What's the secret to ensuring your new PT clinic location is a success from day one?

How can PT clinic owners prepare financially before scaling their practice?

Join Dr. Robbie Woelkers for an insightful crossover episode, "The Dave Kittle Show," Dr. Robbie Woelkers joins Dave Kittle as they discuss essential strategies for physical therapy practice owners looking to expand successfully. Covering topics from risk mitigation and decision-making to the importance of having a reserve before opening new locations, Robbie emphasizes the importance of being calculated and smart about growth. He underscores the necessity of having an oversubscribed practice before expansion, details the role of planned staffing, and highlights the value of structured mentorship. The conversation also addresses common pitfalls and the significance of balancing financial stability during the growth phase.

Episode TimeStamp:

[00:00] Mitigating Risk as a Business Owner

[00:48] The Importance of Oversubscription

[02:21] Defining Oversubscription

[03:46] Patient Scheduling and Retention

[08:11] Building a Reserve for Expansion

[10:06] Hiring Strategies for New Locations

[15:30] Balancing Business Growth and Personal Life

[21:35] Shockwave Therapy Insights

[22:01] Aquatic Therapy Considerations

[22:53] Financial Concerns for Owners

[23:49] Principles of Business Advancement

[25:48] Hiring Strategies for Growth

[29:59] Free Resources and Community Support

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Thank you for joining us on this episode of the Levels podcast. Your time and attention are greatly appreciated. Tune in next time for more valuable insights and stories from the world of entrepreneurship.