About this episode
A husband & wife bought a therapy practice for $120k, almost dumped it, then grew it for 8 years when PE came knocking. (This is a rebroadcast from November 2021.)
Themes from Neil's interview:
- Growing a mental health practice from $615k/year to $2M.
- How working in your acquired business (not on it) can save you
- Owning a business with your spouse
- Equipment leasing as a solution to keeping overhead costs low
- To sue or not to sue (the seller, post-acquisition)
- Preferring businesses for sale rather than cold outreach to owners
- When to sell a fast-growing business
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