Revenue is not the same as profit, and neither one guarantees cash in the bank. In a recent webinar hosted by Lengea Law, Nick Liguori of Liguori Accounting joined healthcare attorneys Sara Shikhman and Emily to unpack why one med spa can post $5 million in revenue with almost nothing to show for it, while […]
Why Do Some Med Spas Make Millions in Revenue but Have No Profit? Read More »
Accounting/Bookkeeping, CFO Consulting
If your med spa is structured as an S-corp, how you pay yourself is one of the most consequential financial decisions you make every year. Get it right and you can reduce self-employment tax by tens of thousands of dollars annually. Get it wrong and you are either leaving money on the table or
How to Pay Yourself from Your Med Spa Read More »
Accounting/Bookkeeping
The med spa owners who get the highest valuations when they sell are not the ones with the most revenue. They are the ones who started thinking about the exit two or three years before they were ready to have the conversation. The financial picture that attracts buyers, and that supports a premium multiple, is
How to Prepare Your Med Spa for a Sale (And Why Most Owners Start Too Late) Read More »
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