Are you a physical therapist interested in striking out on your own and offering your expertise to a broader range of patients? It can be challenging to know exactly where to begin when considering starting a physical therapy business. Many new business owners choose to start from the ground up.
While this is an admirable decision, it could be risky and difficult to serve enough patients to make the necessary profit. We recommend considering a franchise opportunity with Physical Therapy Now. There are several advantages to franchise ownership over an independently owned business, especially when providing physical therapy services.
Ready-Made Business Plan
If you choose franchising over starting from scratch with your physical therapy business, you will have a business plan already completed and ready to go. Physical Therapy Now has already completed the hard work of market research and trial and error with employees and patients so that you can begin your business knowing which strategies work and which do not.
You will start with the answers to questions that many new business owners have, and you will have the support of partners and experienced professionals behind you. The ready-made business plan will simplify the process and have you starting several steps ahead of the competition.
Established Branding
When you start a new business, it can take time for people to learn who you are. You will have to work at marketing and advertising to establish your brand and trust with your potential clients. When you choose franchise ownership, that work has been done for you. You will have the advantage of a name and brand that has already been established and has earned trust with clients.
Your clients will already know what type of service and treatment to expect when they walk through the door. Physical Therapy Now has an established brand, and we have earned our trust with patients and employees alike in numerous locations across the country. When you start your business through our franchise, you will begin with that same trust and provide that same service level to your patients.
More Financing Opportunities
It is never a good idea to break the bank to start a business. The uncertainty of the market and the need to finance unexpected expenses are always looming. The risk of new business ownership is not one that many lenders are willing to take. Becoming part of a well-known franchise can increase your chances of getting financing for start-up costs. With the franchise name at your back, lenders could be much more willing to take the opportunity to support your endeavors.
Cost-Efficient Solutions
Many new business owners do not have access to the amount of money it takes to build from scratch and remain in business. A well-established franchise can offer cost-efficient solutions to startup costs and even eliminate some of the upfront costs associated with getting started. Owning a franchise can still be expensive, but access to lenders and proper investments can save money in both the short-term and long-term.
Starting a Physical Therapy Business with Physical Therapy Now
The majority of Physical Therapy Now franchise owners make no less than $100,000 per year. Our industry continues to expand with the increased interest in physical and occupational therapies.
We believe that every patient deserves high-quality care, and we give our franchise owners the tools they need to make this happen. If you are interested in becoming a franchise owner with Physical Therapy Now, call us today at 800-481-4582 to have your questions answered by our franchise team.
