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How to Exit Your Practice β€” with Lamar Rutherford, MBA

How to Exit Your Practice β€” with Lamar Rutherford, MBA

Season 1 Episode 176 Published 3Β years, 9Β months ago
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Hello, and welcome to Beauty and the Biz where we talk about the business and marketing side of plastic surgery and how to exit your practice.

I'm your host, Catherine Maley, author of Your Aesthetic Practice – What your patients are saying, as well as consultant to plastic surgeons, to get them more patients and more profits. Now, today's episode is called "How to Exit Your Practice β€” with Lamar Rutherford, MBA."

Most cosmetic practice owners think about, worry and plan for their financial future.

They wonder how they'll get off this treadmill and get their hard-earned money out of their practice when they decide to slow down or sell.

They ponder how many years they have left to shoot the lights out and grow their net worth, so they don't have to step down their lifestyle once they retire.

So, in this week's Beauty and the Biz Podcast, I'm interviewing someone who helps surgeons exit profitably from their practices when they're ready to do so.

It's Lamar Rutherford, MBA and CEO of Excellens Solutions based out of San Diego, CA.

Lamar is a licensed business broker, as well as a Mergers & Acquisitions Advisor to smaller businesses, including cosmetic practices.

She came on my radar because she was involved in the sale and merger of a few surgeons I know so I wanted her to share her words of wisdom for those of you who are, or should be, thinking about how you can exit your own practice profitably.

Lamar talks about her "5 D" exit plan that you want to know about so you, too, know how to set yourself up for a successful exit.

Visit Lamar Rutherford's Website

Enjoy!

Catherine Maley, MBA

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Catherine Maley, MBA:

Everybody that's going to wrap it up for us today on Beauty and the Biz.

If you have any questions or feedback for me, you can go ahead and leave them at my website at www.CatherineMaley.com, or you can certainly DM me on Instagram @CatherineMaleyMBA.

If you've enjoyed this episode on Beauty and the Biz, please head over to Apple Podcasts and give me a review and subscribe to Beauty and the Biz

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