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My Lawyer Told Me Not to Do It!

My Lawyer Told Me Not to Do It!

Many business owners have called one of their brokers or advisors to complain that their lawyer (or CPA or financial advisor or insurance professional) told them that they should not even think of transferring their business to their child and key employees, but they want to do it anyway. If you’ve made this type of […]

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Make exit-planning a priority in your business

Work On – Not Just In – Your Home Health Care Business

The purpose of exit planning is to leave your home health care business on your terms and on your schedule. Owners begin thinking about their exit process when two streams of thought begin to converge. The first stream is a feeling that you want to do something besides go to work every day—either you would […]

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Two Proven Ways to Guarantee Top Dollar For Your Home Care Business

Two Proven Ways to Guarantee Top Dollar For Your Home Care Business

According to Inc. Magazine, approximately ten million business owners will attempt to sell their companies within the next decade.  This is a clear sign of a highly competitive marketplace, and most home care business owners understand the importance of assessing their business valuation.  And knowing what your business is worth to potential buyers is just […]

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Exit Planning and Home Care Insider Transfers

Exit Planning and Home Care Insider Transfers

In the complex world of home care mergers and acquisitions, our advisors at Partners31 have found that many owners overlook the risks of third-party sales and the benefits of insider transfers.  Of course, all sales and transfers are risky, especially without the benefit of brokers or advisors.  Business owners reduce their risk with careful exit […]

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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 […]

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