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APT Insights – May 2023

APT Insights – May 2023

Welcome back to APT Insights!  APT Insights is a monthly blog post where we share content that we have seen, heard, or read recently and think is worth passing along.   We hope you take some time to watch, listen, and read some of our recent finds! WATCH Work culture and morale plays such an important role in the workplace! Majority of the time, it’s a representation of how a leader is treating and respecting their team. Watch this video of Michael C. Bush as he shares his insights into what makes workers unhappy and how it can change with fostering satisfaction. LISTEN Listen to Brene Brown and Barrett Guillen’s conversation about how they have created “brave spaces” with their teams.…

Why Do We Need Metrics?

Why Do We Need Metrics?

Nearly every business owner or manager we speak with is aware that tracking their company metrics is important. Yet many are failing to do this consistently or failing to utilize them properly. As therapists, we have been educated and trained to track our patients’ progress by measuring strength, range of motion, endurance, and various other objective measures.  So why are we not making sure to do the same for our business? In our experience, there are a wide range of challenges that lead to this. Before we get into the challenges of utilizing metrics, let’s talk about why we should do it in the first place. Why Metrics? By definition, metrics are a standard for measuring or evaluating something. We…

How to Evaluate your Business

How to Evaluate your Business

“When you stop growing you start dying.” American writer William S. Burroughs is credited with this quote, and we couldn’t agree more! The quickest way to fail or fall behind is to flip on the auto-pilot switch. When we start businesses, we create a business plan. We put down all of the things we hope to achieve and how we intend to achieve them. However, if all we do stick to that original plan, without continuously re-evaluating the progress and making necessary adjustments, we have a much higher likelihood of falling short. You must continuously take a deeper look and evaluate your business, your employees, your obstacles and your opportunities to put yourself in a stronger position. SWOT Analysis In…

2023 Kickoff – A Letter from the Founder

2023 Kickoff – A Letter from the Founder

Happy New Year! I hope the new year is starting on a strong, positive note for you. I don’t know about you, but I am happy – ecstatic even – to welcome 2023! It brings a new set of possibilities and potential – an opportunity to set a list of new goals. The start of a new year is also a time to reflect on the past year. I believe my level of enthusiasm for the start of 2023 is a direct response to seeing 2022 come to an end. Last year was a lot for me personally, and I know for many others as well. It was filled with wins and losses, joy and sadness, growth and steps backward.…

APT Insights – February 2022

APT Insights – February 2022

Thanks for joining us for another issue of APT Insights!  APT Insights is a monthly blog post where we share content that we have seen, heard, or read recently and think is worth sharing. Take time to watch, listen, and read some of our recent finds. Take the insights a step further, and incorporate them into your everyday life. This month, you will notice that we have data at top of mind. Business management is our specialty, and business analytics help us use key performance indicator (KPIs) to gauge where businesses stand and make plans to meet set goals. WATCH We don’t have to be data scientists to understand or appreciate data. This TED Talk offers honest and tangible advice…

Weekly Metrics to Track

Weekly Metrics to Track

How is your year starting? This is such a vague yet also complex question and is very difficult for many of us to answer. Think about your clinical practice. If we only ever asked our patients, “How are you feeling?” without any follow up questions, we would not have enough details to base our plan of care off of. When looking at business management, we should be constantly assessing our areas of strengths and weaknesses in order to make informed decisions on what needs attention. You can think of it as your business plan of care; and, just as with our patients, its focus needs to shift daily at times. Keep it simple! Managing a business is challenging. Let’s make…

What Does Success Mean To You?

What Does Success Mean To You?

Being successful in business can look different to everyone. Maybe success to you is based on improving business metrics. Perhaps success right now may simply be defined as the ability to pay another month’s worth of payroll.  As you look at numbers and close out the first quarter, ask yourself the following questions: What does it mean to be a successful business leader?  Merriam-Webster defines success as a “favorable or desired outcome.” In following this definition, we must then know what outcomes we are targeting in order to know if we have been successful. Business metrics are a main point of focus for all of us when it comes to structuring the business plan. Gross income, number of patient visits,…