#PTonICE Podcast Episode 1944 - Starting your own practice, pt. 4: financing
Mar 27, 2025
Discover essential funding strategies for starting a therapy practice. Tips include utilizing grants for low-risk financing and exploring loans and credit options. Learn about tracking expenses to unlock tax savings and maximize your startup capital. Plus, gain insights on engaging with the community through social media and events for support and growth.
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Prioritize Grants
- Seek grants first when starting a business, as they offer free funding.
- Explore federal, state, county, and city grant options thoroughly.
Grant Application Story
- Alan Fredendall shares his experience securing grant funding for a veteran's nursing program.
- He emphasizes applying even for grants with low chances of success.
Local Grants
- Explore grant options at the local level (state, county, and city).
- Although smaller amounts, these can accumulate to substantial funding.