Risa Baker - 2/6 - Partners31: Specializing in Health and Human Services
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Tactical Planning Leads to Successful Outcomes

The Gap Between You and a Successful Exit: Do You Know Yours?

Have you taken time to identify and quantify your value gap?   A value gap is created when the amount of money you will need to leave your company is less than the current value of your company.  The size of your gap determines what needs to be done how it is to be done when […]

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Building Home Care Value with Tactical Planning

Building Home Care Value with Tactical Planning

Building value in your home care business and setting goals for exit planning does not happen by accident.  Partners 31 helps you develop your overall strategy as well as the specific tactics, the means by which you execute that strategy, necessary to achieve your goals. Let’s take the example of “Stuart,” a typical home care […]

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cash flow is king when selling your business

Cash is King

Cash is King, but  for the cash buyer, a slight modification to our saying is required: “Cash Flow is King.” Our advisors often hear from business owners who say, “My friend sold her business for a six times multiple. Can I get the same type of multiple for MY business?” To understand why the answer […]

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Make Time for Annual Planning Meeting

Annual Planning Meeting for Home Health Care Business Owners

The annual planning meeting…Followers of our blog understand that Exit Planning is an ongoing process that begins with establishing your exit objectives and home care business valuation and ends with your successful exit. Along the way, you and your team of advisors focus on increasing and preserving business value and protecting business value from creditors. […]

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8 Ways to Exit Your Business

8 Ways to Exit Your Home Health Care Business

According to Paul Simon, there are fifty ways to leave a lover. We may not be as resourceful as Mr. Simon when it comes to saying goodbye, but we were able to come up with eight ways for owners to leave their home health care business. 1. Transfer to a family member 2. Sale to […]

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Time: Too Much or Too Little? Exit Planning for Home Care Agency Owners

Time: Too Much or Too Little? Exit Planning for Home Care Agency Owners

Exit Planning?  Oh, I’ll have plenty of time for that later! Exit Planning?  I’m too busy to think about that now! Sound familiar?  The problem is that active, successful business owners like you seldom slow down, and despite your best intentions, you often bite off more than you can chew.  We can’t cram any more […]

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