Top Things to Keep in Mind if You Plan to Sell Your Spa or Medical Practice in the Next Five Years
Posted on November 2, 2019
As some people dream to open a new medical business for the first time or open a new location, you might unexpectedly find yourself on the other side of the fence – trying to sell your spa or medical practice. For some, they always knew that the day would come and it did not catch them off guard. Whichever side of the coin you land on, one day you will have to pass the torch, whether it be your day spa, medical spa, or cosmetic medical and surgical practice. The trick to getting the most bang for your buck with the least amount of stress is to form a plan ahead of time.
Read our partners’ (Jay Shorr and Mara Shorr) article for DERMASCOPE Magazine: ”Top Things to Keep in Mind if You Plan to Sell Your Spa in the Next Five Years” to learn how to execute your exit strategies and what you have to pay extra attention to when wanting to sell your spa or medical practice. In their article, Jay and Mara explain why and how online presence, determining profitability, choosing an exit strategy, and even bringing in a third-party consultant will make selling your practice successful. You have to prepare so you don’t become someone who says, “I wish I had thought of this ahead of time.”
Preparing for the Unexpected:
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About Shorr Solutions:
Shorr Solutions is an award-winning practice management consulting company with offices in South and Central Florida. We work with aesthetic medical practices in all 50 states of the U.S. to help them strengthen the operational, financial, and administrative health of their business. With decades of industry experience, our father-daughter partners, Jay Shorr and Mara Shorr, lead our knowledgeable team of experts to assist practices in the aesthetic medical fields increase efficiency, increase revenue, and decrease their costs.
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