Blog

Selling your Home Care Business: Handling Calls from Potential Buyers

Selling your Home Care Business: Handling Calls from Potential Buyers

I have fielded several calls over the past few weeks from home care business owners who were considering selling after being contacted by potential buyers.  The owners felt a bit overwhelmed and intuitively grasped that they needed someone in their corner to guide them through the process.  My immediate response was:  darn right, you do! […]

Leave a comment Continue Reading →
How Much is All This Exit Planning Going to Cost?

How Much is All This Exit Planning Going to Cost?

In a previous blog, fictional owner, Dennis Bradenton, had called his accountant to ask her to help him transfer his company to his management team. No stranger to Exit Planning, his accountant assembled all of Dennis’s advisors and launched a complete Exit Planning process. She began, not with an examination of how a transfer to […]

Leave a comment Continue Reading →
Can You Sell Your Home Care Company to an Outside Third Party?

Can You Sell Your Home Care Company to an Outside Third Party?

Making the Case for Transfer to Insiders Here at Partners31 we talk to business owners every day who are convinced third party sales are safer and more profitable than insider transfers (to family members or employees).  Are they correct? As diplomatically as possible, we suggest that they just might be dead wrong. Third party sales […]

Leave a comment Continue Reading →
Financial Needs Analysis for Home Health Care Companies – Is It Important to You?

Financial Needs Analysis for Home Health Care Companies – Is It Important to You?

Financial needs analysis is an important part of exit planning for business owners.  For owners who don’t have many assets outside your businesses, this analysis reveals precisely how much you need to make from the sale or transfer of your company to meet all your exit planning goals, including your lifestyle needs once you are […]

Leave a comment Continue Reading →
Keeping an Even Keel in a Stormy Economy

Keeping an Even Keel in a Stormy Economy

Faced with an economy that won’t seem to recover, many home care business owners are struggling with their exit planning strategies.  Here at Partners31, our advisors know there is no single route through troubled waters that will help you meet your unique exit planning objectives.  We will look at three options facing home care owners: […]

Leave a comment Continue Reading →