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Customer story · Rising Oak Advisory

Increased Revenue and Evidence-Based Financial Decision Making for Naturopathic Clinic

Elena Zinkov · Recorded 11/3/2024

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Share One · November 3, 2024
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Individual results vary. This is one customer's first-hand account of their own experience, recorded on camera and published unedited. It is not medical advice, and nothing here is intended to diagnose, treat, cure, or prevent any condition. Talk to a qualified healthcare professional before making decisions about your health.

Dr. Elena Zinkov of Proactive Health and Naturopathic Clinic reports that Rising Oak Advisory helped her achieve year-over-year revenue growth. By implementing evidence-based decision making and clear financial strategies, the firm reduced her stress regarding product launches and provided clarity on financial risks and complex data management.

At a glance

Primary Use Case
Financial strategy and evidence-based decision making
Reported Result
Increased revenue year-over-year
Key Benefit
Clarity on financial risk and product launch costs
We have increased our revenue year over year but we have a clear vision, a clear plan and we make evidence based decisions every single month.
I quickly realized that it was too costly not to hire Rising Oak.
Stanislav is really good in bringing clarity and also in reducing stress when it comes to bringing any service or product to market.

The interview

What is the number one benefit you have received since working with Rising Oak Advisory?

The number one benefit I have received in my business since working Rising Oak Advisory is not only have we increased our revenue year over year but we have a clear vision, a clear plan and we make evidence based decisions every single month.

What was your business situation before working with Stanislav?

Before working with Stanislav from Rising Oak Advisory, I felt like my business did not have a clear vision or a clear plan in terms of where we were, where we were headed and how we could best serve our community.

What was your initial hesitation about hiring the firm?

The number one reason why I at first did not hire Rising Oak Advisory was because of the cost and then I quickly realized that it was too costly not to hire Rising Oak.

How has your leadership style changed since working with them?

Since implementing many of the strategies that I have adapted in my business in working with Rising Oak, I feel that not only am I more confident as a business leader but I can manage my team better. I am a better leader, a better physician and I feel confident going into the next chapter of my business.

How does Stanislav help with bringing new products or services to market?

Stanislav is really good in bringing clarity and also in reducing stress when it comes to bringing any service or product to market and in helping manage any financial risk that it may involve. He helps when I don't know all the details or understand the cost of bringing the product or service to the market.

What surprised you most about the working relationship?

One of the things that I really enjoy about working with Stanislav and something that surprised me was his ability to bring numbers to life. So he doesn't just look at budgets or numbers, he really creates a story behind the numbers.

What is the communication and support like?

I always feel taken care of. If there's a question or a problem that I'm dealing with, I don't have to wait until our next meeting to talk about it. If it's something urgent, I can contact Stanislav right away and he's extremely accommodating.

Frequently asked

Is Rising Oak Advisory worth the cost for a small business?

Dr. Elena Zinkov initially hesitated to hire Rising Oak Advisory due to the cost, but she quickly realized it was actually 'too costly not to hire' them because of the value they provided in revenue growth and risk management.

How does Rising Oak Advisory handle urgent financial questions?

According to Dr. Zinkov, Stanislav is extremely accommodating and available for urgent matters, meaning clients do not have to wait until the next scheduled meeting to resolve pressing problems.

Can a financial advisor help with team management and leadership?

Dr. Zinkov found that implementing Rising Oak's strategies made her a more confident business leader and improved her ability to manage her team effectively.

Full transcript

The number one benefit I have received in my business since working Rising Oak Advisory is not only have we increased our revenue year over year but we have a clear vision, a clear plan and we make evidence based decisions every single month. I'm Dr. Elena Zinkov. Founder of Proactive Health and Naturopathic Clinic in Bellevue, Washington and I've been practicing naturopathic medicine for over a decade. Before working with Stanislav from Rising Oak Advisory, I felt like my business did not have a clear vision or a clear plan in terms of where we were, where we were headed and how we could best serve our community. The number one reason why I at first did not hire Rising Oak Advisory was because of the cost and then I quickly realized that it was too costly not to hire Rising Oak. Since implementing many of the strategies that I have adapted in my business in working with Rising Oak, I feel that not only am I more confident as a business leader but I can manage my team better. I am a better leader, a better physician and I feel confident going into the next chapter of my business. One of the things that I have personally struggled as a business owner is when I want to bring an idea to life or a product or a new service to the market, I don't know all the details. I may not understand the cost of bringing the product or service to the market and the best way to approach this. Stanislav is really good in bringing clarity and also in reducing stress when it comes to bringing any service or product to market and in helping manage any financial risk that it may involve. One of the things that I really enjoy about working with Stanislav and something that surprised me was his ability to bring numbers to life. So he doesn't just look at budgets or numbers, he really creates a story behind the numbers. In working with Stanislav and Rising Oak Advisory, I always feel taken care of. If there's a question or a problem that I'm dealing with, I don't have to wait until our next meeting to talk about it. If it's something urgent, I can contact Stanislav right away and he's extremely accommodating and is there when you need him. One of the biggest advice that I give to my colleagues and fellow business owners is that you don't have to do this alone. It can feel like so much where you're juggling everyday business problems trying to find solutions and it's so important to find an expert whom you trust and can delegate a lot of this complex financial data and decision making and I find that sometimes we wait too long to make this decision and I really encourage those who are needing any financial advice or strategy in their business to start sooner than later because it is so much more work if you try to do this on your own when you have a solution right in front of you.

About Rising Oak Advisory

Rising Oak Advisory provides strategic financial guidance and evidence-based decision support for business owners. They serve professional service providers, such as medical practitioners, helping them gain clarity on financial risks and product launches. The firm delivers a transformation from disorganized business management to confident leadership backed by clear financial storytelling.

Industry
Financial Strategy and Advisory

Topics

  • financial advisory
  • naturopathic medicine
  • revenue growth
  • business leadership
  • strategic planning
  • financial risk management

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