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Sole Traders Podcast

Sole Traders Podcast

By: Damian Murray
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Welcome to the Sole Traders Podcast. A podcast dedicated to the business of private podiatry. With your host... Damian Murray.

© 2024 Sole Traders Podcast
Economics Leadership Management & Leadership
Episodes
  • How To Sell Your Podiatry Practice & Retire
    Oct 20 2024

    Ready to Sell or Buy a Podiatry or Foot Health Practice?

    Discover the essential roadmap to successfully selling or buying a podiatry / foot health practice in our latest podcast.

    💼 Whether you're looking to exit your business and retire, or you’re an ambitious practitioner eager to step into private practice, this episode is packed with actionable insights you can’t afford to miss. Damian delivers firsthand strategies for:

    Preparing Your Practice for Sale: Remove emotions, understand if you're selling a business or a job, and ensure your practice is ready for the market.

    💸 Valuing Your Business: Learn the simple methods to calculate your practice’s worth, without paying for expensive valuations. Damian walks you through everything from EBITDA to multiplier methods, so you can confidently set a price.

    🔑 Crafting a Winning Sales Strategy: From building a SWOT analysis to creating purchase options (like deferred payments), Damian shares how to package your practice for the right buyer—whether it's a trusted colleague, competitor, or rising star.

    📑 Navigating Legal and Financials: Discover what you need to know about the legal, accounting, and contractual considerations to secure a smooth, profitable sale. Learn how to avoid the costly mistakes many sellers make!

    🛠️ Creating a Seamless Transition: Get tips on how to hand over your practice to ensure your patients, staff, and business thrive long after you've moved on.

    🎙️ Case Study Success: Hear how Damian and his business partner transformed a job into a thriving multi-podiatrist practice—using the exact strategies shared in this episode!

    Don't miss out on this insider knowledge—whether you're planning your exit in the next few years or looking to expand your horizons. Damian’s practical, no-nonsense advice will help you maximize your business's value and make the transition smooth for everyone involved.

    Special thanks to Michelle Gibson at Canonbury Healthcare for all their work in providing CPD events for podiatrists and foot health practitioners.

    You can view their education resources here >>
    https://www.canonbury.com/events



    And don’t forget…

    If you would like to speak to the Foot Medic™ Group how we can help you start, grow, manage or exit your podiatry business - WhatsApp or call us on 0800 999 1150 to arrange an informal and confidential chat.

    Show More Show Less
    1 hr and 2 mins
  • Curacorn® - Why ‘Curing’ Patients is a Better Business Model than ‘Recurring’ Patients
    Jun 4 2024

    Welcome to this episode of the Soletraders podcast, "Curacorn® - Why ‘Curing’ Patients is a Better Business Model than ‘Recurring’ Patients," where we explore a 21st-century solution to an age-old foot problem.

    For the past 1,500 years, dating back to Hippocrates' "On Regimen" (460 BCE-380 BCE), physicians, chiropodists, and podiatrists have struggled to find a permanent solution for one of the most common foot issues: corns.

    But has Catherine Hughes (Hobbs), a renowned podiatrist from Wigan, UK, finally cracked the code with her revolutionary Curacorn®? I believe she has!

    Join us as we delve into:

    • The remarkable 40-year journey of Catherine Hughes in the field of podiatry
    • How her determination to keep footballers on their feet led to the development of Curacorn®
    • The importance of advancing our professional skills with this groundbreaking solution
    • And why focusing on ‘curing’ patients is a more effective business model than simply managing ‘recurring’ ones

    Don't miss out on this fascinating conversation that could change the future of foot care!

    If you would like to know more about training as a Curacorn® practitioner, simply:
    Visit their website:
    https://www.curacorn.co.uk
    Or, email:info@curacorn.co.uk
    Or call Catherine on: 07519 719143

    And don’t forget…

    If you would like to speak to the Foot Medic™ Group how we can help you start, grow, manage or exit your podiatry business - WhatsApp or call us on 0800 999 1150 to arrange an informal and confidential chat.

    Show More Show Less
    54 mins
  • How do I start a successful Podiatry / Foot Health Care practice?
    Apr 3 2024

    Join Damian on Series 1: Episode 9 of the Sole Traders podcast, which is a recording of a Canonbury Healthcare webinar on: ‘How do I start a successful Podiatry / Foot Health Care practice?’

    Damian discusses:

    • What I've learned about private practice from managing a 2.4 million portfolio.
    • What it really takes to be a successful private practitioner.
    • How to reverse-engineer the perfect private practice.
    • Why a great job is better than an average business.
    • Why all private practices should be built to sell.
    • We finish with a great Q&A session from some of the webinar guests.


    This is a PODCAST+ episode so you can watch (as well as listen) to the webinar here >>
    https://soletraders.net/course/how-do-i-start-a-successful-podiatry-foot-health-care-practice

    Listen & Subscribe On:

    Apple Podcasts >> https://bit.ly/stpodcastapple

    Spotify >> https://bit.ly/stpodcastspotify

    Google Podcasts >> https://bit.ly/stpodcastgoogle

    Website >> https://soletraders.net/blog/how-do-i-start-a-successful-podiatry-foot-health-care-practice

    Hope you enjoy the show

    And don’t forget…

    If you would like to speak to the Foot Medic™ Group how we can help you start, grow, manage or exit your podiatry business - WhatsApp or call us on 0800 999 1150 to arrange an informal and confidential chat.

    Show More Show Less
    1 hr and 6 mins

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