Podcasts about skytale group

In this special live episode from the M&A Summit in Las Vegas, hosts Brad and Michael team up with the Skytale Group to share essential financial and legal tips for preparing your exit strategy. Discover the five phases of an M&A deal, the impact of reputation on your practice's value, and key considerations for practice owners planning a sale. Whether you're selling soon or years down the road, learn how to build a more profitable business for market.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

Generally, the definition of success may vary, but in the world of dentistry, patient care, profitability and operational excellence are measures of success that every business is trying to achieve. In the latest episode of The Dental Economist Show, host Mike Huffaker welcomes Eric Pastan, Director, Skytale Group, and a former DSO owner, who scaled his business to 45 locations. Together, they take from Pastan's wealth of experience to explore the critical elements of successful dental organization growth. From insights on maintaining clinical excellence while scaling operations to the importance of data analysis done right, and how to prepare your organization for eventual transactions, this episode highlights the keys to dental success, in today's day and age. Tune in to discover how, sometimes, the best path to growth starts with sitting at the front desk!

In this Medical Spa Show speakers series, we hear from Annie Hockey, president and head of consulting at Skytale Group; Kimberly L. Evans, MD, FACOG, founder of Sugar Land Med Spa; Patrick Blake, MD, co-founder and chief medical officer at Portrait; and Amy Anderson, co-founder of BrinsonAnderson Consulting. They describe their wins and lessons learned, along with what conference attendees will learn from their classes at Medical Spa Show 2025, from April 10 - 13, 2025! Annie Hockey Friday, April 11: 1:40 - 2:05 p.m. | The Insider's Guide to Private Equity Interest in Medical Aesthetics Kimberly L. Evans, MD, FACOG Friday, April 11: 1:05 - 2:05 p.m. | Advancing Sexual Wellness Treatments in Your Practice Patrick Blake, MD Friday, April 11: 8:55 - 9:25 a.m. | PANEL: Dangerous Practices, Devastating Consequences: A Compliance Perspective Amy Anderson Friday, April 11: 1:05 - 2:05 p.m. | PANEL: Everything You Want to Know About Running a Thriving Med Spa Music By Ghost Score

In this Medical Spa Show speakers series, we hear from Gilberto Saenz III, PA-C, of Austin Plastic Surgeon; Bree Black, Co-founder of JobSnob; Johnny Franco, MD, FACS, of Austin Plastic Surgeon; and Judy Kozlicki, Head of Aesthetics & Plastic Surgery at Skytale Group. They describe their wins and lessons learned, along with what conference attendees will learn from their classes at Medical Spa Show 2025, from April 11 - 13, 2025! Gilberto Saenz III, PA-C Friday, April 11: 4:25 - 5:25 p.m. | Implementing a Successful Weight Loss Program Saturday, April 12: 9:35 - 10 a.m. | Cellulite: The New Frontier of Combination Therapy Saturday, April 12: 3:50 - 4:50 p.m. | The Worst I Ever Had: Complications and How to Overcome Them Bree Black Saturday, April 12: 4:25 - 5:25 p.m. | The HR Panel: Hiring, Retaining, Compensating and Managing Your Aesthetic Team Johnny Franco, MD, FACS Sunday, April 13: 9- 11:45 a.m. | Bridging the Divide: Conversations on Controversial Issues Judy Kozlicki Friday, April 11: 3:50 - 4:15 p.m. | How Knowing Business Key Performance Indicators (KPIs) Will Maximize Your Revenue Music By Ghost Score

In this episode, hosts Brad and Michael are joined by Ben Hernandez, CEO and Managing Director of Skytale Group. Ben shares the latest trends in health care M&A and offers insights into what to expect when buying or selling a practice. Explore the best time to start planning your sale, how single-surgeon practices can navigate today's competitive environment, and how to prepare for life after the sale. Listen in for tips on overcoming challenges and setting yourself up for a successful transition.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

In this episode, Cameron is joined by  Ben Hernandez, founder and CEO of Skytale Group, and they discuss the growth of the MedSpa market, the importance of data, consumer spending trends, and the challenges faced by practices. They highlight the resilience of aesthetic services during economic downturns and the increasing demand for weight loss treatments. They provide valuable insights for practice owners and those interested in entering the aesthetics field.In this conversation, Cameron Hemphill and Ben discuss the evolving landscape of aesthetic services, focusing on market trends, profitability, patient retention, and the shift from surgical to non-surgical treatments. They talk about the importance of understanding demographics, the impact of new technologies, and the necessity for practices to adapt and specialize in order to thrive in a competitive market. They also emphasize actionable insights derived from data to enhance patient loyalty and operational efficiency.Listen In!Thank you for listening to this episode of Medical Millionaire!Trusted by over 850+ practices and 2,000+ providers in aesthetics, plastic surgery, dermatology, and dentistry, we specialize in growing medspas through comprehensive marketing and automation solutions. Our expertise in patient acquisition, CRM, SEO, and more make sure you are generating new bookings constantly. Let us help you run your practice like a true business!Inquire Here:https://growth99.com/Or, check out Growth99 University and Learn How To Scale Your Medical Practice To A Multi-Million Dollar Business Effectively.https://school.growth99.com/

On this episode of the Growth in Dentistry podcast, we have Eric Pastan of Skytale Group. Eric brings valuable insights from his experience growing Doctor Dental to 45 locations before selling in 2019. He now applies this expertise at Skytale Group, helping dental practices optimize their operations and growth strategies.Listen in to hear:The importance of data-driven decision-making in dental practice managementThe need for robust systems and KPIs as practices scaleFocusing on profitability rather than just revenue growthThe value of proper budgeting and financial planning in dental practicesStrategies for evaluating potential practice acquisitions…and so much more!Learn more about Skytale Group at www.skytalegroup.com and listen to their podcast “Skytale Insights.”To reach Eric, you can email eric.pastan@skytalegroup.com or connect with him on LinkedIn.See a demo of DI and get a $50 gift card: get.dentalintel.net/podcast.

In this episode, Ben Hernandez, CEO and Managing Director at Skytale Group, discusses the biggest challenges and opportunities in the dental industry today. Ben shares insights on scaling amidst rising labor costs, the role of technology in enhancing efficiency, and what effective leadership will look like in the rapidly evolving healthcare landscape over the next few years.

In this episode, hosts Brad and Michael are joined by Annie Hockey, Head of Consulting at Skytale Group. With over 10 years of experience, Annie shares her experience developing strategic financial plans that support successful scaling. Tune in to discover how efficient systems, the right team, and a deep understanding of internal cash flow can enhance your scaling strategy. Get practical financial tips to integrate into your business and set yourself up for success.  Watch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto Visit our website http://www.byrdadatto.com/ to learn more about ByrdAdatto and to subscribe to the newsletter.  Follow us on social media to get the latest business and health care legal updates, behind-the-scenes moments, and more:  Facebook: https://www.facebook.com/ByrdAdatto/Instagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoX: https://twitter.com/ByrdAdatto

If you're ready to implement more efficient & effective marketing strategies for your practice, book your FREE strategy session & marketing plan: ⁠ ⁠https://go.medspamagicmarketing.com/schedule Welcome to the Med Spa Success Strategies Podcast, presented by Ricky Shockley of Med Spa Magic Marketing. On this episode, we're joined by Jessica Nunn of Maven Financial Partners (https://mavenfp.com/) Jessica Nunn is the founder and CEO of Maven Financial Partners. Jessica founded Maven with a vision to make strategic financial advice accessible to every small business owner. She understands that her clients carry the responsibility of maintaining a business, meeting their goals, paying their employees, paying themselves, and providing for their families. Her job is to make the complex world of revenue, profitability, and key performance indicators clear and simple. She provides clients with financial solutions that can change their business for the better, which, in turn, can change their lives. Before Maven's launch, Jessica was a founding partner of Skytale Group, a financial consulting firm for dental and medical spa practices. Jessica started her career in Big 4 public accounting firms preparing tax returns for high net worth business owners. Later, at middle-market accounting firms, she provided financial planning, business consulting, and tax planning strategy to small businesses and their owners. Throughout her years of experience, she's focused on building meaningful relationships with clients. At Maven, she serves small business owners in many sectors, including dental, aesthetics, law, marketing, construction, and more. She commits to learning a business as well as the owner does, mapping a plan to help a business perform at its full potential, and building a team at Maven who can serve clients in the same way. Today's episode is sponsored by Podium. Podium helps your business improve your customer experience with an all-in-one communications tool. Get more reviews, connect with leads, collect payments, and send text campaigns—all from one easy-to-use inbox. From first search to final sale, Podium makes everything as easy as sending a text. Visit ⁠https://www.podium.com/podcast/⁠ to learn more.

This week, AmSpa founder and CEO, Alex R. Thiersch, JD, speaks with Annie Robertson Hockey, president and head of consulting at Skytale Group. They dive into Hockey's entrepreneurship, her experience in management consulting, and her advice for aesthetic business owners preparing to scale and sell. Their conversation includes: When to start preparing for the selling process; Four areas to focus on to start getting ready to sell; Transitioning from a producer to a leader; Navigating regulations, risk and reputation; Finding opportunities for improvement; Customer retention vs. customer acquisition; And more! Music by Ghost Score.

In this episode of the Becker's Healthcare Podcast, host Mariah Muhammad talks with Ben Hernandez, CEO of Skytale Group, about the ongoing consolidation in healthcare. They discuss what practice owners can expect, how to prepare for a sale, how support organizations can compete, the impact of interest rates on valuations, and due diligence tips for owners considering selling to private equity or support organizations. This episode is sponsored by Skytale Group. 

With any hot new treatment, speed is everything. Getting started is not easy, however, and requires strategic planning. Judy Kozlicki, director of medical aesthetics at Skytale Group, rode a rocket ship of growth during her tenure with Lifetime Fitness leading the nationwide expansion into medical spas.From this experience, Judy shares how to fit wellness into aesthetics and shares secrets from successful weight loss programs to help set your practice apart from competitors. About Judy KozlickiAs the Director of Medical Aesthetics for Skytale Group, Judy Kozlicki has a deep understanding of the medical aesthetics space. She gets to know each client's practice individually, identifies the opportunities for growth, adapts best practices, and works alongside owners to bring their vision to fruition. Judy has held executive-level positions in solo practices, small group practices, and large-scale national med spa operations for over 17 years. LinksLearn more about Skytale GroupHostRobin Ntoh, VP of AestheticsPresented by Nextech, Aesthetically Speaking delves into the world of aesthetic practices, where art meets science, and innovation transforms beauty.With our team of experts we bring you unparalleled insights gained from years of collaborating with thousands of practices ranging from plastic surgery and dermatology to medical spas. Whether you're a seasoned professional or a budding entrepreneur, this podcast is tailored for you.Each episode is a deep dive into the trends, challenges, and triumphs that shape the aesthetic landscape. We'll explore the latest advancements in technology, share success stories, and provide invaluable perspectives that empower you to make informed decisions.Expect candid conversations with industry leaders, trailblazers and visionaries who are redefining the standards of excellence. From innovative treatments to business strategies, we cover it all.Our mission is to be your go-to resource for staying ahead in this ever-evolving field. So if you're passionate about aesthetics, eager to stay ahead of the curve and determined to elevate your practice, subscribe to the Aesthetically Speaking podcast.Let's embark on this transformative journey together where beauty meets business.About NextechIndustry-leading software for dermatology, medical spas, ophthalmology, orthopedics, and plastic surgery at https://www.nextech.com/ Follow Nextech on Instagram @nextechglow

Join Erika Spicer Mason in the Becker's Healthcare Podcast as she discusses resource consolidation, dentist satisfaction, and DSO growth in 2024 with guests Dan Crawford from Kleer and Greg Mahoney from Skytale Group. Sponsored by Kleer, this episode explores challenges faced by DSOs, crucial technology for same-store sales goals, and key characteristics of acquisition-ready offices.This episode is sponsored by Kleer.

Ben Hernandez, the CEO and Managing Director of Skytale Group, talks with Audrey Neff about the past, current, and future outlook of mergers and acquisitions in the medical aesthetics field. As the challenging 2023 year for M&A concludes, Ben provides valuable insights for practice owners looking to sell and advice around beginning with the end in mind. This episode covers a wide array of essential topics including exit strategy, preparing your business for a potential sale, optimizing valuation, selecting the right partners and buyers, considerations with deal structure, and other crucial components to consider when growing, scaling, or selling your medical aesthetics practice in 2024 & beyond.

Join Erika Spicer Mason in the Becker's Healthcare Podcast as she discusses resource consolidation, dentist satisfaction, and DSO growth in 2024 with guests Dan Crawford from Kleer and Greg Mahoney from Skytale Group. Sponsored by Kleer, this episode explores challenges faced by DSOs, crucial technology for same-store sales goals, and key characteristics of acquisition-ready offices.This episode is sponsored by Kleer.

