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Why Traditional Chiropractic Is Failing — And How HealthSource Franchise Fixed the Model
Description
Episode 115: On this episode of Pursuit of Profit, Cliff talks with Dr. Chris Tomshack, founder and CEO of HealthSource Chiropractic franchise. With over 140 locations across 35 states,HealthSource operates in seven multi-billion dollar industries from chiropractic and functional rehab to spinal decompression, laser therapy, nutrition, orthotics, and subscription-based wellness clubs. The top 25% of locations exceed a million dollars a year with a 99% patient satisfaction rating, simple staffing model, doctor's, office hours, and training that second to none. Take a listen...
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Timestamps:
00:00 - Intro
02:35 - Who is HealthSource?
03:36 - Medical background NOT necessary for this franchise
06:15 - LEO program (Learn, Earn & Own)
12:51 - SBA loans
15:05 - Services offered
22:45 - What service brings in the most revenue?
24:50 - Insurance accepted
27:33 - Average payment of a client
35:39 - Millenial effect on business
38:25 - Investment range
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Links:
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