367 - The Hidden Benefits of Buying an Existing Podiatry Practice with Jonathan Small

This episode of the Podiatry Legends Podcast discusses the often-overlooked benefits of buying an established podiatry business. Tyson Franklin and Jonathan Small explore why acquiring a practice could be a game-changing move for aspiring podiatrists. If you're interested in growing your career without the typical start-up headaches, this episode offers practical advice on how to make a successful transition into practice ownership. Ten Key Takeaways from the Episode Buying an established practice gives you immediate cash flow. Systems for patient management, billing, and operations are already in place. You inherit an existing patient base, saving time and effort on marketing. With a profitable business, you have a better chance of securing a loan. Buying an existing practice reduces the risk of starting a business from scratch. Established businesses have learned from past mistakes, which helps mitigate risk. You gain the opportunity to enhance and improve systems that are already working. Business owners often lack business training, and buying a practice gives you more support. Acquiring a practice helps avoid the common challenges of building from the ground up. You can focus on growth and profitability rather than foundational challenges. If you want to contact Jonathan Small, his email is [email protected]  Upcoming Events - https://www.podiatrylegends.com/upcoming-events/ If you have any questions about this episode or want to contact me, please email me at [email protected]. Do You Want A Little Business Guidance?  A podiatrist I spoke with in early 2024 earned an additional $40,000 by following my advice from a 30-minute free Zoom call. Think about it: you have everything to gain and nothing to lose, and it's not a TRAP. I'm not out to get you, I'm here to help you.  Please follow the link below to my calendar and schedule a free 30-minute Zoom call. I guarantee that after we talk, you will have far more clarity on what is best for you, your business and your career. MY SCHEDULE  Yes, I Do Business Coaching I offer three coaching options: Hourly Sessions, Monthly Ongoing Sessions, and On-Site Training Days.   But let's have a chat first to see what best suits you. ONLINE CALENDAR Subscribe to my YouTube Channel – Tyson E Franklin  FACEBOOK GROUP - Podiatry Business Owners Club  MY BOOK is available on AMAZON - It’s No Secret, There’s Money in Podiatry     

Have you ever wondered if semi-custom orthotics could improve your practice? In this week's episode of the Podiatry Legends Podcast, I chat with MSK Podiatrist Steve Jackson from Western Australia about the benefits of shifting from custom to semi-custom foot orthotics. Steve shares how this shift has revolutionised his practice and patient care, leading to quicker treatment times, better results, and an overall more efficient workflow. Don’t miss out on these game-changing insights and learn why semi-custom orthotics could be your secret weapon.  If you have any questions about this episode or want to contact me, please email me at [email protected]. Consider coming along to my Next Event Do You Want A Little Business Guidance?  A podiatrist I spoke with in early 2024 earned an additional $40,000 by following my advice from a 30-minute free Zoom call. Think about it: you have everything to gain and nothing to lose, and it's not a TRAP. I'm not out to get you, I'm here to help you.  Please follow the link below to my calendar and schedule a free 30-minute Zoom call. I guarantee that after we talk, you will have far more clarity on what is best for you, your business and your career. MY SCHEDULE  Yes, I Do Business Coaching I offer three coaching options: Hourly Sessions, Monthly Ongoing Sessions, and On-Site Training Days.   But let's have a chat first to see what best suits you. ONLINE CALENDAR Subscribe to my YouTube Channel – Tyson E Franklin  FACEBOOK GROUP - Podiatry Business Owners Club  MY BOOK is available on AMAZON - It’s No Secret, There’s Money in Podiatry 

In this episode of the Podiatry Legends Podcast, Tyson Franklin sits down with Lucinda Mercer, owner of Poized Podiatry in the UK. Lucinda shares her inspiring journey from the NHS to launching her own practice and how she found success in musculoskeletal podiatry. Learn how Lucinda navigated the challenges of starting a business, including financial hurdles and the importance of systems and self-care. If you’re thinking about opening your own podiatry practice, this conversation is for you! If you have any questions about this episode or want to contact me, please email me at [email protected]. Consider coming along to my Next Event Do You Want A Little Business Guidance?  A podiatrist I spoke with in early 2024 earned an additional $40,000 by following my advice from a 30-minute free Zoom call. They were so happy that they surprised me with a beautiful bottle of bourbon; this is not something you have to do, but I will also never say no.  Think about it: you have everything to gain and nothing to lose, and it's not a TRAP. I'm not out to get you, I'm here to help you.  Please follow the link below to my calendar and schedule a free 30-minute Zoom call. I guarantee that after we talk, you will have far more clarity on what is best for you, your business and your career. MY SCHEDULE  Business Coaching I do offer three coaching options: Hourly Sessions, Monthly Ongoing Sessions, and on-site visits and training days.   But let's have a chat first to see what best suits you. ONLINE CALENDAR Subscribe to my YouTube Channel – Tyson E Franklin  FACEBOOK GROUP - Podiatry Business Owners Club  MY BOOK is available on AMAZON - It’s No Secret, There’s Money in Podiatry 

