David B. Mandell, JD, MBA
Savvy ASC owners typically expand their businesses by adding employees, making additional investments, and adding services. These additional steps to increase profitability also increase the complexity of their businesses – and for the owners, their personal financial planning. This complexity necessitates a team of advisors for assistance.
In part I of this article, I discussed the reason why a successful ASC needs a team of knowledgeable and diverse advisors. Here, in part II, I will explain the roles of three key outside advisors who may impact the financials and protection of the center.