The Dave Kittle Show

Living in this modern world, how much money do you need to live the life that you want to live? Once you've attained the degree of achievement you're after, it's simpler to focus on other significant facets of your life. However, everyone's definition of financial success is unique, so how could one become a financial beast? What can practice owners do to be successful financially in order to deal...

Transitioning a practice affects the employees and business, which is why there are a lot of things to consider first before exiting. But how can you, as a business owner, determine what’s important when starting to look at an exit strategy or develop a succession plan? What are the types of models and frameworks that you can have in place and think about before you take your practice to market? T...

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 experie...

The year is almost over - what can you do to make your next year even better? How can you reflect on what we can do better in order to improve the following year? This week's The Dave Kittle Show episode, Dave Kittle will be joined again by Jamey Schrier. Jamey is a physical therapist, previous private practice owner, author, coach, consultant, and speaker. Jamey helps physical therapy practice ow...

As a business owner, you know that growth is essential to the success of your company. But how do you grow successfully? How do you actually get people talking about what they love about your clinic? This week's The Dave Kittle Show episode, Dave Kittle will be joined again by Andy Zapata. Andy Zapata is an occupational therapist and the Founder & CEO of Physical Therapy Now Franchise, Inc., i...

When you're selling your practice, you want to make sure you get the highest valuation for it. How would you make your practice valuable and how can you market yourself so you attract the right buyers for your business? Consider whether there are any other practices that could benefit from acquiring yours, and if so, how would those benefits be communicated? This week's The Dave Kittle Show episod...

As a private-practice owner, have you ever asked yourself, "If I decide to sell some or all of my private practice, what are the things I need to consider before making a decision?" How do you know the right time to sell some or all of your practice? Do you have to wait until it's “too late”? This week's The Dave Kittle Show episode, Dave Kittle goes solo and talks about The Four Questions you nee...

To keep your private practice running, you must be able to generate revenue and maintain a sufficient cash flow. But what is the ideal amount of patient frequency that ends up with the best result for your financial strength? How much management is in place to make the practice last longer? And how can you make the practice valuable if you don't know you can at least have a conversation whenever y...

As we see the world around us slip further into uncertainty, many of us are asking ourselves: “How should I invest?” or “Where should I invest?” How can you reach your investment goals with different types of assets? This week's The Dave Kittle Show episode, Dave Kittle will be joined by Denis Shapiro. Denis began investing in real estate in 2012, when the market was just beginning to recover from...

If you've been in business for a while and feel that it might be time to sell, there are a few questions you should ask yourself before making that decision: “Is MY Solo Physical Therapy Practice sellable?” “How much would I be looking for?” What are the processes of finding out if MY Physical Therapy Practice is actually sellable?  This week's The Dave Kittle Show episode, Dave Kittle will be joi...

As a private practice-owner who is looking to sell or exit your business, inflation is a concern as to what kind of return you will make in the next 3-5 years. What external strategies can help you buy your way out in the next 5-10 years? How can you beat inflation without affecting your value by the time you sell your practice? This week's The Dave Kittle Show episode, Dave Kittle goes solo and t...

The traditional model of the physical therapy practice is pretty simple to understand: you consider the worth of your private practice by the annual gross revenue, right? What is the proper approach on how to measure the worth, your practice, regardless of some of those tangible or intangible assets? This week's The Dave Kittle Show episode, Dave Kittle goes solo and talks about how to measure the...

There are different transition strategies that people adopt to have a successful transaction. Whether the transition is to grow, exit or step back from the business, it is critical to design and implement tactics and strategies to support the transition. But how long does it take to sell your physical therapy practice? What are the possible issues to avoid during the process of transition? Are the...

Buying a practice is becoming more common these days. Buying an established business means immediate cash flow. A financial history of the company will give you a sense of what to anticipate and may make it simpler to get loans and draw in investors. Existing clients, relationships, goodwill, suppliers, staff, plant, equipment, and stock will be acquired. As for you, would you leap forward by acqu...

As a clinician, you love your practice but you probably can't spend the rest of your life working there - what are the other options you can try to help you create a flexible lifestyle? What are some tips on how to communicate selling some of your practice to your buyer as the perfect way to take some chips off the table?  This week's The Dave Kittle Show episode, Dave Kittle welcomes back Dr. Lan...

Getting started with selling your practice can be one of the most overwhelming things you will have to do in your career. How can you take some chips off the table while also not selling yourself short? How will you create a value proposition for yourself in selling your practice and retirement planning?  This week's The Dave Kittle Show episode, Dave Kittle will be joined by Dr. Lance Knaub. Dr....

When you cannot be forced to remain in an unfavorable business partnership, you tend to decide to separate from your co-owners. But what factors can affect your decisions in your business? How does tax planning go if things change? Will you need to involve the council with proper legal parties when having an agreement with your co-owners? This week's The Dave Kittle Show episode, Dave Kittle welco...

Because it is ingrained in families to preserve legacies and because it gives all the members a common foundation, leaving a legacy helps to establish long-lasting relationships. But how do practice owners effectively transition their practice to a family member and/or leadership team? When is the best time to inform the family member about the upcoming transition? This week's The Dave Kittle Show...

Now that you are ready to sell your therapy practice, how do you evaluate the value of your business without being dictated by the supply and demand – but rather by the value of your overall clientele and reputation? How would you find the right formula for the fair market value of your business, when it comes to selling it? This week's The Dave Kittle Show episode, Dave Kittle will be joined by J...

As a therapist who wants to retire, what are the misconceptions you need to avoid when preparing your therapy practice for sale, especially when you underestimate the value of the business, and have unrealistic expectations about the process? What's the one thing that you can do to be sure of a successful outcome in order to maximize the value of your business so you can transition to your next ph...

One of the most common queries in the finance industry is "What is the difference between an Investment Banker vs Broker vs Advisor?” How does an investment banker assist you in managing the transaction, relieving some of the burden on you and your management team, and increasing the chances of a successful outcome? This week's The Dave Kittle Show episode, Dave Kittle welcomes back Jason Hiebert....

During the pandemic, most practice owners went through challenges and even thought of temporary closures because they reflect income losses, but after a year, thankfully, they got through it. Generating revenue is the biggest post-pandemic challenge that a practice owner faces today. What are the challenges and opportunities that we see in the mergers and acquisitions space post-pandemic? What’s y...

Selling your practice can be financially profitable and can offer you the satisfaction of knowing that your legacy will live on, but how will you sell your physical therapy practice for max value? And what would be a great position for your physical therapy practice to earn above market value?  This week's Dave Kittle Show episode, Dave Kittle will talk about the Four Missing Links to selling your...

Are you not good at working for other people and thinking of starting a new business or just acquiring a physical therapy practice? We know it is important to create a stellar brand that people will remember, but what are the pros and cons of rebranding? How will you get the deal done? And what were the challenges once you took over the space and rebranded? This week's The Dave Kittle Show episode...

Can owners who are selling their companies get top dollar exit offers just by focusing on the client experience? Can you switch your mindset from focusing on the bottom line and start serving clients in a way that makes them actually want to pay you — even if it means you'll let them work with the competition? This week's The Dave Kittle Show episode, Dave Kittle will be joined by Jerry Durham. Je...