that suggests our hourly rate should be low, and I'll give you an example of this "The NHS provides a service on a lot of our services for free", people think that they they can go and get what we provide for free in a service. So we've got that in the back of our mind.

So to explore this further, in todays episode I'll be covering:

Why you need to start working out your hourly rate. We work with insurance companies who think we are worth 35 pounds. When I first launched my business eight and a half years ago, I made the decision that I was going to run a business. An example from a physiotherapist who is overcharging her patients. Why you need to know your hourly worth -. The importance of understanding your hourly wage. The opposite ends of the spectrum are easy to know, the middle value is harder.Treat Your Business podcast is proudly sponsored by Klatch: Results-driven marketing built for healthcare companies. Unlock sustainable growth and maximise ROI with data-driven digital marketing tailored to your business, backed by patient tracking software from search to revenue.

Find out more at https://www.klatch.co.uk

Resources & Links:

Subscribe to our Channel on Youtube: https://www.youtube.com/@thrivebizcoach?sub_confirmation=1

Website: https://Thrive-businesscoaching.com