According to a report by Web FX, franchises in the United States contribute an impressive $827 billion to the economic output. In today’s episode of Franchise Trends, we’re joined by Dr. Jason Helfrich, Co-Founder and CEO of 100% Chiropractic, who shares insights into his thriving franchise company.
Key Takeaways
1. Dr. Helfrich discusses the growth from a single chiropractic practice in Colorado Springs in 2004 to over 123 franchisees. This expansion highlights the scalability and success of the 100% Chiropractic franchise model, showcasing the brand’s efficiency and the strong team behind its growth.
2. Drawing on their entrepreneurial experience from owning a restaurant, Dr. Helfrich and his wife, founders of 100% Chiropractic, applied their extensive business knowledge to the healthcare industry. This approach not only enabled them to manage their first chiropractic practice efficiently but also played a pivotal role in the successful scaling and franchising of their business model.
3. In 2015, 100% Chiropractic established roughly 20 locations and embraced franchising for growth after receiving legal advice. Dr. Hellfric emphasized the importance of ensuring the business model was successful and replicable before franchising. This careful approach to expansion highlights the need for a solid and proven operational foundation to attract and support future franchisees. This ensures the brand is scalable and sustainable in the competitive healthcare market.
4. 100% Chiropractic attracts a wide range of franchisees, including chiropractors looking to own their practice and entrepreneurs interested in healthcare. This diversity reflects the franchise’s appeal to individuals with varying backgrounds but a common goal of impacting their community through chiropractic care.
5. Unlike some competitors that may use a membership model, 100% Chiropractic focuses on a comprehensive care approach, including diagnostics, personalized treatment plans, and a wide range of therapies. This approach and the emphasis on educating patients about chiropractic care’s benefits beyond pain management sets the franchise apart in the healthcare industry.
"We've been growing beautifully and just couldn't be prouder of the team we've assembled and what we're accomplishing." - Dr. Jason Hellfric