In today’s episode, we dive into the benefits of staying fit and healthy as a podiatrist with special guest Zain Hussain. Zain, the owner of Heaton Podiatry in the UK, talks about how his passion for fitness has shaped his career and enhanced his ability to care for his patients. Tune in to hear his insights on balancing health, fitness, and podiatry to achieve success both professionally and personally. Here are five reasons to listen to this episode: Inspiring Health and Fitness Journey – Zain Hussain shares his personal story of how fitness has shaped his podiatry career, offering valuable insights on the importance of staying healthy to perform at your best both professionally and personally. Practical Advice for Podiatrists – Learn how prioritising health and fitness can enhance your energy, resilience, and focus, allowing you to better serve your patients and manage the physical demands of the podiatry profession. Relatable Experiences with Injury and Recovery – Zain’s background in sports and rehabilitation makes him relatable to athletes and active individuals, offering firsthand knowledge on how to recover from injuries and maintain long-term physical health. Boost Your Career and Patient Relationships – Discover how staying fit can help you connect better with patients, create trust, and provide more effective treatment by leading through example. Actionable Health Tips for Busy Podiatrists – Whether you’re looking for simple exercises to add to your routine or ways to incorporate fitness into your busy schedule, Zain offers practical, easy-to-follow advice that can transform your health and professional life. You can follow Zain and Heaton Podiatry on Instagram @heatonpodiatry  If you have any questions about this episode or want to contact me, please email me at [email protected]. Consider coming along to my Next Event FREE Business Guidance Do you have a business question? A podiatrist I spoke with in 2024 made an extra $40,000 by following my simple advice from a 30-minute FREE Zoom call.  Think about it – you have everything to gain and nothing to lose. Please follow the link below to my calendar and schedule a free 30-minute Zoom call. I guarantee that after we talk, you will have far more clarity on what is best for you, your business and your career. MY SCHEDULE  Subscribe to my YouTube Channel – Tyson E Franklin  FACEBOOK GROUP - Podiatry Business Owners Club  MY BOOK is available on AMAZON - It’s No Secret, There’s Money in Podiatry 

I never thought HR could be remotely interesting, BUT I can honestly say I was wrong. In today’s episode, I’m joined by HR expert Phoebe Kitto, owner of HR Dynamics, to talk about the often misunderstood world of Human Resources. Most people think HR is boring, but after you listen to this episode, you will see how HR can be very exciting, and it can also cover your arse in so many areas of small business.  Phoebe explains that HR is not just about rules and compliance, but about creating a thriving, high-performing team. We discuss key strategies for managing staff effectively, the importance of clear contracts, and how to foster a positive workplace culture. Key Takeaways from this Episode: HR is about managing your most valuable asset – your team. A strong HR foundation includes clear contracts and staff handbooks. Managing staff performance effectively requires regular feedback and KPIs. The probationary period is crucial for assessing the right fit for your team. Micromanage during the probation period to ensure expectations are met. Once probation ends, shift from directing to inspiring your team. Clear communication and understanding are key to avoiding conflicts. Set realistic KPIs and use them to measure and improve staff performance. Don't avoid tough conversations – frame them in a way that invites collaboration. HR is not just about compliance; it’s a tool for improving your practice and team dynamics. If you have any questions about HR, you can contact Phoebe directly by email at [email protected] or if you'd like to contact me, please email me at [email protected]. Consider coming along to my Next Event FREE Business Guidance Do you have a business question? A podiatrist I spoke with in 2024 made an extra $40,000 by following my simple advice from a 30-minute FREE Zoom call. They were so happy they bought me a $400 bottle of bourbon. You don’t have to do that, but if you do, I won't say no!!! Think about it – you have everything to gain and nothing to lose. Please follow the link below to my calendar and schedule a free 30-minute Zoom call. I guarantee that after we talk, you will have far more clarity on what is best for you, your business and your career. MY SCHEDULE  Subscribe to my YouTube Channel – Tyson E Franklin  FACEBOOK GROUP - Podiatry Business Owners Club  MY BOOK is available on AMAZON - It’s No Secret, There’s Money in Podiatry 

