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2 Years to Buy, Double & Exit a Medical Billing Firm
Manage episode 446579365 series 2931927
Register for the webinars:
- Cap Tables 101: How Capital Structure Works When Buying a Business - Thu Oct 24 - https://bit.ly/3UihUQG
- How to Run a 2-Year Search in 2 Months - Friday Nov 1 - https://bit.ly/3UfYJqz
Nik Hulewsky bought a $3.2m medical billing company during peak Covid, anticipating a surge in demand. He was right.
Topics in Nik’s interview:
- Tragedy that ignited his passion for hospice
- Losing his job while his wife was in labor
- Searching for a business to fit his skillset
- Industry is more important than business
- Margins in home health
- Calculating return on brain damage
- Learning firsthand about the J curve
- Importance of relationship with the seller
- Being in business with his brother-in-law
- Advice for young entrepreneurs
References and how to contact Nik:
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or email hello@systemsix.com and mention Acquiring Minds
Get a complimentary IT audit of your target business:
- Email Nick Akers at nick@inzotechnologies.com (and tell him you’re a searcher)
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
311 jaksoa
Manage episode 446579365 series 2931927
Register for the webinars:
- Cap Tables 101: How Capital Structure Works When Buying a Business - Thu Oct 24 - https://bit.ly/3UihUQG
- How to Run a 2-Year Search in 2 Months - Friday Nov 1 - https://bit.ly/3UfYJqz
Nik Hulewsky bought a $3.2m medical billing company during peak Covid, anticipating a surge in demand. He was right.
Topics in Nik’s interview:
- Tragedy that ignited his passion for hospice
- Losing his job while his wife was in labor
- Searching for a business to fit his skillset
- Industry is more important than business
- Margins in home health
- Calculating return on brain damage
- Learning firsthand about the J curve
- Importance of relationship with the seller
- Being in business with his brother-in-law
- Advice for young entrepreneurs
References and how to contact Nik:
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or email hello@systemsix.com and mention Acquiring Minds
Get a complimentary IT audit of your target business:
- Email Nick Akers at nick@inzotechnologies.com (and tell him you’re a searcher)
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
311 jaksoa
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