The Step-by-Step Process to Start a Physical Therapy Business
FYZICAL has helped to start physical therapy businesses in 41 states. We’ve developed a time-tested process that maximizes efficiency, allowing you to open your doors as quickly as possible without wasting time or capital. The details of the process will be unique, depending on the type of location you’d like to open. However, there are a few steps every FYZICAL partner should anticipate. Take a look at some of the fundamental steps involved.
Step 1: Deciding on Services You Want to Offer
Every FYZICAL location is unique. That’s because, in addition to physical therapy, FYZICAL partners can offer a broad range of specialized services. Balance therapy, audiology, and pelvic therapy being just a few examples. We’ll work with you to identify services that are in high demand in your area so that you can start a physical therapy business most likely to generate a solid return on your investment.
Step 2: Finding the Right Location
Location is key to starting any new business. Having opened hundreds of locations across the U.S., our real estate experts know a thing or two about what to look for. We’ll support you by helping you find a spot that's in a great location that provides enough space to accommodate your patients and staff with a price point that won’t eat into your bottom line.
Step 3: Connecting with Qualified Service Providers
Even if you’re not a physical therapist, you can start a physical therapy business! We’ll connect you with qualified physical therapists, balance therapists, and other care providers who are passionate about helping the people of your community. As a partner with FYZICAL, you’ll keep an eye on things behind the scenes – marketing efforts, expenditures, growth – while your trusted team keeps things running smoothly day-to-day.
Step 4: Planning Your Grand Opening
You’ll want to plan a grand opening to announce your new business to the community. FYZICAL offers comprehensive marketing support, helping you spread the word via a range of channels. Our ready-made marketing materials are simple to customize and save you time and money compared to independent practice owners. Together, we’ll let your community know you’ve started a physical therapy business that can help them achieve better health!
Step 5: Opening Your Doors and Beyond
Now that all the groundwork is laid, it’s finally time to open your doors. But, you should know, FYZICAL’s support for your business is just beginning! Our experts will continue to work closely with you to monitor your growth, streamline operations, and strategize to help you meet your goals.
We've provided you with an overview of some essential steps towards opening a business with FYZICAL. Contact us today to learn more about what you should expect along the way.