8 Key Drivers to Build & Accelerate Value of a Successful Business with Mark Mraz episode artwork

EPISODE · Mar 29, 2023 · 41 MIN

8 Key Drivers to Build & Accelerate Value of a Successful Business with Mark Mraz

from The Dave Kittle Show

The value of your practice is determined by a lot of factors. As a business owner, what drivers do you need to focus on in order to manage and grow your practice? How does focusing on these drivers make a major change in your business sustainability and eventually the value price (when the transition arrives)? This week's The Dave Kittle Show episode, Dave Kittle will be joined by Mark Mraz. Mark Mraz is The Most Trusted Growth And Value Advisor For Las Vegas Business Owners. His specialty is working with self-employed business owners in the Las Vegas area who are on their way to crossing the $5 million goal. Mark brings a lifetime of diverse work experience across all sizes of business, as well as sharply-honed skills in process and systems documentation, to help entrepreneurs take their businesses to the $5 million mark and set themselves up for a significant windfall on exit. Having been on both sides of the coin, from corporate employee to self-employed business owner himself, Mark brings a breadth of knowledge and experience to his work.Reach out to Mark Mraz: www.crossingthegoalpartners.com We will touch on such topics as:How to create legacy wealth that will help business owners get ready to sell in the next three to five years.Why is your financial performance a great indicator of your business valuation? You’re not selling your business, but you are making sure that your business is viable in the future — that is why growth is essential to your business.Your business should be a Switzerland structure, where it represents independence from employees, customers, or vendors. Diversify your payers can benefit you and decrease the risk as a practice owner.Valuation Teeter Totter: make sure you have a high positive cash flow coming in and out of your business.How do you create a recurring revenue model in your business? Whether it's membership subscriptions or online membership.Monopoly controlled -  how do you differentiate yourself  from your competition? Customer satisfaction - How referable is your business? P.S. Subscribe, rate, and review HereAnd, 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: [email protected]: @davekittleLinkedIn: https://www.linkedin.com/in/davekittle/orCall (646)-781-8884 Hosted on Acast. See acast.com/privacy for more information.

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