Join Erika Spicer Mason in the Becker's Healthcare Podcast as she discusses resource consolidation, dentist satisfaction, and DSO growth in 2024 with guests Dan Crawford from Kleer and Greg Mahoney from Skytale Group. Sponsored by Kleer, this episode explores challenges faced by DSOs, crucial technology for same-store sales goals, and key characteristics of acquisition-ready offices.This episode is sponsored by Kleer.

Ben Hernandez, CEO and Managing Director and Eric Pastan, Director, Management Consulting of the Skytale Group join the Group Dentistry Now Show. In this episode Ben and Eric discuss: Strategy - maximizing value and getting ready for a potential sale Choosing an advisor you trust The sale - process expectations, investors, the landscape Life post sale - real-life experience from an owner operator To get in touch with Eric Pastan or Ben Hernandez visit https://skytalegroup.com/get-in-touch/ If you like our podcast, please give us a ⭐⭐⭐⭐⭐ review on iTunes https://apple.co/2Nejsfa and a Thumbs Up on YouTube. Our podcast series brings you dental support organization and emerging dental group practice analysis, conversation, trends, news and events. Listen to leaders in the DSO and emerging dental group space talk about their challenges, successes, and the future of group dentistry. The Group Dentistry Now Show: The Voice of the DSO Industry has listeners across North & South America, Australia, Europe, and Asia. If you like our show, tell a friend or a colleague.

Welcome to episode 11 of the Med Spa Success Strategies Podcast, presented by Ricky Shockley of Med Spa Magic Marketing. On this episode, we're joined by Ben Hernandez of Skytale Group to discuss the process of creating a practice that is super profitable and, ultimately, sellable. Profit is the name of the game when it comes to creating a business with a high valuation. If you're ready to implement more efficient & effective marketing strategies for your practice, book your FREE strategy session & marketing plan: https://go.medspamagicmarketing.com/schedule Ben Hernandez is founder and managing director of Skytale Group, a firm specializing in strategic management consulting & M&A Advisory in the healthcare space. Ben and the Skytale team help business grow, scale, and sell. Prior to Skytale, Ben worked with an international investment bank, a hedge fund, and CPA and advisory firm. Ben received his B.B.A. in Finance from the Mays Business School at Texas A&M and MBA from Cox School of Business at Southern Methodist University. https://skytalegroup.com/

If you're like the majority of the spa owners who tune into Spa Marketing Made Easy, you likely started your business from a place of passion. Maybe you set out as a solo straight out of school and now you're focused on building your empire. Maybe you set out to build your own practice after years of working for someone else and knowing you could build something even greater.    Typically, when we build a business from a place of passion and doing what we love, the idea of selling that business isn't one of the reasons we dove into entrepreneurship. However, as you build your business into a valuable asset, grow your team, and work yourself into the role of Spa CEO and out of the day-to-day operations, selling your company might become a more intriguing idea.   Here to discuss the process of selling your business with me is Ben Hernandez, the founder and managing director of Skytale Group, a firm specializing in strategic management consulting and M&A Advisory who helps  businesses, especially those in the health and personal care space, grow, scale, and sell.   Tune in as we talk all about the key things to consider and plan for if selling your business is a route you wish to take.    In this episode, we discuss:    Understanding when to sell and how (and when) to begin thinking about the selling process  How a company like Skytale works with spa owners and aesthetic practices to sell the assets of their business and the first steps they take to get started  The key things your business needs to have in place to get the best valuation possible and the litmus test for knowing if you have those elements  The gold standard financial benchmark for a business looking to sell and the 3 big stages of selling a business    To read the full show notes for this episode, visit: https://www.addoaesthetics.com/blog/350   Keep the conversation going inside the Spa Marketing Made Easy Community by clicking here.

