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Traction

Traction

Wahome Muriuki

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Equalizer Health has a strong traction and momentum with over 85% of new clients coming through word-of-mouth referrals. The therapy industry is growing at an average rate of 7.5% annually, making it a viable alternative to large-scale hospitals. The return on assets for the business is 5% annually, indicating successful investments in new technologies and virtual meetings. Many patients prefer virtual physical therapy visits for their convenience and flexibility. This is a significant factor contributing to the company's success. Awesome, so as far as our traction and momentum goes, Equalizer Health is in a great position because we have over an 85% turnover rate when it comes through word of mouth from client to client. We have a huge success with this and honestly, word of mouth is one of the best forms of getting new business. Also, the therapy industry has been growing very, very well. It's been averaging 7.5% annually and that's compounded, so as the years go on, it's increasing and increasing and increasing and it's becoming more and more of a viable solution instead of just going to a large-scale hospital. The ROA for this particular business is 5% annually, so the return on assets, the money we put into the new technologies, the new physical therapists, the new virtual meetings that we can do, all of that, that's been increasing 5% annually and then as well as we have been learning that more patients, they rather just come to virtual physical therapy visits than in person just because of the time and the efficiency of it, especially if they're at a point where they can go as they please instead of having to take that driver, you know, they know their doctor, they love us, but if they could save that time and energy or maybe they can't make it, instead of that fracturing their health, they can instead just choose to do it virtual and they love that. So that's one of our biggest traction moves thus far.

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