Ep716 | Scale Pitfalls To Be Aware Of

The P.T. Entrepreneur Podcast

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2M ago 25:01

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In this podcast, Doc Danny explores the challenges faced by practice owners when scaling their businesses. He highlights the importance of understanding growth cycles, preparing for increased workloads, and communicating with partners to navigate challenges effectively. Doc Danny emphasizes the temporary decrease in profitability during scaling due to new overhead costs and advocates for strategic debt financing to support growth. Additionally, he discusses the emotional toll of supporting employees and underscores the pride that comes with providing jobs. By emphasizing clear communication, financial acumen, and responsibility towards employees, practice owners can better prepare for and overcome the obstacles of business growth.

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