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Contemplating the Future Sale of Your Home Care Business

Contemplating the Future Sale of Your Home Care Business

To help prepare for the sale of your home care business and to achieve maximum value, we’re come up with five key considerations: 1.  Keep and maintain important financial records.  They will provide a valuable and visible first impression to potential buyers or home care brokers.  Allow access to adequate documentation to alleviate their concerns.  […]

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Value Driver 3: Systematizing Internal Operations in your Home Care Business

Value Driver 3: Systematizing Internal Operations in your Home Care Business

*We have been discussing various methods business owners use to build value in their home care companies to achieve their post-exit goals.  Foremost in this process is creating a written value-building plan, which includes four important value drivers, today we discuss Value Driver Three, Systemizing Internal Operations in your Home Care Business The systematization of internal operations […]

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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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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! […]

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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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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 […]

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