In this solo episode of the Delivering WOW Podcast, I explore whether or not practice owners should share numbers and even personal expenses with their team.
Sharing practice numbers with certain team members is a great way to increase trust. And, also can empower the people you work with every day. After all, when more people in your team are aware of the numbers it makes it easier to reach new milestones. And therefore it becomes easier to smash goals and even grow your practice.
However, knowing which team members to share this valuable information with and what numbers you should share with them can be difficult. Listen in to discover what numbers to share with your team. And, learn how sharing numbers with certain team members can help increase profits.
In this episode, I discuss:
- Why you should share your practice vision and numbers with your team
- The role of an office manager
- Important practice numbers to share with your team
- How to calculate your practice’s profits and manage your cash flow
- Tips to help hold your team accountable for meeting practice goals
- Why you should share a percentage of profits with your team
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Watch a short trailer for this episode below: