The value of the business equals your EBITDA or how profitable the business is. Fair market value, profitability times a multiple. EBITDA – stands for earnings before interest, taxes, depreciation and amortization which is part of an accounting formulation used to calculate your business’ value.

1. Create a business plan
2. Go through a Pro Forma – there are many tools for this.
3. Establish is this going to be a viable venture for you (and your business partners if you have any) and if you can earn enough money in the marketplace.
4. Create a trusted team including a legal advisor and financial advisor or banker and hire an accountant. A CPA who specializes in Healthcare and understand what you can do legally but also ethically.
5. Have enough revenue in reserve so you can pay yourself and your bills while trying to grow, scale and expand the business. This may require taking a loan or line of credit – try to avoid a personal loan. An SBA loan is a good option.

If you are a person who wants a career that is rewarding, impactful, and that helps the community as well as the people around you, then Yes, getting a Physical Therapy degree is worth it.

Yes, Physical Therapy Clinics and PT Practices can be very profitable. Following sound business principles, having the right personnel, put the right PT marketing strategies in place with the right operations and financial planning while working diligently and yes your Physical Therapy business will be profitable. We don’t typically see PT practices in the 50-75% profit range but we do see 10-25% margins and PT clinics doing over $1 million in revenue. On an average we tend to see practices ranging from $100,000 to $250,000 a year in profit.

Yes, Physical Therapists and PT services are under-utilized across the medical and rehabilitation board. There has been a shift in the way we treat and see new patients. 20 years ago Physician referrals were commonplace and they sent patients straight to PTs. There were Pros and Cons to this but the trends has been a huge decline in referrals since the introduction of big networks, HOPTS and POPTS. However, since the inclusion of Direct Access in many states Physical Therapists can now market direct to the consumer which has had an huge increase in the demand for PT services.

Being a Physical Therapy Assistant or a PTA is also a great career is you are interested in helping people in pain and making a difference in their lives. It can be very rewarding and depending on the PT practice, area and state provide a very good income. Again if money is your sole purpose being a PTA might not be the ideal career for you as the reward comes from helping your community.

Physical Therapy is a great and rewarding career because we help people who are in pain get back to normal naturally without medications, injections and surgery, truly making a difference in the community.

A Physical Therapist yearly salary depends on the region, state or country they are practicing in. A starting salary of a new grad is between $65,000 to $75,000 a year plus bonuses and benefits.

Most Physical Therapists are not in PT for the money and are in the practice to help transform people’s lives. It’s a very rewarding career, and yes can provide a very good income but if the sole purpose is to make money, PT might not be the career for you.

Marketing that treats people differently based on data and the streams or content we choose them to follow via algorithms, systems, processes and machine learning tools which reduces some of the human workload while promoting a response.