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Townie® Poll

Finance

Poll conducted from 2/17/2020 To 3/6/2020

Do you rent or own your office space?
128 total votes
52%
Own
48%
Rent
Have you ever hired a consultant to assist with your practice finances?
83 total votes
17%
Yes, and it was beneficial
11%
Yes, but it was not worth it
42%
No, but I am open to the idea
30%
No, and I never will
When was the last time you increased fees?
83 total votes
41%
This year
39%
2018–2019
13%
2016–2017
7%
Before 2016
Do you have a dedicated office manager?
83 total votes
43%
Yes
57%
No
How frequently do you review overhead?
83 total votes
10%
Weekly
45%
Monthly
24%
Quarterly
22%
Annually
What is your method when increasing fees?
79 total votes
38%
Examine fees one by one
38%
Across the board
24%
Purchase fee data and implement it
Do you offer a retirement plan for your employees (Simple IRA/401k)?
82 total votes
59%
Yes
41%
No
Who or what do you turn to for most financial advice regarding your practice?
83 total votes
14%
Colleague/peer
33%
Financial adviser
30%
Articles, books or other research
6%
Continuing education
17%
Other
Do you offer bonus or incentives for employees?
81 total votes
62%
Yes
38%
No
Do you provide health insurance for employees?
83 total votes
17%
Yes, we play 100 percent of the premium
35%
Yes, we pay a portion of the premium
48%
No

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