How Do You Know You're Ready To Grow?
Benchmarks and Key Performance Indicators That Demonstrate Readiness to Open a Second Location
Presented By:
Dawn Hesse, PTA, CCFE, Director of Franchise Operations
R.J. Williams, PT, DPT, Franchise Regional Consultant
Am I ready to open another location?
How do you know if you're ready to open a second physical therapy practice location? What performance indicators do you need to be tracking to know if you're able to support a second location?
In our LIVE webinar workshop, follow along using your own business performance metrics. When you register, we'll send you a worksheet to prepare with your own practice metrics so you can follow along with our presenters as they dive into each of the key benchmarks for practice health and performance. After attending this workshop, you'll be able to determine if your practice is ready to open a second location or what steps you need to take next in order to get there!
Webinar Topics
If you're ready to grow your practice, you can't afford to miss this webinar workshop! Join Dawn Hesse, PTA, CCCE, Director of Franchise Operations, and R.J. Williams, PT, DPT, Franchise Regional consultant, for an exciting panel discussion on how to determine readiness for opening a second practice location. Once you determine your key performance metrics, you'll easily be able to determine what your next steps are to prepare your clinic and your staff for opening a second location. We'll round out the discussion with the investment costs behind scaling your practice, and how to staff both clinics effectively without compromising your profitability. Don't miss this incredibly valuable webinar for physical therapy private practice owners!Revenue and Profitability Goals
How do you know if you're meeting your revenue and profitability goals? Which metrics are best indicators for the financial health of your practice? Register for the webinar today and you'll receive a downloadable excel worksheet to prepare before the webinar and use as a reference to your own practice performance as you follow along in our live webinar. Get instant visibility into your practice performance and understand which benchmarks are underperforming - as well as what to include in your strategic plan to immediately begin improving performance.
Replacing Irreplaceable You
If you're like most private practice owners, you wear many hats and fill many of the roles within your clinic - so how do you replace the irreplaceable you when it comes to having two clinic locations? Learn which staff can be shared across multiple clinics to take advantage of economies of scale, how to train roles for a practice that will scale, and how you can replace yourself in key roles shared across multiple locations!
Costs of Scaling
Prepare yourself in advance for what it may cost to open a second location. We'll discuss the average cost of opening a second location and what considerations you'll need to make along the way, including what to look for in a second location, approximate cost of the total investment, securing a competitive lease, construction costs and oversight of work, and more.
Meet the Speakers
Dawn Hesse, PTA, CCCE
Director of Franchise Operations
Oversees the performance and management of the operations team to provide exceptional support and dramatically improve the efficiency of FYZICAL clinics.
R.J. Williams, PT, DPT
Franchise Regional Consultant
Responsible for training and supporting FYZICAL practice owners and helping them develop their clinics and territories.
Event Agenda
Introductions: Meet the Speakers
Meet your panelists and workshop leaders, Dawn Hesse, PTA, CCCE and R.J. Williams, PT, DPT, Franchise Regional Consultant.
Who Do You Hire? Revenue & Profitability Goals: Benchmarks & Key Performance Indicators
Listen to our panelists as they explain key performance indicators for the financial health of your clinic. Which benchmarks do you need to meet before you consider scaling to another location? Do your worksheet in advance, and leave with tangible next steps for improving your practice performance.
Curate Your Team: Replacing yourself at Location #1 to open Location #2
How many jobs do you do in your clinic? As the owner, you're not replaceable - but you'll need to staff the roles you cover when you open your next location. Learn which key roles to hire for your second location, and which you can share between locations to take advantage of the economies of scale!
Common Pitfalls: Hiring and Recruitment
In this section, you'll gain an understanding of the total investment required to build out and staff a second practice location - as well as tips for securing a competitive lease and what you should look for in a second location.
Investment Costs: For Location #2
In this section, you'll gain an understanding of the total investment required to build out and staff a second practice location - as well as tips for securing a competitive lease and what you should look for in a second location.
Instant Webinar for Physical Therapists
