Control the Future of Your Practice

While you focus on growing your practice and providing the greatest level of care possible…

Private equity firms are keeping an eye on you.

I listened to an episode of Freakonomics Radio that explained how frequent it is for private equity firms to buy and take over local practices and hospitals.

I could go on and on about this topic—the pros and cons of private equity takeovers on care, the business implications of it, etc.

I’m not here to debate those points, though.

I’m here to guide you in having a successful practice, no matter your goals, by preparing a business plan and exit strategy.

I’ve worked with so many practice owners who were flying blind without a business plan.

They wanted to grow and improve the services and level of care they provided.

But they had no guide to do so.

The first step for creating a business plan: identify your practice goals.

Where do you want your practice to be in the next year?

These goals will guide your business plan.

Whether it’s a 1, 3, 5, or 10 year business plan, it should include KPIs.

Start tracking KPIs to uncover profitability opportunities and problems in your practice.

Download the guide, Metrics to Track Your Practice's Profitability.

 
Shirley Lockhart