Earn-In Equity for Staff Retention & Value Expansion with Andrew Longcore

Ever dreamt of maximizing your purchase price and building generational wealth? Attrition is a pain that every business owner understands too well. The question is, can equity allocation help retain key individuals who are considering setting up their own ventures? Join Dave this week as he engages in an enriching discussion with Andrew Longcore. Andrew is managing partner of the Business Law Group, who brings an unparalleled perspective on earning equity by providing services for business ownership - the Cecil Sterling & Company. Connect with Andrew Longcore and learn more about Cecil Sterling & Company at https://www.cecilsterling.com/ or connect with him via email: [email protected]  In this episode, they will touch on such topics as:Earning Equity in Business Expansion: How practice owners can maximize their purchase price and build generational wealth by earning equity.Considering Equity in Business Partnerships: The pros and cons of giving away equity to retain these key individuals and the benefits of having them become a partner. The importance of both parties going through a vetting process to make sure they have the same vision and expectations. Equity and Partnership Agreement Discussions: The importance of having documents in place that cover buy-sell provisions and how to value the equity when the time comes to buy it back. Negotiating Equity in a Business Transaction: How to create win-win scenarios in negotiating the term and condition in a business transaction. Succession plans and exit strategies 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.