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The Dave Kittle Show

What Trips Up Practice Owners as They Think About Selling, Plus the 3 G’s with Paul Cronin

Ep. 92

Are you a private owner who isn’t sure about selling their practice because of the fear of retirement to a change in lifestyle that holds you back? How will you prepare yourself with all of these issues - from preparing you and the business for sale in order to come up with the right strategy that finds the right buyers for your business? 


This week's The Dave Kittle Show episode, Dave Kittle will be joined by Paul Cronin. Paul Cronin has over 30 years of professional experience in sales, management, consulting, and entrepreneurship.  He has owned three businesses including a data analytics business, a golf training business, and an exit planning/consulting business. He has been part of the M&A world since 2009, initially in exit planning before moving to transactional work.  Paul joined the M&A practice at True North Advisors Group in 2021.


Learn more about Paul Cronin at https://www.theplatinumyears.com/ and https://www.tnag.org/ 

Free download at this link: https://www.theplatinumyears.com/programs/self-directed-learning/whats-next-future/

What’s Next for Your Future?... other than the 3 G’s, Golfing, Gardening, and Grandkids.

 

We will touch on such topics as:

  • What are the biggest barriers, hurdles, or  things that trip up private practice owners or physical therapy practice owners when they go to consider or think about exiting or selling? 
  • There's really two parts of selling your business: transactional and transition.
  • Sellers should be willing to spend time to address those fears to a trusted advisor they can speak with. 
  • When you look at all other aspects of your life, what tends to happen is that intellectual work becomes less important when you slowly divert yourself from your business. 
  • What are some ways that owners can counteract their fears about this whole selling or exiting process?
  • How does your fear have a negative impact on your thinking about your future in retirement? What positive statement can you use to counter this fear?
  • What are the three Gs? 
  • Selling your business is an emotional process and there’s a psychological competent involved.


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And, 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: Dave@Conciergepainrelief.com

Instagram: @davekittle

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

or

Call (646)-781-8884

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