7 Tips To Maximize the Sale Price of Your Physical Therapy Practice with Anthony Maritato

09/12/2022 44 min Episodio 68
7 Tips To Maximize the Sale Price of Your Physical Therapy Practice with Anthony Maritato

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Episode Synopsis

When you're selling your physical therapy practice, you want to make sure that you get the most money possible. What are the few things that you can do before you put your physical therapy business on the market? How will you be able to get a higher price for your practice and make it easier for potential buyers to see the value that you have created in your business?This week's The Dave Kittle Show episode, Dave Kittle will be joined again by Anthony Maritato. Anthony (Tony) Maritato is a physical therapist, private practice owner, and online business entrepreneur. He owns Total Therapy Solutions in Ohio with 2 outpatient physical therapy clinic locations. He’s been a licensed PT since 2006 and a practice owner since 2002. Tony is also the founder of several successfully growing projects and businesses including not limited to: Choose PT 1st Website: https://www.choosept1st.com Choose PT 1st Blog: https://www.choosept1st.com/blog/7-ways-to-maximize-the-sale-value-of-your-physical-therapy-businessLearn Medicare Billing Website: https://www.learnmedicarebilling.com Learn Medicare Billing YouTube channel: https://www.youtube.com/c/MedicareBilling “Medicare Home Therapy” website directory: https://www.medicarehometherapy.com Connect with Tony Maritato on Facebook at: https://www.facebook.com/anthony.maritato.73We will touch on such topics as:Knowing the value of a network is knowing the value of the people that you surround yourself with. It's also important to remember that it takes two people cooperating for a network to work: one person has to be willing to give and the other has to be willing to take.Getting your finances organized is a great way to take control of your money and feel more secure about your financial future.A huge component of the value is the team that you can put together and making sure that that's a team that's gonna stick together as they go to the new owners.As a patient, you have to be able to trust that the service you're receiving is going to be delivered with care. If you don't feel confident in your provider's abilities, then it's not going to matter how much time and money he or she spends on you.If you're looking to accelerate growth, it might make sense to focus on improving customer retention rates. This can be done through better customer service.Building a massive moat around your business is a great way to protect it from the competition. The moat will keep competitors out, and allow you to focus on building your business without having to worry about other companies stealing your customers.The competitive advantage in the healthcare industry.If you're the owner of a business who is ready to sell and you're willing to stay on board during the sale process, I think there's a massive benefit and value in doing so.  P.S. Subscribe, rate, and review HereAnd, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice.Connect with him on:Email: [email protected]: @davekittleLinkedIn: https://www.linkedin.com/in/davekittle/orCall (646)-781-8884 Hosted on Acast. See acast.com/privacy for more information.