I’ve been working with both new and existing owners now for almost two decades. When I think back to what I went through when I opened my first office in 1999, it’s a world of difference. I actually recall putting my head in my hands saying to myself: “I would pay anyone anything they wanted if they would just sit down with me and show me what it is that I needed to do first, second and third in order to build a successful practice.” Unfortunately, at the time, all that was available were business consultants who either didn’t know physical therapy or were more interested in selling me stuff rather than actually helping me. I knew then that someday I would create a company that physical therapy owners could trust would have their best interest in mind and provide them with the knowledge and support necessary to their success.
A private practice’s success begins with the owner knowing what they need to do and when they need to do it. There is no time in business where your actions as an owner are more critical than when you open your first office or expanding into your next location. MEG Academy was built with 14 comprehensive programs to enable owners to operate in every area of private practice with complete certainty. This begins with our “startup accelerator program” and the “expansion program” specifically designed to ensure one’s success with growth. In this week’s podcast, I cover the four most important factors to consider when successfully expanding into your next location. Maintaining viability while experiencing steady growth is what makes for a successful practice and less stressed owner.
