If you are a physical therapy practice owner, who is on the edge or on the fence about selling or transitioning your business, what are your reservations about selling your practice and what are the market drivers you will outlook in order to maximize the profit potential? What are the factors that will allow you to sell your practice as easily as possible and in terms of price and valuation?This week's The Dave Kittle Show episode, Dave Kittle will be joined again by Michael Piekutoski. Michael Piekutoski is a Physical Therapist and the Founder, Advisor/Consultant at PT Practice Sales & Consulting. He’s been in the PT world for decades and, among many roles, was the VP of Operations for a national PT company. And, now, he helps therapy practice owners with the start of their exit planning and succession planning all the way through finding buyers, conducting negotiations, and getting owners top dollar for their practice. Mike has completed over 50 PT transactions for over $115 Million in value.You can learn more about Mike and his firm’s services at physicaltherapybrokers.com or you can email him at [email protected] will touch on such topics as:How to embrace this economic instability in terms of buying and selling your private business practice.When the economy's not doing well, it will have an impact on deal structures, deal making, whether or not it seeps into our industry.There are two drivers of deal making: The rising interest rates and recession risk.Understanding how to address labor issues with an on-demand workforce can be difficult.It is important for practice owners to focus on the environment more than anything else. It’s really important to focus on managing the margins, keeping the people happy, keeping them engaged, and doing whatever they can to make sure that their reimbursement remains steady, or if there are ways to improve.The physical therapy market has been booming and this is great news for any active investor. If you are planning to get out on the market and sell your own business then this is also very good news to you.Remember that the buyer is competitive with their valuations, their multiples and their deal terms to successfully navigate through a process and close a deal.Physical therapy is not going anywhere. It may evolve depending on how the service is delivered due to the technology, but the need for qualified clinicians is growing. 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.

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