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Medical Spa Insider

Preparing to Sell Your Med Spa: Insight from a Management Consultant

May 29, 2024
Annie Robertson Hockey, management consultant, shares tips on prepping to sell your med spa including transitioning to a leader, improving operations, and customer retention. Discussion also includes navigating regulations and finding growth opportunities.
39:40

Podcast summary created with Snipd AI

Quick takeaways

  • Focus on customer retention over acquisition for long-term profitability in the medical spa industry.
  • Strategize wisely by balancing initial momentum with data analysis and resource allocation for sustainable growth.

Deep dives

Skytale Group's Diversification and Client Focus

Skytale Group, known for M&A advising, has expanded its services with a focus on helping businesses grow. They now offer private capital funding by taking equity stakes and providing lines of credit to entrepreneurs. The president and head of consulting, Annie Hockey, emphasizes the importance of understanding client pain points and needs. By listening to clients and tailoring services to address their concerns, Skytale aims to enhance its suite of services and continue supporting its customers' growth.

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