In this episode of the Podiatry Legends Podcast, I had the privilege of speaking with Matthew Clarke, a two-time Olympian in the 3000-meter steeplechase. Matthew’s story is one of perseverance, determination, and an ever-evolving career that has seamlessly blended athletics and podiatry. He shares how his unique experiences in the world of elite sport shaped his approach to podiatry and the lessons he’s learned along the way. Here are the five top takeaways from the episode: The Power of Patient-Centered Care: Matthew emphasises the importance of tailoring injury management to the individual athlete’s goals, timelines, and mindset, making sure they’re actively involved in the decision-making process. Sports Podiatry and Elite Athletics Intersect: Matthew's experience as a two-time Olympian in the 3000-meter steeplechase gives him a unique insight into the demands of elite athletes, allowing him to approach podiatric care with a deep understanding of sports performance. Balancing a Career in Sport and Podiatry: Matthew successfully balances being a full-time podiatrist and competitive athlete, which allows him to bring real-world experience into his practice while continuing to pursue his own goals in athletics. The Mentality of a Champion: Whether preparing for the Olympics or a local race, Matthew highlights how the psychological approach to high performance is key to success. It's about staying focused, pushing through setbacks, and striving for the best. Mentorship’s Role in Success: Matthew credits his mentors with much of his growth as an athlete and podiatrist, showing the value of learning from others who understand the intersection of sport and healthcare. If you have any questions about this podcast episode or you're looking for a speaker for your next event, please email me at [email protected], and we can discuss my speaking topics.  Consider coming along to my Next Event FREE Business Guidance Do you have a business question? A podiatrist I spoke with in 2024 made an extra $40,000 by following my simple advice from a 30-minute FREE Zoom call. They were so happy they bought me a $400 bottle of bourbon. You don’t have to do that, but if you do, I won't say no!!! Think about it – you have everything to gain and nothing to lose. Please follow the link below to my calendar and schedule a free 30-minute Zoom call. I guarantee that after we talk, you will have far more clarity on what is best for you, your business and your career. MY SCHEDULE  Subscribe to my YouTube Channel – Tyson E Franklin  FACEBOOK GROUP - Podiatry Business Owners Club  MY BOOK is available on AMAZON - It’s No Secret, There’s Money in Podiatry 

In this episode of the Podiatry Legends Podcast, I chat with Sarah Chisem from Knaresborough Podiatry, AKA the "Paddleboarding Podiatrist." Sarah’s unique career path, which led her from law school to high-end fashion retail and eventually to podiatry, is nothing short of fascinating.  She shares the pivotal moment when she decided to leave retail and pursue podiatry, the lessons she learned from becoming a mature student, and how paddleboarding helped her reflect on her business and personal life. Don't miss this inspiring conversation about resilience, change, and entrepreneurship. If you have any questions about this podcast episode or you're looking for a speaker for your next event, please email me at [email protected], and we can discuss my speaking topics.  Consider coming along to my Next Event FREE Business Guidance Do you have a business question? A podiatrist I spoke with in 2024 made an extra $40,000 by following my simple advice from a 30-minute FREE Zoom call. They were so happy they bought me a $400 bottle of bourbon. You don’t have to do that, but if you do, I won't say no!!! Think about it – you have everything to gain and nothing to lose. Please follow the link below to my calendar and schedule a free 30-minute Zoom call. I guarantee that after we talk, you will have far more clarity on what is best for you, your business and your career. MY SCHEDULE  Subscribe to my YouTube Channel – Tyson E Franklin  FACEBOOK GROUP - Podiatry Business Owners Club  MY BOOK is available on AMAZON - It’s No Secret, There’s Money in Podiatry 

