As a practice-owner, how do you avoid the common mistakes practice owners make when considering the sale of their business? What are the key steps and strategies that can help you maximize your exit’s profitability and ensure a seamless transition? 

Join Dave this week as he engages in an enriching discussion with Dawn Bloomer. Dawn began her entrepreneurial career as a veterinarian specializing in racehorses As a vet, she focused on helping her clients get peak performance from their horses. The name of her business, “Productive Pressure™,” came from finding the sweet spot: enough pressure to get fast - but not too much, so as to avoid injury. She helped her practice grow to multiple seven figures, join forces with other practices, and eventually be acquired by a larger aggregator. 

Connect with Dawn via LinkedIn at https://www.linkedin.com/in/dawnbloomer/ , visit her company's website https://productivepressure.com/ or you can reach her via email at [email protected]

In this episode, they will touch on such topics as:

• Dawn's background: How Dawn pivots from veterinary practice to practice consulting and preparing practices for sale.
• The challenges of selling a practice: Obstacles encountered when buying practices
• The importance of understanding the details of a deal: The creative ways a deal can be structured when considering exiting or selling their practice
• The value of having an advisor: The crucial moves in emphasizing, citing instances where the attempt to save money instead led to accruing stress and complications.
• The different roles of practice owners: The challenges faced by professionals, includes having all knowledge, the spotlight, and especially the pressure of being the responsible authority.
• Solo practitioners or businesses with a small team and their potential options for a successful and profitable exit.
• The realization that many professionally profitable practice owners find: The insightful perspective on the difference between a profitable business and a sellable one.
• Long-term vision over short-term gains: How to step out of their comfort zones and explore options for exiting their practice in the most profitable way.

P.S. Subscribe, rate, and review Here

Connect with him on:

Email: [email protected]

Instagram: @davekittle

LinkedIn: https://www.linkedin.com/in/davekittle/

or

Call (646)-781-8884

Hosted on Acast. See acast.com/privacy for more information.