Practiceology "7 Questions in 7 Minutes" Podcast

How to Sell Your Practice and Exit Like a Boss with Craig West

Episode Notes

🚀 New Episode Alert! 🚀

Just wrapped up an insightful episode of the Practiceology™ 7 Questions in 7 Minutes podcast with special guest Craig West, the mastermind behind Succession Plus. 

If you're a business owner in the health industry thinking about your exit strategy, this episode is packed with invaluable insights you won't want to miss!

🎙️ Episode Title: "How to Sell Your Practice and Exit Like a Boss" with Craig West

🔑 Key Takeaways:

Early Preparation is Crucial:

Successful exits require thorough preparation well in advance. Start planning your exit from day one to maximize the value you can extract from your business.

Understand Your Business Worth:

Most business owners don't have an accurate view of their business's value. A key step is conducting a value gap assessment to understand your current value and potential growth.

Get Out of Your Way:

A business overly dependent on its owner is less attractive to buyers. Focus on creating a self-sustaining operation to enhance its market appeal.

🔗 Resources Mentioned: Visit www.succession.plus to access a wealth of tools, including the value gap assessment tool.

"The Value Gap Assessment" is at this link:

Unlocking Business Potential: Accelerate Your Value with the Value Gap Assessment Tool

 

 

Is Your Health Business Leaking Money?

Find Out by Completing the FREE 2-Minute Practice Efficiency Survey – PLUS Get a FREE pdf Copy of Paul Wright’s Amazon Best Seller -“How to Run a One Minute Practice” at:

https://www.mypracticeology.com/

 

FREE “Earn More – Work Less- Kickstart” Session

To find out if you are suitable for the Practiceology™ program – click on the link below and book a FREE “Earn More Work Less – Kickstart Session" with program creator - Paul Wright:

https://www.mypracticeology.com/kickstart/