How to Turn a Profit from Your Team with Norelle Pratt

🚀 Just released the latest Practiceology "7 Questions in 7 Minutes" podcast, this episode features HR expert Norelle Pratt.

If you’re running an allied health clinic, this episode is packed with practical HR insights you can implement right away. 

Here are my top three takeaways:

Track What Matters: Norelle recommends setting up a simple spreadsheet to track key metrics—think practitioner utilization, wage costs (including super), and revenue. Even a basic tracker can help clarify where your money goes and identify how each team member is really performing.

Know Your Numbers Before Making Decisions: Many practice owners struggle with profitability because they don’t know their numbers (e.g., wage as a percentage of revenue). Norelle suggests using 40–55% as a general benchmark in allied health. Awareness of your stats helps with everything from pay rises to incentivising staff.

Don’t Be Afraid of HR—Use It Wisely: You don’t need a full-time consultant if you’re a smaller clinic, but having access to expert guidance ensures your contracts are legal and avoids costly mistakes. Proactive HR support helps keep you out of trouble—without locking you into expensive, unnecessary contracts.

You can find out more about Norelle and get access to her amazing HR resources including: "How to  Master Wage Costs & Effortlessly Forecast Profitability" at:

https://hrforhealthleaders.com.au/

Is Your Health Business Leaking Money?

Find Out by Completing the FREE 2 Minute Practice Efficiency Survey – PLUS Get a FREE pdf Copy of Paul Wright’s Amazon Best Seller -“How to Run a One Minute Practice” at:

https://www.mypracticeology.com/

FREE “Earn More – Work Less- Kickstart” Session

To find out if you are suitable for the Practiceology™ program – click on the link below and book a FREE “Earn More Work Less – Kickstart Session" with program creator - Paul Wright:

https://www.mypracticeology.com/kickstart/