Aspiring Owners

 

Choosing The Right ownership opportunity

The decision to become a practice owner is a big one. But it’s only the beginning. Choosing which practice to purchase or what model of ownership best fits you and your family is the next big one! We look at each ownership opportunity with you; reviewing the hospital’s past financial performance, conservatively forecasting the cash flow available to pay the bank loan (and the owner), highlighting growth potential and areas that may be risky or need more dudiligence, and calculating your return on investment so that you have the information you need to make the best possible decision.

 

Start Up Support

Considering a start up? We help you determine the market capacity for your new practice, identify challenges and opportunities, choose the right location, and even help you with a business plan if the bank requires one. We are also available for mentorship through the early stages of ownership if you need it!

 

New Owner Mentorship

Practice ownership does not need to be a solo venture. We work with new owners to help them transition into their new role, mitigating the “overwhelming feeling” and avoiding “new owner” pitfalls. We start by discussing your goals for ownership, identifying the areas where you need mentorship or assistance, and then building a consulting plan together that fits your needs and your budget.