Welcome to Miami Beach, where Influx recently attended the annual meeting of the American Society for Aesthetic Plastic Surgery, as we do every year.This year we brought our podcast team along to record to bring you some candid conversations on the topic of patient acquisition and the latest trends in aesthetic practices growth. In our first episode recorded live at ASAPS 2023, Influx Marketing's Chief Growth Officer Max Baybak sits down with Skytale Group Partner James Turcott to discuss the red-hot aesthetic M&A market. Skytale Group is a full-service strategic, financial, and M&A advisory firm. Through management strategy and financial analysis, Skytale helps scale and sell medical aesthetics practices to strategic buyers. Tune in to learn about the latest trends in medspa and plastic surgery practice consolidation, get an expert breakdown on how it all works, and find out just what buyers are looking for in an aesthetic practice acquisition — only on Next Level Practices.Show Notes:00:00 Intro01:00 Skytale Overview05:59 James' background07:53 Entry into aesthetics09:01 Who Skytale represents10:05 Management consulting and scaling responsibly13:14 Focus on fee for service14:46 What PE and platforms are looking for18:48 Family office acquisitions19:27 EBITDA: Knowing what your practice is worth23:01 What doctors are paying themselves25:17 Don't expect everything to change at the close28:21 Multiples and valuations32:08 Consolidation of the consolidators32:59 Multiple locations vs. one large practice37:31 Partnerships, equity, and golden handcuffs43:30 What the market looks like45:57 Finding the right fit47:57 Comments on the current economic environment50:01 Final words

In this episode, Ross Brannon speaks with Jessica St. Clair about the importance of financial awareness for dentists. Jessica shares how her company, Maven Financial Partners, helps dental practice owners take control of their finances and make informed decisions. She emphasizes the need for dentists to clearly understand their cash flow and financial statements to measure their success, reduce stress, and focus on what matters.  Jessica also discusses common industry challenges, such as staffing and patient cancellations, and offers practical advice on addressing them. She recommends dental practice owners prioritize financial organization and find trusted bookkeepers and CPAs to support their efforts. Key takeaways: ✅: Financial awareness is critical for dental practice owners to make informed decisions and measure success. ✅: Cash flow and up-to-date financial statements are essential for reducing stress and focusing on priorities. ✅: Common industry challenges, such as staffing and patient cancellations, can be addressed with creative solutions and industry benchmarks. ✅: Dental practice owners should prioritize financial organization and seek support from trusted bookkeepers and CPAs. Jessica Nunn founded Maven, which provides small business owners with accessible financial advice. Before starting Maven, she was a founding partner of Skytale Group and worked in public accounting firms. Jessica focuses on building meaningful client relationships and is committed to helping businesses reach their full potential. She enjoys reading, yoga, and spending time with her family in her spare time. Maven Financial Partners Instagram: https://www.instagram.com/mavenfinancial/ Email: info@mavensp.com https://mavenfp.com/jessica-nunn/ https://mavenfp.com Address: 5851 Legacy Cir Sixth Floor, Plano, TX 75024 LinkedIn Companyhttps://www.linkedin.com/company/maven-financial-partners/ LinkedIn personal:LinkedInhttps://www.linkedin.com/in/jessica-nunn-1474a417/ https://www.facebook.com/mavenfp/ Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, M&A advisor Ben Hernandez discusses the various phases business owners typically go through when getting ready to sell their business and seek out potential buyers. Ben emphasizes the importance of a Quality of Earnings (QOE) analysis during the due diligence phase, as it provides valuable insights into the company's financial performance and helps to identify any potential risks or issues that may impact the transaction. Tune in for Ben's insights into the challenges sellers may face during the process and tips on how to navigate them successfully.Ben is the founder and a partner at Skytale Group, a full-service strategic, financial, and M&A advisory firm. Learn more about Skytale at https://skytalegroup.com/.Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics. Facebook: https://www.facebook.com/ByrdAdatto/ Twitter: https://twitter.com/ByrdAdatto Instagram: https://www.instagram.com/byrdadattolaw/ LinkedIn: https://www.linkedin.com/company/byrdadatto YouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

Leading up to Medical Spa Show 2023, we met up with some of our talented presenters! Subscribe on your favorite podcast platform to catch each of these lightning round preview episodes. In this episode, AmSpa founder and CEO, Alex R. Thiersch, JD, speaks with Benjamin Hernandez, managing partner of Skytale Group. They discuss the idea behind and evolution of the Mergers and Acquisitions (M&A) Summit at Medical Spa Show, trends in the market and what attendees will learn about sell-side M&A. They discuss: What an M&A process looks like; How the market is getting more consolidated and sophisticated; New additions to the program and what their expertise brings; What surprises him about developments in the market; What private equity platforms are and how they are impacting the market; The purchasing activity of big and (relatively) smaller private equity funds; Shifting buyer expectations in a mom-and-pop industry; What drives medical spa owners to sell and characteristics of their businesses; Expected valuations in a recession-resistant business; And more! Attendees can look forward to hearing more about the medical spa mergers and acquisitions process from Hernandez, his colleagues at Skytale Group, lawyers, CEOs, investor groups and more during the Mergers and Acquisitions (M&A) Summit on February 2, 2023, at Medical Spa Show 2023. This episode of Medical Spa Insider is sponsored by AestheticsPro. Visit aestheticspro.com/amspa to learn more!  