In this episode, Olivia Brown, a sports therapist, scar practitioner, and stretching specialist from Lincolnshire, UK, shares her unique perspective on collaboration and networking with podiatrists and other health professionals and why it's vital for success.  Olivia reveals how her social media presence played a crucial role in connecting her with other health professionals, and despite the occasional negativity surrounding social media, Olivia believes it is an essential tool in today’s world of work and passions. We also discuss: The Role of Social Media in Professional Networking Why Collaboration Beats Competition in Healthcare Adapting Your Business During Challenging Times The Importance of Personal Growth in Professional Development How Virtual Classes Can Expand Your Business Creating a Positive and Supportive Work Environment The Power of Listening to Your Patients Building a Network for Patient Referrals and Support The Value of Structure and Planning in Business Making Your Practice More Comfortable for Patients If you have any questions about this podcast episode or you're looking for a speaker for your next event, please email me at [email protected], and we can discuss my speaking topics.  FREE Business Guidance Do you have a business question? A podiatrist I spoke with in 2024 made an extra $40,000 by following my simple advice from a 30-minute FREE Zoom call. They were so happy they bought me a $400 bottle of bourbon. You don’t have to do that, but if you do, I won't say no!!! Think about it – you have everything to gain and nothing to lose. Please follow the link below to my calendar and schedule a free 30-minute Zoom call. I guarantee that after we talk, you will have far more clarity on what is best for you, your business and your career. MY SCHEDULE  Consider coming along to my Next Event Subscribe to my YouTube Channel – Tyson E Franklin  FACEBOOK GROUP - Podiatry Business Owners Club  MY BOOK is available on AMAZON - It’s No Secret, There’s Money in Podiatry 

In this episode of the Podiatry Legends Podcast, I’m joined by Andrew Albon from Sussex Footcare, a podiatrist with a story that will inspire you. After years of navigating the NHS and private practice, Andrew found success not just in his clinic but in creating a network of supportive colleagues.  Listen in as we dive into the power of networking, mentoring, and taking risks to build your dream clinic. Other topics we cover:  Networking is Key: Building relationships with fellow podiatrists can transform your career and business. Abundance Mindset: Viewing other podiatrists as collaborators, not competition, can lead to more growth and success. Location Matters: Moving to a more prominent location can result in a significant boost in business. Referral Networks: Creating referral links with other podiatrists increases opportunities for you and your colleagues. Community Engagement: Hosting networking events and fostering a sense of community among local podiatrists can strengthen your practice. Focus on Personal Connections: Sharing aspects of your personal life on social media helps create stronger, more authentic relationships with patients. Invest in Your Team: Building a supportive, open environment within your team fosters loyalty and helps your clinic thrive. Collaborative Mindset: Treating other podiatrists as colleagues who can help solve challenges rather than seeing them as competitors can elevate the podiatry profession. You can connect with Andrew Albon and Sussex Footcare on Facebook.  If you have any questions about this podcast episode or you're looking for a speaker for your next event, please email me at [email protected], and we can discuss my speaking topics.  FREE Business Guidance Do you have a business question? A podiatrist I spoke with in 2024 made an extra $40,000 by following my simple advice from a 30-minute FREE Zoom call. They were so happy they bought me a $400 bottle of bourbon. You don’t have to do that, but if you do, I won't say no!!! Think about it – you have everything to gain and nothing to lose. Please follow the link below to my calendar and schedule a free 30-minute Zoom call. I guarantee that after we talk, you will have far more clarity on what is best for you, your business and your career. MY SCHEDULE  Consider coming along to my Next Event Subscribe to my YouTube Channel – Tyson E Franklin  FACEBOOK GROUP - Podiatry Business Owners Club  MY BOOK is available on AMAZON - It’s No Secret, There’s Money in Podiatry 

In today’s episode, I’m diving into 30 essential tips for improving your podiatry career. From embracing AI and simplifying decisions for patients, to improving your mindset and boosting your fees, this episode offers practical, actionable strategies that can transform your practice and mindset. Tune in for a wealth of insights that will help you thrive in the podiatry profession! If you have any questions about this podcast episode or you're looking for a speaker for your next event, please email me at [email protected], and we can discuss my speaking topics.  FREE Business Guidance Do you have a business question? A podiatrist I spoke with in 2024 made an extra $40,000 by following my simple advice from a 30-minute FREE Zoom call. They were so happy they bought me a $400 bottle of bourbon. You don’t have to do that, but if you do, I won't say no!!! Think about it – you have everything to gain and nothing to lose. Please follow the link below to my calendar and schedule a free 30-minute Zoom call. I guarantee that after we talk, you will have far more clarity on what is best for you, your business and your career. MY SCHEDULE  Consider coming along to my Next Event Subscribe to my YouTube Channel – Tyson E Franklin  FACEBOOK GROUP - Podiatry Business Owners Club  MY BOOK is available on AMAZON - It’s No Secret, There’s Money in Podiatry