Private Practice
MBA
NOW OPEN!
The Private Practice MBA is now accepting students
Registration Closes 3 July 2023
Tired of the mundane and feeling like you’re in a constant cycle of unfulfillment?
You’re not alone.
Many practitioners have big aspirations and dreams but lack the support and guidance necessary to achieve them. It’s time to break free and become the successful practice owner you’ve always envisioned.
And the Private Practice MBA Online Program is finally here – ready to accept students.
Our 12-month program offers personalised attention that will help you not only break through your barriers but thrive in every aspect of your life.
The Approach
Our tailored approach is focused on your unique strengths, challenges, and aspirations to provide you with strategies and tools to achieve stability and ensure sustainable growth.
This online coaching program is designed exclusively for ambitious practice owners like you who are ready to unleash their full potential. We provide the support and guidance necessary for you to achieve extraordinary success.
If you’re determined to take your practice, team, and personal growth to new heights, this is the place for you.
Join us on Wednesday 5 July 2023, for the start of a transformative journey that will empower you to conquer your limitations and attain unparalleled success.
Don’t wait, join today and take the first step towards an exceptional future.
You will have myself and Natasha Ace from Private Practice Alliance.
We are a combined powerhouse of experience and we know how to run profitable businesses
About Kaye Frankcom
Kaye is the “go to” person for her profession of psychology.
Kaye combines business smarts and leadership in her role as a business coach and supervisor to the mental health professions. She ran a successful group psychology practice in Melbourne for 17 years and sold it. She has written two books on private practice.
Kaye has been in health regulation, wrote the Private Practice Management Standards for Private Psychology and is a Fellow of the APS. She has been involved in senior roles in PHNs, Local government and is a Graduate of the AICD.
She works as a business coach with small and large psychology practices across Australia as a mentor and coach and is an Associate Professor of Psychology at Deakin University.
About Natasha Ace
Natasha Ace is the founder of Private Practice Alliance, where she helps private practice owners develop their dream practice and make a profit. She also provides administrative services for private practice practitioners, together with her team, when she opened Ace Private Practice.
With an experience spanning 20 years of establishing practitioners in private practice and working with thousands of psychologists, she has been the go-to person for private practice owners who need help around strategy, administration, contractor, and client engagement.
As an MBA holder with decades of exposure to different private practice scenes, she understands all aspects of managing and running a business and making a profit.
Weekly Schedule
For the next 12 months, we work together and meet once a week.
Weekly Schedule:
We meet every Wednesday, 12pm – 1pm AEST.
If the dates fall under a public holiday, we will inform you of changes.
- Week 1: We will have an in-depth discussion of the topic of the month.
- Week 2: Get tips from Natasha Ace, MBA and Kaye Frankcom, Clinical Psychologist.
- Week 3: A guest mentor discusses more about the topic assigned for the month.
- Week 4: Implement the lessons learned from the past 3 weeks with your group.
Monthly Topics
Leadership
July
The focus here is on developing effective leadership skills and management techniques. Students learn about different leadership styles, motivation, team building, and conflict resolution to become successful managers and leaders in various organisational settings.
Outcome of this month: Understand your leadership style and ways to integrate it into your management.
Finance
august
The focus here is on developing effective leadership skills and management techniques. Students learn about different leadership styles, motivation, team building, and conflict resolution to become successful managers and leaders in various organisational settings.
Outcome of this month: Create a budget and learn ways to use the budget that allows for the application of financial literacy.
Operations
September
This topic focuses on the efficient management of operations. Students learn about process improvement, room utilisation, and demand forecasting to ensure smooth operations and client satisfaction.
Outcome of this month: establishing systems that minimise wastage and maximise efficiency.
Governance
October
This area focuses on the principles and practices of governance, ethical decision-making, and social responsibility. Students learn about ethical frameworks, accountability, and the importance of responsible business practices in the modern world.
Outcome of this month: Create a governance model that allows for sustainability and accountability
Strategy
November
This topic explores the development and implementation of strategic plans to achieve long-term organisational goals. Students learn how to analyse the competitive landscape, identify opportunities, and make informed decisions to create sustainable business strategies.
Outcome for this month: Solidify your mission, vision and values and tie those principles into your business strategy
Risk Management
December
This module emphasises the skills required to understand organisational risk management. Students learn about risk identification, assessment and response strategies. Understand operational risks and create a business continuity plan.
Outcome for this month: Understand the many organisational risks small businesses manage and establish best practices to mitigate known practice risk.
Marketing
January
This topic delves into the principles and practices of marketing, including market research, consumer behaviour, branding, product development, pricing strategies, and marketing communication. Students learn how to create effective marketing campaigns and develop a customer-focused approach.
Outcome for this month: Create a marketing plan for your business that allows for easy implementation of local area marketing and digital marketing.
Business Analytics
February
This topic focuses on the use of data to inform business decisions. Students learn about data collection, analysis, interpretation, and the application of business intelligence tools to drive data-driven decision-making.
Outcome for this month: Understand what numbers are important to track and how to implement the data to allow for sustainable growth.
AI and Technology
March
This module addresses the role of innovation and technology in driving business success. Students learn about technological advancements, digital transformation, managing innovation processes, and leveraging technology to gain a competitive advantage.
Outcome for this month: What technology can you add to your business that will drive appropriate change.
Employment Models
April
This topic covers the variety options business owners have when managing their human capital. Students learn about employment and contractor agreements and the advantages and disadvantages of the different models.
Outcome for this month: Understand if the existing model is working for your business.
People and Culture
May
This topic covers the management of human capital within organisations. Students learn about recruitment, training and development, performance management, employee relations, and legal considerations.
Outcome for this month: Gain the knowledge and skills to effectively manage and motivate employees.
Your Exit Plan: Final Project
June
Pull it all together. Students will learn exit planning focussed on equipping students with the knowledge and skills necessary to navigate the complex process of transitioning a business out of the hands of its current owners. This module explores various strategies, considerations, and best practices involved in planning for a successful exit from a business.
Outcome for this month: Exit Strategy.
Pricing
Are you ready to invest in yourself and your future? Register now for our 12-month course that will change the game for you! But don’t wait too long, registration closes on 3 July 2023.
Payment Conditions:
By accepting this offer, you’re taking the first step towards personal and professional growth. Please note, however, that this commitment requires your dedication and perseverance. You can’t quit midway or expect a refund for any payments made.
But here’s the good news: you won’t even want to quit! Our course is designed to engage and inspire you throughout the entire year. You’ll learn new skills, challenge yourself, and expand your knowledge in ways you never thought possible.
What are you waiting for?
Take the plunge and register now. It’s time to invest in yourself and unlock your full potential. Remember, a 12-month commitment is required for this course.
But trust us, it will be worth it!