How to Open a Physical Therapy Clinic
Are you a physical therapist interested in starting your own practice? The appeal of a private practice can be strong. You have the benefit of being your own boss, setting your own hours, and working with clients on your own terms. With business ownership, you can bring your expertise into your practice and utilize it in a way that you believe best benefits your clients without needing to answer to an immediate supervisor. If you are researching how to open a physical therapy clinic, consider investing in a franchise over starting from scratch with your own private practice.
Franchise vs. Private Practice
Many first-time business owners want to start out in their own private practice because they believe that this offers more freedom. While this can be true, it also involves a lot of work, time and financial investment that many first-time owners just don’t have. Additionally, a lot of mistakes are made in private practices.
According to Entrepreneur, franchises have a higher success rate than businesses venturing out on their own for the first time. While it’s true that you will need to work within the parameters of an established franchise, you will have many advantages that aren’t available with a private practice.
Benefits of Franchise Ownership
Franchise ownership provides you with several resources that you won’t have if you choose to start a business on your own.
- Marketing – When you invest in a franchise, the marketing strategy is already done for you. All you need to do is set up and implement the techniques that have already been proven to work. If you begin a private practice, you will have to go through the trial and error marketing work on your own and may take several losses before finding what works.
- Established Branding – Investing in a franchise means adding a trusted brand name to your business. When you franchise with Physical Therapy Now, for instance, you will have our name to back up your expertise. You can bring you individual skills and ideas to your business while having the luxury of being a part of a branded company.
- Legal Protections – Established franchises already have their own legal team and built-in advice on board. When you have questions, you can draw from people who have “been there, done that” rather than flying blind and shelling out the extra expense for legal advice on your own.
- Established Operation – A franchise has an operating system in place complete with recommended equipment and employee training programs that will have you ready to serve your clients as quickly as possible. The Physical Therapy Now franchise has already completed the trial and error work for you so you can get straight to the work you really want to do.
How to Open a Physical Therapy Clinic with Physical Therapy Now
If you are a physical therapist or aspiring business owner interested in starting your own physical therapy clinic, contact Physical Therapy Now at (800) 481-4582 and ask about investing in a franchise. We are happy to share our recipe for success so you can best serve your clients.