Hiring a practice manager is profitable
Find out how many practices have practice managers and how much those practices earn.
Numbers don't lie. On average, practices that employ managers earn more money than practices that don't. Whether these high-flying practices earn more revenue from their manager or because they're just great practices is for you to decide. Either way, there's no reason you shouldn't be great, too.
ILLUSTRATION BY GLENN REID
Consider our most recent survey data on hiring managers, manager duties, and revenue at practices with or without managers. Then make up your own mind. Can you afford to hire a manager? Can you afford not to?
What practice managers do
Practice owners told us what their managers did for them. Tasks ran the gamut from managing clients to developing mission statements. If you hire a manager—or have one—think about what he or she could do for you.
