Posts by McKarns & Associates

As a small business owner, the thought of planning your exit may invoke a variety of complex emotions. While the idea of transitioning out of your business is logical and essential to long-term success, many business owners find themselves putting off this critical planning. But why? Let’s explore common reasons for this hesitation. 1. Emotional…

One of the most important yet often overlooked objectives in building a business is preserving the legacy you’ve worked so hard to create. Your business legacy isn’t just about financial success; it’s about the enduring impact, values, and culture you leave behind. Here’s a guide to ensure your business legacy stands the test of time.…

As an exit strategy consultant, I have seen first-hand the vital importance of well-thought-out plans for business succession or sale. A solid exit strategy is not just about knowing when and how to leave, but also about ensuring that you maximize the fruits of your labor. An integral part of this process, often overlooked, is…

Imagine this… Dr. Smith, a dedicated healthcare practitioner, has built a successful practice over 25 years. Known for her compassionate care and exceptional service, her practice has a strong reputation and loyal patient base. But as she looks towards retirement, Dr. Smith is filled with worry. How can she ensure that her practice continues to…

Rising costs and inflation are happening in all facets of American life, and healthcare is no exception. As costs increase, reimbursements are falling. Healthcare providers are facing a 3.39% cut in pay under the 2024 Medicare physician payment schedule that took effect in January 2024. This comes on top of a 2% reduction in 2023…

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