This webinar was given live on January 5th 2021 by Iris Kimberg, MS PT OTR. Iris knows a thing or two about scalability, strategic growth and development of a practice. She grew her own solo practice into a $14M entity with 3 offices and 700 therapists before selling it to a Fortune 500 company. The replay is now available and is a full 2.5 hours, and includes all the handouts.
SMALL PRACTICE/SMALL PROBLEMS, BIG PRACTICE/BIG PROBLEMS??? IT DOES NOT HAVE TO BE THIS WAY!
Many therapists have wondered at some point whether they should strive to grow bigger either through acquisitions or joint ventures or stay within a defined specific market where they feel most comfortable. Others have concerns that despite short term success, there is uncertainty about building in guard rails and plans for sustained and continuous long term viability and success. Sometimes therapists may be “drowning” in opportunity and not know which direction to go in. There is no doubt that the bigger you grow, the harder it is to keep the high caliber and quality of services you provide intact unless you have systems in place. The goal for this webinar is to be able to look at the scalability, growth and expansion of your practice through many layers and considerations. Specific ideas and action plans with immediate takeaways about second locations and forming strategic alliances and collaborations will be discussed. All material will be discussed for both pediatric and adult based practices with immediate concrete, actionable and implementable ideas, actions plans and takeaways.
Finding Your Best Fit for Growth and Expansion
Trends/ Challenges to Keep in Mind
Study Snapshot of Your Practice- Profit Takers and Makers
Ways to Mitigate Risk as You Grow
The Expansion Process- How to Keep Growing
Expanding an Existing Location vs. Opening a Second Office
Building in Multiple Revenue Streams – Online, Onsite/offsite, Multiple Sites
Venturing into Complementary Service Areas/ Strategic Alliances
Mergers/Acquisitions as a Growth Strategy – Due Diligence Considerations
How Big to Grow
All participants will get handouts and templates for different Strategic Growth Action Plans.
Trends for the future are also identified and discussed. This webinar will address concrete and actionable ways to bolster the long term viability and business success of therapists who already have established a therapy practice/therapy based businesses
Registration includes all handouts, a copy of the powerpoint, and 24/7/365 access to the replay.
A post webinar quiz will be available along with a Certificate of Participation.
Payment can be made here or if you prefer you can use VENMO – Iris Kimberg