Don’t Make These Common Exit Strategy Mistakes with Virgil Ochoa and Michael Ludwig

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Aesthetic Appeal

Aesthetic Brokers

14 episodes

2 months ago

In the world of medical aesthetics, the pursuit of beauty often collides with the complexities of business. At Aesthetic Brokers, we aim to create a sanctuary for aesthetic entrepreneurs - a safe haven where business acumen meets industry empathy. Our priority is to maximize your personal lifestyle while generating uncommon financial results; all without compromising your integrity. The medical landscape is evolving and we are committed to staying ahead of the curve. Join us on our podcast adventure where we discuss various topics to build your business within the space.

All content for Aesthetic Appeal is the property of Aesthetic Brokers and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Management

Business,

Health & Fitness

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Don’t Make These Common Exit Strategy Mistakes with Virgil Ochoa and Michael Ludwig

Aesthetic Appeal

28 minutes

8 months ago

Don’t Make These Common Exit Strategy Mistakes with Virgil Ochoa and Michael Ludwig

Before you sell your aesthetic practice, you need to know what you're getting into. Bill Walker, Virgil Ochoa, and Michael Ludwig break down the must-know details of exit strategies so you don’t do anything you’ll regret.

Get the legal and financial essentials, the key numbers that determine your practice’s value, and hear how the industry’s evolving regulations could impact your sale.

Find out:

Why the type of deal you choose can make or break your sale
The key financial metrics that determine your practice’s worth
How to plan ahead to avoid headaches and lost money during the sale
What EBITDA really means and why it’s used in business valuation
The crucial role of inventory tracking in keeping your financials airtight
Why hiring the right advisors can save you time, stress, and money
Pro tips to set yourself up for a smooth and profitable exit

About Virgil Ochoa, Member at Dykema Law Firm
When it comes to mergers and acquisitions for medical professionals, Virgil Ochoa at Dykema is a go-to advisor. He specializes in working with dentists, endodontists, oral surgeons, veterinarians, and managed service organizations. Virgil brings decades of experience to the table and understands the emotional connection these professionals have with their practices. He's skilled at navigating the complexities of growing or selling a business.

Connect with Virgil on LinkedIn

Learn more about Dykema

About Michael Ludwig, Partner at Cherry Bekaert
Michael, a Partner in Deal Advisory Services at Cherry Bekaert, is a go-to advisor for businesses of all sizes, from early-stage ventures to established middle-market companies. He provides strategic, financial, and operational leadership. His expertise spans a range of industries, including healthcare, technology, life sciences, industrials, and government contractors.

Connect with Michael on LinkedIn

Learn more about Cherry Bekaert

About Aesthetic Appeal
Aesthetic Appeal is where Aesthetic Brokers brings you the latest insights straight from Southern California. We break down what’s happening in the medical aesthetics world—especially when it comes to private equity and transactions with mergers and acquisitions that matter to you as a practice owner.

Learn more about Aesthetic Brokers

Follow Aesthetic Brokers on Instagram @aestheticbrokers