The Dave Kittle Show

Why Waiting to Tell Staff About a Sale Can Backfire


Listen Later

Why is it risky to wait until after a business is sold to tell your employees?


How can business owners prepare their team for a future sale without creating panic?


In this episode of The Dave Kittle Show, Dave talks with Ruth Mannschreck, a retired dentist turned business strategist. Ruth shares lessons from building and selling her dental practice, including key mistakes she made. She stresses the value of involving employees early in the sale process to keep morale up and make the transition easier. Ruth also highlights the need for clear communication, practice tours with buyers, and building a strong team culture that reflects core values.


You can connect with Ruth Mannschreck to access her free checklist, “10 Things To Do Before Selling a Business,” at https://shorelinestrategies.lpages.co/2025-mar-prep-to-sell-checklist-optin-podcast-cta/


In this episode, we cover:

[01:14] Guest Introduction: Ruth Mannschreck

[01:31] Ruth's Background and Experience

[03:12] The Importance of Preparing to Sell Your Business

[03:35] When to Inform Employees

[04:02] Ruth's Approach to Team Involvement

[05:40] Building a Magnetic Culture

[08:01] Tactical Approaches to Informing Your Team

[10:17] Practical Tips for Business Tours and Employee Involvement

[11:36] Debriefing After Tours

[14:01] Ruth's Personal Experience and Lessons Learned

[17:58] Preparing for a Sale

[22:02] Conclusion and Contact Information


Do you want to pick Dave’s brain? Ask him a question about practice valuations, offers, or potential partnerships? Click this link and book a call with him on Clarity: https://clarity.fm/davekittle/expertise/physical-therapy-merger-acquisitions-valuations-healthcare-marketing-sales


Connect with Dave on:


Email: [email protected] 

Instagram: @davekittle

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

or

Call (646)-781-8884


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

or

Call (646)-781-8884

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

...more
View all episodesView all episodes
Download on the App Store

The Dave Kittle ShowBy Dave Kittle

  • 5
  • 5
  • 5
  • 5
  • 5

5

19 ratings


More shows like The Dave Kittle Show

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,106 Listeners

The EntreLeadership Podcast by Ramsey Network

The EntreLeadership Podcast

4,326 Listeners

PT Pintcast - Physical Therapy by Jimmy McKay, PT, DPT

PT Pintcast - Physical Therapy

190 Listeners

The Ask Mike Reinold Show by Mike Reinold

The Ask Mike Reinold Show

366 Listeners

Ramsey Everyday Millionaires by Ramsey Network

Ramsey Everyday Millionaires

3,650 Listeners

Grow Your Practice Podcast by Grow Your Practice Podcast

Grow Your Practice Podcast

61 Listeners

The P.T. Entrepreneur Podcast by Dr. Danny Matta, PT, DPT, OCS, CSCS, & Entrepreneur

The P.T. Entrepreneur Podcast

247 Listeners

Physical Therapy Private Practice: Secrets of the Top 10% by Brian J. Gallagher, PT.

Physical Therapy Private Practice: Secrets of the Top 10%

79 Listeners

Private Practice Owners Club by Nathan Shields

Private Practice Owners Club

57 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,037 Listeners

JOSPT Insights by JOSPT

JOSPT Insights

82 Listeners

Physio Network by Physio Network

Physio Network

35 Listeners

Whats Best For The Patient Is Best For Business by Jerry Durham

Whats Best For The Patient Is Best For Business

7 Listeners

Strata Studios by Paul Singh & Thomas Schreiber

Strata Studios

11 Listeners