Track Your Practice’s True Profit—Not Just Revenue

Why Knowing the Difference Matters More Than You Think

As a chiropractor, it’s easy to associate a busy clinic or rising monthly revenue with success. But there’s a crucial distinction many practice owners overlook: revenue is not profit.

Revenue is the total amount your clinic brings in before anything goes out—before payroll, rent, supplies, taxes, insurance, or student loans. It’s exciting to see that number climb, but it doesn’t tell you how much you're actually keeping.

Your real profit—your take-home income—is what’s left after all business expenses are paid.

The Problem with “What’s Left Over” Thinking

Most chiropractors follow what’s called the “bank balance” method—check the account balance, spend what’s needed, and hope there’s something left at the end of the month.

This approach leads to:

  • Inconsistent income for you

  • Overlooking hidden expenses

  • Being unprepared for tax season

  • A general sense of, “Where is all my money going?”

Consider the Profit-First Approach

The Profit First approach flips the script: Instead of treating profit as what’s left over, you intentionally set it aside first.

Here’s a simplified version for your clinic:

  1. Revenue comes in.

  2. You immediately allocate percentages to:

    • Profit (yes, first!)

    • Owner’s Pay

    • Taxes

    • Operating Expenses

Even small percentages add up over time and build the habit of separating what’s yours from what runs the business.

For example:
If your monthly revenue is $30,000, and you allocate just 5% to profit, that’s $1,500/month going directly to your future cushion or goals. Over a year? That’s $18,000 in intentional profit—not mystery leftovers.

How a Bookkeeper Helps You Track the Real Numbers

At Easy Seasons Bookkeeping, I help chiropractors, health service providers, and other businesses:

  • Separate personal income from business operating costs

  • Create a simple profit strategy—even if you're not using Profit First formally

  • Track meaningful numbers like net profit, owner’s compensation, and effective tax rate

  • Finally see where your money goes—without overwhelm

Start Treating Your Practice Like a Profitable Business

It’s time to stop guessing and start measuring your true financial health. When you track profit on purpose, you build a stronger, more resilient clinic—and a more supported life outside of it.

Let’s talk about how to track your real profit with clarity and ease.
Schedule a free discovery call today!

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