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How2Exit: Buy, Don't Build - M&A of Small Businesses
E125: Foot Solutions CEO John Prothro on Acquiring and Growing a Foot Wellness Franchise
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E125: Foot Solutions CEO John Prothro on Acquiring and Growing a Foot Wellness Franchise

CEO of Foot Solutions, a global foot wellness retailer he and a group of investors purchased in early 2020. He is an experienced executive with a background in mergers and acquisitions, operations, and multinational business leadership. He has lived and worked in both China and the United States.

Prothro emphasized the importance of being Medicare accredited as a foot solutions company and how it is best practice to have at least one Medicare-accredited location in each area. He also discussed the importance of understanding the power structures and communication levels within the organization. Skelton and Prothro agreed that knowledge, influence, and power are essential components for getting things done in a company, and that it is important to identify who has each of those components and how they work together.

Watch it on Youtube: https://youtu.be/ayMPtV7hVko
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Contact John on
Linkedin: https://www.linkedin.com/in/johnprothro/
Website: http://www.footsolutions.com/
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How2Exit Joins ITX's Channel Partner Network!

-Why ITX?
Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years ITX has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match.

"Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron Skelton

The ITX M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.

If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.

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Flippa - Real Buyers, Real Sellers - Where the Real Deals Are Made

Visit Flippa - https://www.dpbolvw.net/click-100721038-15233003
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🎬SUGGESTED VIDEOS
Don't forget to watch 📽 Our other videos. Please check them out :

▶️How2Exit Episode 44: David Barnett - Author, Speaker, Seminar Host, Consultant, Coach, Educator. https://youtu.be/AxYIj_lJCOY

▶️How2Exit Episode 60: Tim Mueller - Co-Founder and President of ITX. https://youtu.be/DCMAnuhLznw

▶️How2Exit Episode 22: Adam Coffey - CEO, best-selling author and Forbes Business Council member. https://youtu.be/RjPjw6qRtv8
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Deeper by How2Exit -has moved
How2Exit: Buy, Don't Build - M&A of Small Businesses
Welcome to How2Exit, the premier podcast for entrepreneurs, advisors, and everyone in between who wants to dive deep into the world of buying, growing, and selling small businesses valued below $20 million. Our mission is to equip you with the insights and strategies you need to succeed in the small business M&amp;A space.<br /><br />Join us as we talk to the best in the industry and explore the full process of buying, growing, and selling businesses. You'll gain invaluable knowledge from interviews with successful entrepreneurs who have navigated the M&amp;A journey and experts who offer their wisdom on sourcing deals, building rapport, conducting due diligence, closing transactions, integrating acquisitions, and preparing for a successful exit. We cover it all, so you can make informed decisions and take calculated risks.<br /><br />At How2Exit, we pride ourselves on providing an unmatched resource for those looking to thrive in the small business M&amp;A world. Whether you're a seasoned entrepreneur, an aspiring business owner, or an advisor helping clients navigate the complex process, our podcast is your go-to source for the latest tips, trends, and real-world case studies.Tune in and discover the secrets to mastering small business M&amp;A and achieving your goals in the world of entrepreneurship. Don't miss a single episode of How2Exit – subscribe now and unlock the full potential of your next business venture!<br /><br />Keywords: small business, M&amp;A, entrepreneurs, advisors, buying businesses, growing businesses, selling businesses, due diligence, sourcing deals, rapport building, closing transactions, integrating acquisitions, preparing to sell, interviews, experts, case studies, How2Exit.