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Business Senses, USE Them for Systemizing

  As a business owner, would you like to eliminate some stress from your life?  Consider having systems in place.  Documenting what really works can make you, your employees, and your processes more efficient and effective.   People want to work with companies that treat them well and they want to know what their job responsibilities […]

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identifying business goals

Growing the Value of Your Business- Getting Ready to Sell?

In our experience most owners do not know how to grow value in their businesses: “…71% of small and mid-sized enterprise owners plan to exit their businesses within the next ten years, strongly highlighting the growing importance of enhancing business value. However, the challenge is that few organizations genuinely understand what actions they must take […]

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Using Multiple Entities To Save Tax Dollars

Have you considered using multiple entities to save tax dollars for you home health business? We’ve met few business owners who believe they should pay more income taxes every year. Instead, most are frustrated with the inability to engage in meaningful income tax planning that reduces the annual tax bite. Take Thomas Lamplighter for example. […]

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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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