Free Resources to Help Guide You with Money Management in Your Wellness Business
4 Common Financial Mistakes Wellness Business Owners Make (And How to Avoid Them)-Free Webinar
In this free webinar, I'll guide you toward managing your money like the CEO that you are!
Whether your goal is less stress, more profitability, greater financial security, or simply feeling confident as a business owner, it all starts with understand your finances.
Watch the free webinar now and take the first step toward clarity, control, & confidence with your business finances!
4 Common Financial Mistakes Chiropractors & Wellness Entrepreneurs Make (And How to Avoid Them)-PDF Guide
This is a must have guide for all Chiropractic & Wellness Business Owners.
Many business owners unknowingly make costly financial mistakes that lead to cash flow issues, inconsistent pay, and unnecessary stress. This free guide reveals the 4 most common financial mistakes I see Wellness Entrepreneurs make - and how to fix them.
Download it now and take the first step toward a more profitable stress-free practice! 💡📩
Sample Profit & Loss Statement for Chiropractors & Wellness Entrepreneurs
Unsure if the numbers on your Profit & Loss Statement are healthy?
Confused on what financial goals you should set, what a healthy profit margin looks like, and if you're overspending in certain expense categories?
After years of bookkeeping for Chiropractors & Wellness Entrepreneurs, I came up with this sample P&L that gives a benchmark for you to compare to your own numbers.
Estimated Tax Guide for Entrepreneurs
Unsure if you'll have a big tax bill each year and if you'll have the money to pay for it?
Feeling confused when it comes to paying and saving for estimated taxes?
Not sure what you pay taxes on or how much to save?
Saving and planning for taxes can be one of the biggest stresses as a business owner.
Get clear with this free estimated tax guide! Leave the stress behind at tax time.
The Entrepreneur's Guide to Financial Organization
Ready. Set. Get Organized.
One of the biggest keys to gaining control in your business is organization, especially with your finances.
Use this free guide as your step-by-step action plan for getting organized in your own business.
Step-by-step, I'll show you where you need to get organized and how.
Organization ➡️ Control ➡️ Confidence
Read the blog to help lift the financial fog...
#7: Rocket with Profit
Today we're talking about the magic of being intentional with your profit to accelerate your business and personal goals. How to ‘Rocket with Profit’ so to speak. 😊
Understanding Your Monthly Profit
The first step to intentional profit allocation is knowing your actual monthly profit. While this might sound straightforward, it requires diligence and a clear understanding of your financials. Start with a rough estimate through your budget and then compare it with your actual profit and loss statement at the end of each month. This comparison is crucial for keeping your budget realistic and identifying any discrepancies that need tweaking for future accuracy.
The Power of Budgeting
Having a detailed, up-to-date monthly budget is essential for mapping out your money and goals. This budget will help you project your margin—those extra funds you can allocate towards your business objectives. It’s all about giving direction to every dollar earned, ensuring that your hard work translates into tangible progress.
Intentional Profit Allocation
Profit can be allocated in various ways depending on your business needs. Here are some key areas to consider:
Owner's Draws: This is the money you personally take from your business. Increasing your draws and planning for consistent draws can significantly improve your personal financial stability and life quality, allowing you to achieve personal financial goals faster, such as paying off personal debt and saving for personal goals.
Debt Payoff: If your business carries any debt, prioritize paying it off. Allocating a significant portion of your profit towards debt repayment can help you become debt-free quicker, freeing up future profits for other goals.
Savings Goals: Always save for taxes based on your net profit. Additionally, building an emergency fund and maintaining an operational cushion are crucial for financial security.
Education and Growth: Invest in continuing education, coaching, and consulting. These investments might not generate immediate revenue, but they enhance your skills and knowledge, leading to long-term business growth.
Exciting Savings Goals
Let’s dive into the more exciting aspects of profit allocation—saving for education and travel or whatever else you deem a ‘fun’ goal. Personally, I find tremendous value and fun in education whether online or in-person. I have some courses and in-person events already in mind that I’d like to purchase when I’m able to financially. What are some courses, events, or seminars you would like to purchase?
Planning for these educational experiences involves budgeting for not only the event itself but also travel and accommodation expenses. Proper planning ensures that these investments don't unexpectedly drain your profit. You’ll also have more fun doing them if you know they were planned for and are in your budget!
The Indirect Benefits of Education
While these trips might not directly increase your revenue, they indirectly contribute by expanding your knowledge and network, ultimately making you a better business owner. It’s an investment in yourself that pays off through better business strategies and higher revenue down the line.
Practical Tips for Financial Planning
If you’re a service-based business owner who generates revenue only when present, account for lower income during travel periods. This ensures your budget remains realistic and avoids financial surprises. Also, if you plan to bring a spouse, partner, or employee along, include their expenses in your budget to avoid unexpected profit dips.
Conclusion: Be Intentional and Stay on Track
No matter what your business goals are, being intentional about profit allocation makes achieving them much more likely. Whether you aim to scale your business, enhance personal finances, or build an empire, clear goals, a realistic budget, and intentional profit allocation are your keys to success.
I challenge you to start budgeting if you haven’t already. A personal and business budget is the best way to navigate towards your goals, ensuring that every dollar you earn works towards your vision. Get ready to rocket toward your goals with your profit planning!
In my course, Business Financial Foundations (BFF) for Wellness Entrepreneurs, I cover this and so much more! Click here to learn more.
What My Clients Have to Say:
My clients are at the heart of everything I do. In my bookkeeping business (Leading Ledger Bookkeeping) and with Financially Adjusted, my goal is to help Chiropractors & Wellness Practitioners understand their business finances better and gain control of their money. It's no fun being in the dark with finances. I'd be honored to help you get financially adjusted!
Dr. Josh H.
Leslie is truly amazing! She is responsive, professional, and provides personalized services that went above and beyond our expectations over the last year+. We have had several bookkeepers for our business in the past and Leslie is by far the BEST we have ever worked with! I highly, highly recommend her bookkeeping services!
Dr. Stacie B.
Leslie is THE BEST! She has made looking at my business financials so easy. She is quick to respond and has exceeded all expectations! I couldn't imagine running my business without her. I highly, highly recommend her for all your bookkeeping needs.
Dr. Allen M.
Leslie is the best of the best! She will make you feel like tax season is a piece of cake. As a Chiropractic business owner I used to do all my own bookkeeping, and it was always a very stressful thing to do. I always had so many questions and was confused about whether or not I was doing things right. With Leslie, all that stress has gone away and I can trust I am in good hands. She's amazing! Highly recommend!
Dr. Tracey C.
She really has helped me manage my business in a way that gives me confidence as I grow and plan for the future. Highly recommend!
© 2026 Financially Adjusted - All Rights Reserved.