Six months ago or a year ago, joining an OSO/DSO was easy. It was the wild west; everybody was killing it.
But now, with a recession looming, inflation, and interest rates going up, we are playing by a completely different set of rules.
You got to be careful and ask the right questions; otherwise, you’ll find yourself stuck.
For OSOs that are private equity-backed, they get the money to buy practices from banks. There are rumors that some OSOs are getting close to their credit ceiling.
What does this mean?
Tune in to this 5-Minute Friday episode to find out.
Follow the money (00:29)
The value of an OSO relative to their credit (01:14)
What multiple can you get right now? (02:05)
The questions to ask before joining an OSO during a recession (04:30)
Do your due diligence (05:50)