
Another CBDC Success Story: Central Laser Therapy
A multidisciplinary therapy clinic for pain, injury, and arthritis, Central Laser Therapy is the 2015 Business Award of Distinction winner. Central Laser Therapy uses ancient Chinese medicine combined with modern laser therapy to treat its clients. Opened in 2008 and located in Grand Falls-Windsor, Central Laser Therapy has a staff of three including owner, Derek Hayden. Hayden is a registered acupuncturist, a certified myoskeletal alignment therapist, and a laser therapist. A registered massage therapist is also on staff, enabling Central Laser Therapy to offer results-based strategies that separate them from the competition.
A love of healthcare and an entrepreneurial spirit drew Hayden to the field and a business loan from CBDC Central made his dream a reality. Through CBDC financing, Hayden purchased vital operating equipment, which doubled revenue and increased profit margins. The growth continued with a move to a new location that quadrupled his treating capacity and trebled his patient list. About his experience with CBDC, Hayden said, “With the CBDC, there is a real feeling of support and guidance, and those whom I have dealt with have been absolutely great!”
The integrated therapies offered at Central Laser Therapy are non-invasive, covered under most health insurance plans, and give the company a reputation for achieving results. Undaunted by a lack of public awareness about alternative healthcare therapies, Hayden rises to the challenge of increasing the public’s understanding, educating on how the therapies work, and providing a realistic assessment of presenting conditions. A member of the Canadian Federation of Independent Business, Hayden feels that the business model of Central Laser Therapy is easily adaptable to other towns or regions with a demographic similar to Grand Falls- Windsor. While content with the busy pace of his current practise, Hayden is primed for future expansion as demand dictates.