A medical visionary and an entrepreneurial lawyer with decades of experience in the aesthetics industry have teamed up to tell all the secrets and insider tips on starting, growing, and selling a medical spa business. Carol and Sara have built and sold their businesses for massive valuations and consulted on hundreds of medspas in dozens of markets in the U.S.
Whether you're thinking of opening your first location or expanding your empire, this book has the answers on how to get started, how to not give up, and how to get 5-10x valuations when selling your business. Perfect for medical professionals who want the freedom to work for themselves or for entrepreneurs looking to get into the one of the fastest-growing industries in America.
THE AUTHORS
Carol Clinton, MD
Founder & Visionary, Timeless Skin Solutions
In 2004, at the dawn of the aesthetics industry, Dr. Carol Clinton launched a new type of medical practice in Columbus, Ohio with an eye on the future. After graduating from medical school at the Ohio State University and practicing emergency medicine for 15 years, she was ready for a new approach to the healing arts. With Timeless Skin Solutions, her goal was to create the ideal patient experience in the emerging field of aesthetic medicine.
Carol sold her practice for 5X EBITDA in 2020. An educator at heart, she finds great joy in sharing her knowledge with entrepreneurs and medical practitioners. One of the hallmarks of her practice was the multi-year educational curriculum (based on the residency model) she designed for her employees. "The University,'' as she called it, has given rise to a generation of elite aesthetics practitioners.
Sara Shikhman, Esq.
Managing Partner, Lengea Law
As the Managing Partner of Lengea Law, a healthcare law firm, Sara Shikhman has helped over 200 medical spa locations get started, grow, and become legally compliant.
A graduate of the University of Pennsylvania Law School, Sara has launched several multi-million dollar businesses. In four years as Director of Sales, Marketing, and Legal, she grew her first med spa from a one-room office into a multi-state medical spa and technology company with 12 locations across five states and over $13 million in annual revenue. Because of the systems and intellectual property she developed, that company has received valuations of upwards of $20 million.
Whether you're thinking of opening your first location or expanding your empire, this book has the answers on how to get started, how to not give up, and how to get 5-10x valuations when selling your business. Perfect for medical professionals who want the freedom to work for themselves or for entrepreneurs looking to get into the one of the fastest-growing industries in America.
THE AUTHORS
Carol Clinton, MD
Founder & Visionary, Timeless Skin Solutions
In 2004, at the dawn of the aesthetics industry, Dr. Carol Clinton launched a new type of medical practice in Columbus, Ohio with an eye on the future. After graduating from medical school at the Ohio State University and practicing emergency medicine for 15 years, she was ready for a new approach to the healing arts. With Timeless Skin Solutions, her goal was to create the ideal patient experience in the emerging field of aesthetic medicine.
Carol sold her practice for 5X EBITDA in 2020. An educator at heart, she finds great joy in sharing her knowledge with entrepreneurs and medical practitioners. One of the hallmarks of her practice was the multi-year educational curriculum (based on the residency model) she designed for her employees. "The University,'' as she called it, has given rise to a generation of elite aesthetics practitioners.
Sara Shikhman, Esq.
Managing Partner, Lengea Law
As the Managing Partner of Lengea Law, a healthcare law firm, Sara Shikhman has helped over 200 medical spa locations get started, grow, and become legally compliant.
A graduate of the University of Pennsylvania Law School, Sara has launched several multi-million dollar businesses. In four years as Director of Sales, Marketing, and Legal, she grew her first med spa from a one-room office into a multi-state medical spa and technology company with 12 locations across five states and over $13 million in annual revenue. Because of the systems and intellectual property she developed, that company has received valuations of upwards of $20 million.
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