Practice management

Practice administration

• Recent court decision puts independent contractor arrangements under the microscope

  Federal court ruling has made it harder for organizations to classify workers as independent contractors

• The Corporate Transparency Act: What psychologists with corporations or LLCs need to know

  What psychologists with corporations or LLCs need to know

• Choosing the Best Legal Structure for Your Practice

  Choosing the right legal structure for your practice—whether a sole proprietorship, partnership, corporation, or LLC—can shape everything from your liability to your taxes.

• Renting vs. Buying Office Space: Pros, Cons and Tips

  The pros and cons of renting or buying office space, such as flexibility, maintenance, equity and landlords.

• Hiring Administrative Staff: A Basic Overview

  How to assess your administrative needs, write a job description, determine pay and benefits, advertise the position and hire staff.

• Put It in Writing: Your Office Policies and Procedures

  Your practice policies and procedures manual should address organizational mission and structure, administrative procedures, facility management, client record policies, human resource issues and workplace health and safety.

• Are You Protected? Insuring Your Office Practice

  Unexpected and often uncontrollable events have the potential to threaten your practice and your financial future. This article outlines some of the insurance options, including professional liability and other types of coverage, that practitioners should consider.

General business strategy

• What to look for in an office

  Consider these six questions when you’re searching for your practice’s first office space.

Creating a professional will

• Why you need a professional will today

  Act now to prevent chaos for your practice and your patients after your death or an incapacitating injury or illness.

• Sample professional will and additional resources for practitioners

  Tools and resources from the APA Practice Organization to help you create a professional will, including a sample professional will, further instructions and considerations in preparing a professional will, and Information for Professional Executor: Files, Passwords and Contacts List.

• Further Instructions and Considerations in Preparing a Professional Will

Closing your practice

• Closing a Practice

  This article outlines key considerations and practical steps to help psychologists wind down a practice responsibly and effectively

Career development

• Employment Options: Practitioners Find Balance, Opportunities in Part-time Jobs

  In this article, three practitioners discuss the rewards and challenges of holding one or more part-time positions. The article concludes with tips for handling part-time employment.

Market trends and opportunities

• A Framework for Evaluating New Practice Opportunities

  In evaluating new opportunities for your practice, consider things like your practice, the environment, the target market and the competition.