Ian McKenna - To Sell Or Grow A Great Lab Services Business?
Inspired Or Acquired
00:00
Navigating Lab Services Growth and Ownership Decisions
This chapter explores the growth potential of a lab services business run by a sole proprietor, emphasizing market saturation, expansion opportunities, and the significance of partnerships. The conversation delves into the complexities of selling versus continuing to operate the business, considering financial impacts and emotional factors in decision-making. Additional insights on strategic hiring, team development, and pricing strategies are discussed as key elements for enhancing business value and achieving personal fulfillment.
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