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b'Kevin Mercier: 7- Tips to Explode Profits Selling a Physical Therapy PracticeKevin Mercier is the Director of Strategic Development for FYZICAL Therapy & Balance Centers (https://www.fyzical.com/). Kevin believes your business is your vehicle to get what you want out of life.\\xa0Business owners should maximize the value of their practice by developing a wealthy exit strategy.\\xa0Kevin discusses how to develop an exit strategy for the physical therapy private practice owner. The biggest metric a buyer is going to look at is your EBITDA or earnings before interest, taxes, depreciation, and amortization. Timing is everything when you\\u2019re looking to exit from not only the state of the world but the state of the industry. As a seller, the most important thing you need to do is see what\\u2019s out there and get the most value for your business aside from who the buyer may be.\\xa0Episode Takeaways\\xa0* Planning a wealthy exit from PT private practice* Know your starting and landing point* What to expect when selling your practice* Important metrics buyers are looking at* How to attract potential buyers* What your practice is worth - size, location, buyer demand\\xa0Three Questions\\xa0\\xa0* Where would you go within the 50 US States and live for 3 months? Saluda, NC* What is something you\\u2019ve watched, listened to, or read what really inspired you? Book Stillness is the Key by Ryan Holiday* Who is someone the audience should know more about? John CenaParting Shot\\u201cIt\\u2019s important to remember why you got into the business. You wanted to help people just like Jim Cook loved beer and wanted to start a beer company. PTs do amazing things for people every day. There\\u2019s a cool saying - \\u201cYesterday\\u2019s history. Tomorrow is a mystery. Today is a gift and that\\u2019s why they call it the present.\\u201d - Kevin Mercier\\xa0Connect with Kevin Mercier and FYZICAL Therapy & Balance Centers* Kevin Mercier (https://twitter.com/kevin_s_mercier) & FYZICAL (https://twitter.com/Fyzical) on Twitter*'