The Role and Future of Urgent Care Facilities
Urgent care centers provide a critical role in the U.S healthcare system. They bridge the gap between primary care and emergency care, addressing the growing need for accessible and timely medical services. It is estimated that Urgent Care centers prevent more than 24 million emergency room visits annually, which reduces the burden on emergency rooms […]
Preparing for a Business Sale
Planning for the sale of your business can seem overwhelming. The process requires thoughtful planning, preparation and execution. The total time can take up to a year, or longer. For many owners, the process can be a real distraction just at a time when it is critical to keep the business running smoothly. That’s where […]
Digital Solutions Drive Healthcare by John M. Byrne, CPA/ABV
What the recent pandemic has highlighted are the service gaps that can occur for traditional healthcare sectors. COVID-19 limited access to care, and in response, IT responded. The traditional healthcare service providers are starting to modernize their business model and leveraging digital solutions to enhance the interaction between consumers, payers, and providers. The feasibility and […]
It’s Ok to be a Boring Business by John M. Byrne, CPA/ABV
You may have a gold mine and not realize it. Sure, the start-ups and high-tech companies get a lot of press and attention, but it could be years until they start generating positive cash flows. Meanwhile, your business is showing stability, annual growth, and increasing profits every year, just not on a grand scale. It’s […]
Thoughts on Business Valuation by John M. Byrne, CPA/ABV
When discussing value, there can be a wide range, in this post, I share my thoughts on business valuation. Valuation, in its simplest form, is a function of risk and cash flows. Value is not static. It is responsive to other market forces and is dependent on a specific point in time. Even at a […]
What is a Business Broker by John M. Byrne, CPA/ABV
A business broker acts as a middleman, for either a buyer or seller. Business brokers perform many functions depending on the needs of the specific buyer and seller. Certain brokers only act on behalf of buyers and vice-versa, some act only on behalf of sellers. In my opinion. the best business brokers have a deep […]
Financing Your Business Acquisition by John M. Byrne, CPA/ABV
When you have finally located the business you want to acquire, the remaining steps are to agree on the price and terms and of course, financing the deal. There aren’t that many buyers who are able to pay all cash at closing. Every deal will vary somewhat and usually contain components of the following; Buyer […]
Is ABA Bouncing Back? by John M. Byrne, CPA/ABV
Stagnant fee-for-service reimbursement rates, along with rising inflation and interest rates, strained the autism sector in recent periods, cooling down the frothy activity seen in 2019-2021. The June 2023 bankruptcy of The Center for Autism and Related Disorders (CARD), which was the largest autism therapy service provider in the U.S., was a wake-up call for […]
Can You Sell Your Business Without Using a Broker? by John M. Byrne, CPA/ABV
Can you sell your business without using a broker? Of course! Is it a good choice? That depends. Let’s explore what’s involved. There is an art to selling a business but basically you have two choices. The first choice, is the shotgun approach, that is, blast the financial metrics to the world in an anonymous […]
What’s Missing in My Multiple? by John M. Byrne, CPA/ABV
Do you know how buyers value your business? Often they use a shortcut approach and apply a multiple to a metric, such as revenues or EBITDA, also known as Earnings Before Interest, Taxes, Depreciation and Amortization. The result can be either the enterprise value or equity value. When it’s lower than expected, you might ask, […]