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Exit Planning Starts Now: Building a Practice Worth Buying with Sean Healy
Private Practice Survival Guide
Thinking about selling your private practice? This episode of the Private Practice Survival Guide podcast is a must-listen! Join host Brandon Seigel and expert Sean Healy from Accounted4 LLC as they break down the complexities of exit planning. Learn how to build a practice that's worth buying, but highly desirable, understanding the factors that drive valuations from a two-time to a five-time multiplier. Discover crucial financial strategies, common pitfalls to avoid, and the importance of strategic planning years before you even consider selling. Optimizing your practice's systems and financials now can lead to a significantly more lucrative exit in the future.
What You'll Learn:
- Why starting exit planning 3-5 years in advance is critical.
- The key factors that increase your practice's valuation and multiplier.
- How different types of buyers (individuals vs. private equity) approach valuations.
- The importance of showing growth trajectory, not just current earnings.
- Common EBITDA tiers and how they impact your multiplier.
- How to avoid common mistakes like emotional valuation and selling during a downturn.
- Essential financial records buyers scrutinize during due diligence.
- The impact of the owner's personal involvement on practice valuation.
Prepare your private practice for a successful and profitable exit by implementing these expert strategies today! #ExitPlanning
#PrivatePractice #BusinessSale #HealthcareBusiness #FinancialStrategy
Sean Healy is the President and Founder of Accounted4 LLC, a leading firm specializing in financial management and advisory services. With over two decades of experience, Sean has built Accounted4 into a trusted partner for businesses seeking expert guidance on accounting, operational strategies, and financial planning. His vision for the company centers on empowering clients with transparent, data-driven solutions tailored to their unique needs. Passionate about innovation and client success, Sean is driven with a commitment to delivering personalized service and fostering long-term financial health for the organizations Accounted4 serves.
https://www.linkedin.com/in/healysean/
https://www.linkedin.com/company/accounted4-llc
Welcome to Private Practice Survival Guide Podcast hosted by Brandon Seigel! Brandon Seigel, President of Wellness Works Management Partners, is an internationally known private practice consultant with over fifteen years of executive leadership experience. Seigel's book "The Private Practice Survival Guide" takes private practice entrepreneurs on a journey to unlocking key strategies for surviving―and thriving―in today’s business environment. Now Brandon Seigel goes beyond the book and brings the same great tips, tricks, and anecdotes to improve your private practice in this companion podcast.
Get In Touch With Me
Podcast Website: https://www.privatepracticesurvivalguide.com/
LinkedIn: https://www.linkedin.com/in/brandonseigel/
Instagram: https://www.instagram.com/brandonseigel/
https://wellnessworksmedicalbilling.com/
Private Practice Survival Guide Book
This show is proudly produced at PS Studios — learn more https://www.psstudios.co
