Break Even Excel SpreadSheetOne of the most basic financial questions that practice owners need answered is how many productive sessions they have to achieve each month in order to “break even”. Being able to know or estimate your break even point is crucial both when you are in the planning stages of a private practice, and when you are actually in practice. This is a low cost, very user friendly excel formula spread sheet that is simple to use, and allows you to compare calculations based on changing data. By entering your anticipated or real average billing rate, your average fee for service pay scale, and your monthly fixed costs (projected or actual), you can determine how many sessions you have to do each month to break even. Likewise, the tool can help you determine what your budget should be for rent, utilities etc. in order to reach a “doable” break even point. The excel spread sheet has simple, easy to follow directions, and is extremely user friendly.