This week, we revisit our conversation with financial consultant Jessica Nunn. She dives into the ins and outs of finances in the medical aesthetic space. In this wide-ranging discussion, she covers: How data can help predict the future of your practice; Knowing your numbers in order to be proactive instead of reactive; Things you need to think about when starting up a new medical aesthetic practice; What to focus on when growing and scaling your practice; Ways to improve practices that are already doing well; Common financial mistakes that business owners make; Basic financial reports business owners need to understand; And more! Skytale Group is hosting a Medical Spa Mergers & Acquisition (M&A) Summit on Thursday, February 2, 2023 at Medical Spa Show. Register now to reserve your space! Nunn will present Financials 101 within The Business of Medical Spas education track at Medical Spa Show 2023 on Saturday, February 4, 2023 at Wynn Las Vegas. Attend this session to learn the best ways to review your profit and loss statement and balance sheet, identify where your money is going in your medical spa and assess the financial health of your practice so you can make better decisions and make more money. 

Ben Hernandez is the managing partner of Skytale Group. Skytale group been in business since 2018. They are healthcare focussed management consulting and sell side M&A firm. Austin and Ben talk about three of the biggest challenges healthcare groups are facing right now:Staff shortages, aka the great resignationRising interest ratesSupply chain constraintsIn general there is no one size fits all, but there are things within your control on which you can have a positive effect. Get in touch via email: ben.hernandez@skytalegroup.com If you need help finding the perfect location or your ready to invest in commercial real estate, email us at podcast@leadersre.com. Sign up for a FREE vulnerability analysis and lease renewal services View our library on apple podcasts or REUniversity.org.Connect on Facebook.Commercial Real Estate Secrets is ranked in the top 50 podcasts on real estate 

As the medical spa industry continues its extraordinary growth, interest in investing in, buying and selling practices is also increasing. Attendees of Medical Spa Show 2022 will have the option to attend the Mergers and Acquisitions (M&A) Summit, a full-day pre-show education seminar on mergers and acquisitions in the medical spa space presented by Skytale Group. The cost is included in the price of admission, but space is limited, so be sure to sign up soon and select this course during registration. Visit medicalspashow.com/preshow for more information.   In this podcast, we speak with Benjamin Hernandez of Skytale Group to learn about: The increasing interest in medical spas from large financial sponsors; How early to prepare and how to set yourself up for sale; What to do when you're ready to sell; The buyer's perspective vs seller's perspective; What to know for a single practice looking to sell; What to know for a multi-location group looking to scale; And more!

In part two of this two-part series, Ben Hernandez of Skytale Group provides a step-by-step walkthrough of the sale of a medical aesthetic practice. He runs through what to expect if you're approached by an investment company interested in purchasing your practice including: The typical timeline for a sale; What kind of information buyers are looking for initially; How to structure the deal; How long the owner may need to stay in the practice after the sale; Pitfalls to avoid when selling your practice; What to include in a Letter of Intent (LOI); Things to look for in an investment partner; And more!

In part one of this two-part series, Ben Hernandez of Skytale Group gives some insight into the mergers and acquisitions (M&A) side of medical aesthetics. In this episode, he reflects on the surge of outside financing looking to enter the industry, and he answers a host of questions, including: What are your options when you're ready to sell? Why is the M&A market so hot in this industry? What is driving more established medical spas to sell? Why is the industry so attractive to buyers? What are buyers looking for in a medical aesthetics practice? How are medical spas valued and how much could owners get for their practice? How does building a strong leadership team increases a practice's value?

In this episode, Ken Kaufman hosts Ben Hernandez, Founding Partner at Skytale Group, which specializes in high-level financial management and M&A Consulting, primarily in the dental and med spa spaces. They discuss “all things” PPP loans: Round 1 forgiveness; Round 2 funds utilization and forgiveness; and how unforgiven PPP loans can complicate your M&A strategies. Ben emphasizes that the forgiveness rate is tremendous right now if you apply correctly, and how banks can help guide you. Listen to Ken and Ben take a deep dive into all you need to know about PPP loans.

