In this episode of the Dietitian Boss podcast, Libby Rothchild, founder of Dietitian Boss, welcomes Dan to discuss the intricacies of selling a mental health practice. Dan shares his expertise from Fireside Strategic, emphasizing the importance of leadership, systems, and risk mitigation in building a sellable business. The conversation covers various topics including the significance of team retention over client retention, financial metrics crucial for selling a business, and the human aspects of business transactions. Dan also explores the often overlooked option of selling a practice to another clinician through SBA financing, providing valuable insights for practice owners considering retirement or liquidity options.

🔑 Key Takeaways:

• Understanding the Importance of Selling Your Business


• Leadership and Team Retention


• Financial Metrics and Selling Your Business


• The Human Aspect of Business Transactions 

Bio: 

Dan is Co-Founder and In-House Counsel at Fireside. He is a tennis and meditation-loving former lawyer turned private equity strategist and burnout crusader. Dan began his career in M&A law at a large firm and then working on the deal team of one of the Sharks on the Shark Tank TV show, doing contract drafting and due diligence. He saw many small companies grow so quickly their people were burned out. He became passionate about the human side of business and left law to train as an executive coach.

Connect with Libby:

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  Instagram: @libbyrothschild | @dietitianboss 

  
  


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  YouTube: Dietitian Boss

  
  

Connect with Dan:

• Website: https://www.firesidestrategic.com/team


• Email: dan@firesidestrategic.com

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Resources:

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