FRANCHISE BUSINESS REVIEW - JUNE 27, 2023
FYZICAL Therapy & Balance Centers, the country's fastest-growing physical therapy franchise with 500 open centers across 44 states, was recently recognized as a finalist in the 4th annual Franchising@WORK 2023 Employee Engagement Report & Awards hosted by Franchise Business Review. The study is an independent industry-wide survey of employee satisfaction among franchise employees and celebrates franchise organizations with the highest employee engagement.
FYZICAL was recognized as a finalist in this year's awards. FBR collected data from 180 franchise organizations, including 6,000 employees, representing 40% corporate and 60% unit-level employees. Participants were asked about company culture, job satisfaction, and engagement within the franchise sector.
FYZICAL was recognized for high employee well-being, impact on retention, and positive diversity, equity, and inclusion.
"When I think of FYZICAL, I think of people being connected," said Brian Belmont, Chief Executive Officer at FYZICAL. "Our clinicians being connected to their patients, our corporate staff being connected to the owners and their staff, and the overall leadership, connected to the brand."
FBR conducted the Franchising@WORK Employee Engagement Benchmarking Study to help franchise companies understand how employee satisfaction, well-being, and culture compare to others. The research revealed key insights into job satisfaction, employee well-being, and workforce trends.
Why Franchise with FYZICAL?
Key findings indicated that overall employee engagement in the franchise sector remains high. Most find their work rewarding and satisfying, 86% find their work rewarding and satisfying, and four out of five employees would recommend a job at their company to a friend.
Additionally, 84% of respondents rated their direct managers as positive on caring about their employees' success, indicating that they are professional, maintain positive communication and value employee feedback.
Other findings indicated that 86% of employees rated their overall satisfaction as 86%.
“Franchising is a vast segment of the economy that touches every industry, which makes this research incredibly valuable to understand how employee engagement impacts overall growth and profitability at the individual brand level, within specific industries, and within the franchise sector,” said Michelle Rowan, president & COO of Franchise Business Review.
Instant Watch: How to Start a Physical Therapy Practice: The Premier Crash Course in PT Business Ownership
FYZICAL, the largest physical therapy franchise worldwide, was founded in 2012 and provides cutting-edge therapies and proprietary balance services to a growing population in an industry expected to reach $72.7 billion by 2029.
With over 500 locations nationwide, FYZICAL offers proven, flexible business models for entrepreneurs and physical therapists, an unparalleled support system, and a low-cost investment.
FYZICAL's differentiator in the marketplace is its industry-leading Premier Balance Program. Originated by medical experts at FYZICAL, its Balance Paradigm and Sensory Mismatch Theory are two groundbreaking services that have revolutionized the treatment of balance patients and compounded profit opportunities for FYZICAL franchisees nationwide.
"FYZICAL continues to be at the forefront of healthcare franchising, offering innovative therapies and proprietary treatments to patients and a unique, unparalleled support system rare in franchising," said Scott Wendrych, Chief Development Officer at FYZICAL.
Single, multi, and master opportunities are available, as well as entrepreneur-physical therapist Partnership Opportunities and, most recently, a Mini-Master opportunity, a rare opportunity to build a recurring revenue income stream by developing five or more units in exchange for a royalty reduction.
FREE GUIDE: FYZICAL's Investment Opportunity: Get in on a Booming Physical Therapy Industry
"FYZICAL Therapy & Balance Centers is excited to be the entry point to wellness," said Eric Thompson, Chief Financial Officer and Executive Vice President of FYZICAL. "We are honored to serve our patient communities."
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Resources You'll Love:
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