Pros:
1. Flexible Schedule – Running your own practice allows you to create a flexible schedule that works for you and your clients. You can choose when to take on new clients, how many sessions per day, and how often you need to check in with existing clients.
2. Rewarding Work – Counseling can be a very rewarding career as you help families through difficult times and watch them make progress. You get to witness the growth of individuals and relationships in a way that few other professions allow for.
3. Opportunities to Grow – As your practice grows, so do your opportunities. You can expand the services you offer, hire additional counselors, and increase your client base.
Cons:
1. Self-Employment – Running a practice requires that you take on many of the responsibilities that come with self-employment such as taxes and insurance. This can be an intimidating task for those who have never been self-employed before.
2. High Start Up Costs – Starting a business requires money to get off the ground and counseling practices are no different. Although you don’t need a lot of equipment, it can still be quite expensive to pay for office space, marketing materials, and other start-up costs.
3. Lack of Experience – When you first start a practice, it can be difficult to gain clients since there’s no track record for potential customers to reference. This means that you may have to take on fewer clients or offer lower rates until you build up your reputation and client base.
4. Stressful Environment – Dealing with family issues can be stressful for both the counselor and the family. Being a counselor means that you have to stay composed in difficult situations, but it’s important to take care of yourself as well.