Exit Planning for Podiatry Business Owners

with Exit 360 Pathfinder™

The decision of how and when to exit from your podiatry business – often a lifetime’s work – is one of the biggest and most important decisions you will ever make.

What is Exit Planning and how is it relevant to me?

You only get the chance to exit your business once – you need to do it right first time.

exit planning - exit pathfinder 360

Our Exit 360 Pathfinder™ process equips business owners to make the right decisions.

It goes without saying that the sale of your practice is not an event you can afford to stumble into based on anecdotal evidence and recommendations from suppliers or peers. Likewise, taking ‘exit advice’ from an experienced potential purchaser who has approached you is only ever going to favour one party – and it is not you!

Exit 360 Pathfinder™ is a practical and highly effective tool used to help you as a podiatry business owner to:

  • objectively take stock of what you have and to gain a true understanding of your full range of options and key considerations
  • empower you to select, plan and execute the timing and pathway which delivers on your personal goals to ensure you achieve the optimal exit outcome and maximum value from your business

The Process

Podiatry Business Central’s Exit 360 Pathfinder™ is an exit planning process that puts business owners into a position of knowledge in key areas, allowing you to make a fully informed decision based on clear facts.  The comprehensive Exit 360 Pathfinder™ report will:

  • provide a technical and a marketing valuation of your business
  • give you an objective and impartial appraisal of the genuine realisable value of your business, factoring in market and competitive forces
  • analyse your operating KPIs and your service delivery capacity to determine how effectively and efficiently you are currently running your business and its future upside potential
  • determine the most appropriate staffing levels across the entire business
  • analyse the structure and presentation of your accounts
  • consider your trading style and the portfolio of clinical services you offer
  • produce a commentary on your product and services pricing strategy
  • assess your property situation – whether freehold or tenancy
  • analyse your marketing presence – with particular emphasis on your online presence – web and social media

The above detailed analysis results in a series of recommendations on which aspects of your business you should consider improving or reengineering to add value for when the time comes to sell.

The Exit 360 Pathfinder™ report also signposts you to the pros and cons of the options available to you as a business owner to help you plot your optimal path to executing a successful exit strategy.

We also provide you with an assessment of the potential barriers to purchase for external parties and provide a plan to proactively address these to ensure maximum appeal to the market and an expedited transaction process once a sale has been agreed.

Common Questions addressed by the Exit 360 Pathfinder™ service

  • What is my practice worth? Can I actually afford to sell?
  • What price and sales terms could I genuinely achieve if I went to market right now?
  • Are there things that I can do now to make my business worth more in the future?
  • What happens to my staff in a sale scenario and when should I tell them?
  • Is it possible to reduce the time I spend running my business and still retain it as an income generating asset? (A ‘soft’ or partial exit)
  • Can I trust other parties who have approached me to buy or that others are signposting me to?
  • Are their potentially any strategic buyers out there who – if I positioned my business correctly – may be prepared to pay a premium price for my business in the future?

Case Studies and Testimonials

Podiatry business owners who commission an Exit 360 Pathfinder™ exit planning service from Podiatry Business Central report that the exercise helped them to achieve clarity to make decisions which ultimately led to superior outcomes, both emotionally and financially.

Get in touch for case studies, more testimonials, and advice.

What Clients Say

Via Exit 360, we arranged for an evaluation of our business as well as a valuation.  I must say that the money was probably one of the best value pieces of advice I have ever personally paid for. The suggestions were fair, practical and positive.  Nobody likes to hear that their business is not perfect, but the professional and detailed assessment I received was constructive, professional and a fair assessment of the practice.  The result being that we clearly added some serious value to the business over the next 18 months…

RR – recently retired ex-practice owner in Surrey

Take your first step to a brighter future by calling Podiatry Business Central on 0161 929 8389

The sooner you take action, the sooner we will be able to help you maximise business value and attain your personal goals.