In today's episode, Dr. Cedric Lewis and Matt Kennedy discuss the value of having a professional CFO no matter how big or small your practice is with Dr. Lewis's CFO, Ben Hernandez of Skytale Group.

Increasing Production for Your Practice Through Strategic PlanningJessica Nunn is a partner at Skytale Group. The Skytale Group provides services for financial advising, consulting, M&A and, day-to-day business operations. Jessica has a background in accounting and helping dentists reach their financial goals through strategic planning and preparation.She focuses on the practice's production rates per hour, such as the doctor's, hygiene departments, etc. Jessica and the Skytale Group create a customized and personalized plan for each of their clients to ensure success and improvement.To learn more about Skytale Group, Click HereTo Find and Listen to all of The Dental Brief episodes visit:  dentalbrief.comOur Sponsor: OmniPremier.com

Have you ever considered buying or selling a business? In this episode Michael and Brad are joined by Ben Hernandez, founder and partner of Skytale Group to explore when to ask for help when buying or selling a business. Tune in as we discuss areas our clients often fail to properly consider in merger and acquisition deals. To learn more about Ben Hernandez and Skytale Group visit https://skytalegroup.com/Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics.Visit https://www.byrdadatto.com/banter/legal-123s-with-byrdadatto-being-prepared-for-unsolicited-offers-with-ben-hernandez/ to read the episode’s transcript which has been edited for readability.Facebook: https://www.facebook.com/ByrdAdatto/Twitter: https://twitter.com/ByrdAdattoInstagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoYouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

For many entrepreneurs, the big picture comes easily. However, it is important to also understand the foundational tools needed to be successful. Tune in as Michael and Brad are joined by founder and partner of Skytale Group, Jessica Nunn. In this episode we discuss the importance of having a clear financial plan, setting financial goals and mistakes to avoid in your business.Visit our website www.byrdadatto.com to learn more and to subscribe to the ByrdAdatto newsletter. Follow us on social media to stay up-to-date on the ByrdAdatto family. Finally, subscribe to our YouTube channel for short videos on breaking developments and interesting business and health care compliance topics.Facebook: https://www.facebook.com/ByrdAdatto/Twitter: https://twitter.com/ByrdAdattoInstagram: https://www.instagram.com/byrdadattolaw/LinkedIn: https://www.linkedin.com/company/byrdadattoYouTube: https://www.youtube.com/channel/UC6VSOw0W5lrrj4iIl1HxTbg

This week, Jessica Nunn of Skytale Group dives into the ins and outs of finances in the medical aesthetic space. In this wide-ranging discussion, she covers: How data can help predict the future of your practice; Knowing your numbers in order to be proactive instead of reactive; Things you need to think about when starting up a new medical aesthetic practice; What to focus on when growing and scaling your practice; Ways to improve practices that are already doing well; Common financial mistakes that business owners make; Basic financial reports business owners need to understand; And more!

Alex Thiersch, JD, founder and CEO of AmSpa, is joined by Christin Trujillo of Skytale Group and Patrick O'Brien, JD, AmSpa's legal coordinator, to discuss the new round of federal stimulus and assistance for COVID-19 relief. They will look into the individual programs and measures found in the bill and how they might affect your medical aesthetic practice.

Panelists—including experts from AmSpa, ByrdAdatto and Skytale Group—review new information from the last two weeks regarding the Paycheck Protection Program. They cover new guidance on loan forgiveness, the recent statements from the IRS about whether the PPP money is tax-deductible and other challenges with the fast-changing nature of the program.   Panelists: Alex Thiersch, JD, Founder and CEO, AmSpa Michael Byrd, JD, Partner, ByrdAdatto Brad Adatto, JD, Partner, ByrdAdatto Patrick O'Brien, JD, Legal Coordinator, AmSpa Ben Hernandez, Partner, Skytale Group

This week's update on the Paycheck Protection Program discusses recent program updates. Additionally, the panelists talk about the program being refunded, provide some guidance on loan forgiveness, and touch on the states that are beginning to re-open for business. Panelists: Alex Thiersch, JD, CEO and Founder, American Med Spa Association Patrick O'Brien, JD, Legal Coordinator, American Med Spa Association Michael Byrd, JD, Partner, ByrdAdatto Brad Adatto, JD, Partner, ByrdAdatto Ben Hernandez, Partner, Skytale Group

Jessica Nunn, partner of Skytale Group, was on live with Alex to discuss some ideas for managing and preserving cash flow in this difficult time.