Archive | home care business valuation RSS feed for this section

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 […]

Leave a comment Continue Reading →
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 […]

Leave a comment Continue Reading →
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 […]

Leave a comment Continue Reading →
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. […]

Leave a comment Continue Reading →
Identifying Home Healthcare Business Fundamentals and Putting Them in Order

Identifying Home Healthcare Business Fundamentals and Putting Them in Order

As we continue discussing how to close the gap between what you have and what you need, let’s look at business fundamentals and how to address them to build business value.  Business fundamentals are those basic housekeeping tasks that reduce your risk.  We want to put into place mechanisms to protect business value. Business fundamentals […]

Leave a comment Continue Reading →
selling your homecare business

Selling to Insiders – How Much Can you Sell your Home Care Business for?

If you wish to transfer your business to an insider(e.g. employees, children, co-owners) and want to receive full value, then generally that value cannot exceed four times your true cash flow.  We define “true cash flow” as the pre-tax money distributed to owners via salary, bonuses, company distributions such as S-distributions, and all rental payments […]

Leave a comment Continue Reading →