Exiting: The Ultimate Guide to Using Your Practice as a Wealth-Creation Vehicle with Joanna Oakey

You've worked hard to build a successful practice, and now it's time for the payoff. You want the freedom to do what you love when you want, where you want it. But how do you get there? How will you unload your private practice that will create wealth and maximize your retirement position? This week's The Dave Kittle Show episode, Dave Kittle will be joined by Joanna Oakey. Joanna has wide experience working with a large and diverse portfolio of organizations in the areas of mergers and acquisitions, contract law, procurement, commercial law, and branding. She has also conducted training throughout Australia covering all areas of contract law, as well as in compliance and the Competition and Consumer Act (formerly the Trade Practices Act). Drawing from key experiences in multiple jurisdictions, Joanna provides a range of proactive and commercially driven services to assist business managers, compliance officers and procurement officers in all facets of legal business risk. We will touch on such topics as: The principles of acquisition can help both you and your business grow.This can lead to more clients, more products, and more investors. Similarly, the principles of exit tell you when to hold your businesses and when to fold them; it's not all about making the most money possible in a business—it's about balancing that good deal with where your heart is. Not all buyers are created equal. Some will be focused solely on acquiring a business. While others will be focused solely on acquiring a growth rate. When it comes to buying a business, exit can play a pivotal role in helping you grow. Healthcare can be an extraordinary business opportunity for anyone seeking a good profit level and an excellent return level. Acquiring a company is more than just making an offer and shaking hands. It's about building value together and aligning on the future. Acquisitions only make sense if you can create value together and build it in a way that works for everyone. You need to fully prepare for the exit from your business and make sure that you get the best possible return on your investment. Preparing your business exit is not just about making a deal, but ensuring that you are getting the value you deserve for your hard work. Protecting the value you have today and making sure it's getting maximized. When you are ready to sell your business, you will want to make sure that you have done all you can to ensure a successful exit from the business. This means understanding how tax laws apply to your situation and being prepared for any eventuality. Business exit is an emotional process. Even though you are likely approaching this end of your business with a great deal of excitement, you should still be aware that there will be a great deal of emotion attached to it. The risk in the value is the risk that the value will not be realized. P.S. Subscribe, rate, and review Here Connect with Joanna: Get Her Book: BUY, GROW, EXIT: The Ultimate Guide to Using Business as a Wealth-Creation Vehicle on Amazon. Podcast: The Deal Room (Listen on Apple Podcasts Here) Website: https://www.aspectlegal.com.au/ And, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice. Connect with him on: Email: Dave@Conciergepainrelief.com Instagram: