41. Size matters: getting the size of your healthcare practice right from the start

With Stephen Strecker

If you go too big, you're locking yourself into an expensive lease that could limit your cash flow.

If you go too small, you could stunt your growth and trap yourself in a space that feels tighter by the day.

Healthcare providers face a crucial imperative to get it "just right" when they hunt for commercial real estate. And that's certainly heightened by current market challenges, the impact of high-demand locations on success, and the balancing act of space versus budget.

Meet our guest

In this episode, we're talking to Stephen Strecker, president and founder at Tower Realty Partners, who has helped hundreds of healthcare providers find real estate to open their first practice, purchase a building to relocate, or open a second practice.

In this episode

Why choosing the right location is crucial for the success of a healthcare practice
Factors healthcare providers should consider when searching for a location
How the number of doctors, exam rooms, and treatment rooms creates a formula for the footprint of a practice
How to consider the potential for future expansion when selecting a space
The risks and benefits to both leasehold space and buying a building for a healthcare practice

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