I never do this, and prob never will again but I wanted to share with you a project review I just had with a client. We are coming up on the end our 1 year relationship and are in negotiations for how a continual working relationship will look for year two & three.
Since starting our collaboration their operational expenses (cost) are 60% less than when we started working together. Their current revenue is approaching a 3X in growth with multiple high level ideas being worked-out to continue this upward trend.
This is a hybrid practice with 2 providers & Health Coach. I share this with you so you can see what is possible.
There was no one major fix. It has been a continual evaluation and reevaluation of processes and workflow; Application / Platform assessment and modifications, Leveraging technology when possible and optimizing virtual support.
Their supplement sales are now done in house with their integrated supplement store and is currently generating a 36% profit margin. We see realistic growth in this area to hit $25,000 per month by end of Q4 2020.