Do you Understand Your Financial Model matters because it changes what a BCBA notices when decisions have to hold up in clinic sessions and day-to-day service delivery. In Do you Understand Your Financial Model, for this course, the practical stakes show up in service continuity, accurate reporting, and defensible clinical decisions, not in abstract discussion alone.
Provider: BehaviorLive — via Council of Autism Service Providers
Take This Course →Including ethics, supervision, and topics like this one. New live CEU every Wednesday.
Join Free →Many ABA providers are fantastic clinicians but if they really looked in the mirror are not great business manager, or really know the finances of their own business. However, the core business model of clinic based services is fairly straightforward and from a financial standpoint can be controlled and monitored to be financially sustainable (profitable) by watching a few key measures that you don't even need a P/L statement for. Many provider-business owners struggle with the financial planning of their businesses. If your company is not financially sustainable, you cannot provide treatment sustainably. How can you predict, before even opening the doors of a new location or your first location, whether or not you can run a financially sound, sustainable business? Where do you even start to understand what financial sustainability might look like? How do you calculate those numbers to secure a loan? It doesn't take much to build a financial model for your average clinic structure to understand if your plans will work. Is the rent affordable? What it does take is a little education and perhaps some spreadsheet wizardry. Attendees will leave with an understanding of what goes into a basic financial model and a template on how to create one for an existing business or a startup.
| Certification Body | Credits | Type |
|---|---|---|
| BACB® | 0 | — |
| APA | 0 | — |
| COA | 1 | — |
Corey Wolff is co-founder of Wolff & Phan Autism Center and also serves as the CFO. He obtained his Master in Business Administration from Weatherhead School of Management at Case Western Reserve University. He is also the Executive Vice President at Wolff Bros, Inc. Graduated from the US Military Academy at West Point and serving in the United State Army for 13 years. He is the proud father of three girls and an even prouder husband to his wife, Kim Wolff. In his spare time, is a bee keeper, outdoors man, 3d printing enthusiast, closet nerd, and consults to other entrepreneurs and managers as a occasional business consultant.
Dig into the research behind this topic — plain-English summaries written for BCBAs.
280 research articles with practitioner takeaways
279 research articles with practitioner takeaways
239 research articles with practitioner takeaways
You earn CEUs from a dozen different places. Upload any certificate — from here, your employer, conferences, wherever — and always know exactly where you stand. Learning, Ethics, Supervision, all handled.
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All behavior-analytic intervention is individualized. The information on this page is for educational purposes and does not constitute clinical advice. Treatment decisions should be informed by the best available published research, individualized assessment, and obtained with the informed consent of the client or their legal guardian. Behavior analysts are responsible for practicing within the boundaries of their competence and adhering to the BACB Ethics Code for Behavior Analysts.