
#45: BEWARE OF EXPENSE CREEP AS YOU GROW
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Expense creep is sneaky—and it’s probably happening in your chiropractic business without you even realizing it! In this episode, I’m breaking down exactly how expense creep happens, why it drains your profits, and the steps you need to take to prevent it. If your revenue has been increasing but your bottom line isn’t growing with it (or worse, it’s shrinking), this episode is 100% for you.
Join my FREE Facebook Group: FINANCIAL ALIGNMENT FOR CHIROPRACTORS
Resources Mentioned:
- Episode 41: 3 Ways to Track Expenses
- Dr. Jodi Dinnerman: Staffless Practice
Helpful Resource: Free Estimated Tax Guide
Email me with any questions you’d like answered in future Q&A episodes!
Recommended payroll software (affiliate links):
ADP
GUSTO
QuickBooks Online is my go-to accounting software. Get an amazing discount (30% off for 6 months) when you buy with my affiliate link below.
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My favorite budgeting app w/ an amazing free version:
EVERY DOLLAR BUDGETING APP
My preferred business credit card with cash rewards (affiliate link):
If you have healthy behaviors around spending with a credit card, this is a great one to use and earn cash back. It also links up well with QuickBooks Online. If you have unhealthy spending habits with credit cards, please avoid using one! You need to be able to pay it off monthly and not carry a balance. I use this one for my business and it makes paying bills simple.
CAPITAL ONE BUSINESS CREDIT CARD
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Disclaimer: This content is for educational and informational purposes only. Please consult with an accounting professional for direct advice based on your specific business situation.