Many operators of medical clinics want to improve their revenue but don't know how to achieve this. The easiest way to improve revenue is to bring in more quality patients and educate them on maintaining their visits in order to receive the highest quality of care not over months but long term and possibly the remainder of their lives.
Once a physician can find long term clients it is the 1st step in maintaining a stable revenue
In the growth period of a newly opened physician office it is important to maintain cash flow. Many doctors do not have the longevity in business to receive a bank loan since many banks do not lend to newly opened businesses.
Luckily there are alternative funding sources such as Small Business Loans Depot that offers bank statement loan programs, medical practice loans and many other programs that allow physicians to receive the working capital needed to add staff or purchase equipment or keep the cash flow to allow proper operation of the business. Ideally if you have at least 4 months in business and 3 months of verifiable revenue you may qualify for our business bank statement and working capital loan programs.
It is important for a especially a newly opened business to ask for help and not try to do everything alone. Unfortunately, some doctors never learn this and never reach out for additional working capital or financial help from outside sources and also the case is where many chiropractors fail due to lack of capital.
If you are looking for additional cash flow or working capital, contact Ed Rogers at Small Business Loans Depot. 919-771-4177.
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