Episode 176: How to Fund Your Physical Therapy Startup

Are you ready to grab the steering wheel of your future? Let’s talk about how to evaluate your funding options that best meet the needs of your startup and private practice ideal scene. Let us help you navigate the challenges before you hit them! 

Key Takeaways/Points 

  • Master your emotional connection to money 
  • Ditch the DIY attitude!  
  • Be thoughtfully passionate 
  • Check out PT United 
  • You must exchange with yourself 
  • Don’t go for a commercial interest loan 
  • Learn how to play the SBA loan game 
  • Definitely do a Proforma 
  • Opening a clinic can be $35-$100k 
  • Don’t run your business like you run your household 
  • Leverage other people’s money 
  • Get comfortable with money ebbing and flowing 
  • Cash is king

Resource Links:

QUICK OVERVIEW OF SBA LOAN GUARANTY PROGRAMS

SBA LOAN OPTIONS

 

Free Practice Assessment from MEG

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