Avoid These Common Exit Plan Mistakes! (75% Fail)

Take back CONTROL of your financial future and avoid the common exit plan mistakes that 75% of practice owners make!

In this power-packed episode of the Financial Beast Podcast, host Eric Miller dives deep with Amit Gaglani PT, OCS, as he shares his journey of successfully selling his physical therapy practice for millions. Discover the strategies and insights that can maximize the value of your practice and attract potential buyers who will be salivating over your business.

Amit discusses the importance of strategic planning, understanding financial concepts like profitability, EBITDA, and cash flow, and why having a power team is crucial during the acquisition process. Learn how to build a practice that thrives independently of the owner, ensuring financial freedom and a lucrative exit.

If you're a practice owner focused on day-to-day operations, it's time to shift your mindset and become a Financial Beast! Empower yourself with the knowledge to navigate the due diligence process, negotiate effectively, and plan your exit strategy with confidence.

Don't miss out on this opportunity to build personal wealth and secure your financial future.

#FinancialTraining #WealthBuildingCourse #FinancialAdvisor #PracticeOwner #FinancialFreedom #Recession #MaximizeValue #BusinessGrowth #Econologics #FinancialBeast #BusinessConsultant #ExitStrategy #FinancialControl #PrivateEquity #PracticeValuation

CHAPTERS: 00:00 - Intro 1:36 - Why You Need an Exit Plan 5:18 - What Buyers Want in a Business 11:25 - What Makes a PT Practice Valuable 13:49 - Do PT Owners Negotiate Enough 17:43 - When Did You Start Looking at Your Practice as an Investment 19:44 - The Importance of Financial Control 24:50 - The Most Stressful Part of Exiting a Business 32:40 - Would You Do It Again 34:15 - What Would You Do Differently 35:08 - Do Your Homework on the Buyer 36:03 - What to Do with the Proceeds 41:51 - Life After Exiting 43:57 - What Are You Doing Now 45:10 - How to Reach Amit 45:53 - Outro _________________________________________________________________________________

If you would like a free consultation, please visit econologics.com or call us at 727-588-1540

Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Master AI in Your Practice: Essential Tips for Success

Ready to take CONTROL of your practice’s future?

Dive into our latest episode of the Financial Beast Podcast, where we uncover the game-changing power of AI for practice owners!

Join hosts Eric Miller and Eric Gersch as they delve into the transformative potential of artificial intelligence in the healthcare industry. From revolutionizing billing processes to enhancing client education, and streamlining policy creation, discover how AI can maximize the value of your practice and pave the way to financial freedom.

In this episode, we tackle the pros and cons of AI, address concerns about job security, and explore how to adapt in the face of technological advancements. Whether you own a physical therapy, dental, optometry, or veterinary practice, this video is packed with essential tips for success. Learn how to leverage AI to build personal wealth, expand your business, and become a Financial Beast in today’s competitive landscape.

Don't miss out! Start Your Financial Beast Training by subscribing to our channel NOW! Connect with us, leave a comment, and share your thoughts.

Get ahead of the curve, embrace innovation, and take your practice to new heights with AI!

#FinancialTraining #WealthBuildingCourse #FinancialAdvisor #PracticeOwner #FinancialFreedom #Recession #AIInHealthcare #EconologicsFinancialAdvisors #MedicalRecordsAi #MedicalBillingAi #PracticeManagementAi #InsuranceBillingAi #ClientCommunicationAi

CHAPTERS: 00:00 - Intro 1:39 - Reddit 3:29 - AI 7:07 - How can AI help a practice owner 11:15 - Education 16:01 - Pros and Cons of AI 18:30 - What AI Can't Do 23:10 - AI and creativity 25:19 - OUTRO _________________________________________________________________________________

If you would like a free consultation, please visit econologics.com or call us at 727-588-1540

Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

The Shocking Truth About Employee Benefits You Didn't Know

Unlock the secrets to employee retention with this episode.

Dive deep as Eric Miller and Eric Gersch tackle crucial strategies for maximizing employee satisfaction and engagement. In this eye-opening discussion, you'll discover innovative approaches to benefits that go beyond the basics of health insurance, retirement plans, and paid time off. Learn how unlimited time off and financial assistance can dramatically boost retention and productivity.

This episode is packed with actionable insights for practice owners and business leaders who want to take back CONTROL of their workforce dynamics and build personal wealth through smarter employee management. Whether you're struggling with HR challenges or simply looking to enhance your current benefits package, we've got you covered.

Don't miss out on this episode to elevate your practice and ensure your employees are happy, engaged, and here to stay!

#TrainingPrograms #RetainEmployees #FinancialTips #EmployeeRetention #EmployeeIncentives

CHAPTERS: 00:00 - Intro 3:02 - What Benefits Should I Offer My Employees 3:36 - The Importance of Keeping Employees Happy 8:59 - Standard Benefits for Employees 16:25 - Other Benefits 20:30 - Staff Bonus Systems 24:28 - Financial Help for Your Associates _________________________________________________________________________________

If you would like a free consultation, please visit econologics.com or call us at 727-588-1540

Get Social With Us! LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancial YouTube: https://www.youtube.com/@FinancialBeast Twitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/ Website: https://econologicsfinancialadvisors.com/

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.