The Clinic Boss Show

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Welcome to The Clinic Boss Show podcast! This show is for Physical Therapy, Chiropractors, Dentists, and Massage therapy clinic owners who want to make more money, impact more people while having more freedom. Learn from Rick Lau, the $83/million dollar a year Physical Therapy and Chiropractic clinic owner. With over 127 successful clinics. Inside each episode, Rick shares his secrets to growing a Physical Therapy and Chiropractic clinic from $0 to $83/million per year. Plus interviews highly successful clinic owners to get them to spill the beans on their secrets to becoming the go-to clinic in their community, getting more patients, treating less while making more, and so much more.

Episodes

Thursday Jan 18, 2024

Paul Moon & Morgan Tate: Buyer and Seller Negotiations, Exit Planning, Valuation in Business

Thursday Jan 18, 2024

In this new episode Rick sits down with Morgan Tate and Paul Moon, experts in mergers and acquisitions, and has successfully navigated some of the trickiest clinic deals in the business.

Morgan is co-founder of DealBuilder, partner at Chinook Business Advisory and the founder of Tipsy Wealth, a newsletter that celebrates mind-numbing problems faced by entrepreneurs. He is on a mission to revolutionize the way businesses are bought and sold.

In this conversation Rick, Paul & Morgan discuss topics, such as:

- Impact of COVID on Business Sale and Buyer Activity

- Business Closures and Bankruptcies

- Classification of Sellers in the Business Market

- Clinicians' Departure and Clinic Challenges: Navigating Staff Turnover in the COVID Era

- The Importance of Proper Exit Planning for Businesses Looking to Sell

- Costly Consequences of Improper Accounting and Missed Lifetime Capital Gains Exemption

- Importance of Qualified Accounting in Business

- Share Sales and Valuation in Business

- Closing Business Deals: Preparing for Due Diligence, Boosting Buyer Confidence and Diligence Checklist

- Common Seller Mistakes and Reasons for Deal Failures

- Importance of Experienced Advisers in Business Transactions