Entrepreneurs crave three major things in their careers: flexibility, freedom and stability. What is your vision and ideal scene? Let’s get down to the metrics and successful actions that will allow you to achieve your career goals in physical therapy private practice. Now is the time!
Episode at a glance:
- Rent must be 10% (or less) of GI per year
- Bring in 10% of your annual revenue through cash
- Get total payroll down to 50% of GI
- Pay-for-performance model > Shared-Risk model
- Establish a management team
Brian Gallagher, PT is the founder and CEO of MEG Business Management, LLC. He has more than 27 years of experience in the field of rehabilitation and 19 years in business and specializes in Physical Therapy practice management and executive coaching nationwide. As a licensed business management consultant, Brian has helped hundreds of business owners nationwide improve their business operations through proper restructuring to achieve improved systems of efficiency and productivity as well as marketing and sales with effective public relations which have proven results for double-digit growth year-over-year with businesses around the country.