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Becker Private Equity & Business Podcast

Evaluating Your Business Journey with Jennifer June of VMG Health 5-7-25

07 May 2025

Description

In this episode, Jennifer June, an expert from VMG Health, shares insights on what it takes to successfully scale a medical spa business. From evaluating operational readiness to avoiding common pitfalls, they break down strategic growth steps every provider should consider. This episode is sponsored by VMG Health.

Audio
Transcription

Full Episode

0.249 - 20.198 Charissa

Ich bin Charissa und meine Empfehlung an alle Entrepreneure, startet mit Shopify erfolgreich durch. Ich verwende Shopify schon seit dem ersten Tag und die Plattform macht mir nie Probleme. Ich habe viele Probleme, aber die Plattform ist nie eins davon. Ich habe das Gefühl, dass Shopify ihre Plattform kontinuierlich optimiert. Alles ist super einfach, integrier- und verlinkbar.

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20.218 - 25.26 Charissa

Und die Zeit und das Geld, das ich dadurch spare, kann ich anderweitig investieren. Vor allem in Wachstum.

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25.64 - 69.266 Scott Becker

Jetzt kostenlos testen auf shopify.de. Wir sind in einer Zeit, in der Privat-Equity mehrere verschiedene Herausforderungen mit ihren Sponsoren hat, wo sie beide sehr hart arbeiten, um den gleichen Verbrauch, den organischen Verbrauch, das Geschäft in die richtige Richtung zu bringen. Sie können auch auf Akquisitionen und anderen Größern, außerhalb des organischen Verbrauchs, arbeiten.

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70.08 - 89.83 Scott Becker

But the acquisition growth has gotten harder and harder. So we've got more and more people looking at how are operations going? How do we get them better? How do we assess them? Jennifer is going to talk to us today about a lot of that. Jennifer, can you take a moment and introduce yourself and tell us a little bit about your background and about VMG Health? Sure.

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89.85 - 116.209 Jennifer June

Thank you for having me. My name is Jennifer June and I am a senior consultant with VMG Health. We specialize in aesthetics, plastic surgery and dermatology as well as ophthalmology. I am an expert in the aesthetics field. My background lies in over 20 years of retail health and wellness in startups and turnaround situations working with private equity.

117.449 - 136.123 Jennifer June

Most recently opened and grew my own med spa chain to 12 locations regionally on the northeast and was able to sell them to a private equity group in January of 2024. I've also worked for some of the larger chains as well throughout the United States in the aesthetic space.

137.029 - 165.373 Scott Becker

So that's amazing. So you're both an operator, you've been an operator, a founder, a consultant. What an amazing... Congratulations and what an amazing background. So as you assess... Businesses and locations and situations. Talk to us about how you start to look at what you're assessing and where do you start on that? And how you look at locations, is the location thriving and profitable?

165.433 - 168.995 Scott Becker

Tell us a little bit about how you look at these types of businesses.

170.009 - 190.504 Jennifer June

Das erste, was man sich anschaut, ist eine SWOT-Analyse. Man kann nie vergessen, wie wichtig eine SWOT-Analyse ist. Vor allem im MedSpa-Bereich, um sicherzustellen, dass man die richtigen Entscheidungen macht. Wichtige finanzielle Gesundheit, also deine wichtigen Indikatoren, Profitabilität, Geldfluss und Kosten. Und dann natürlich sind die operativen Effizienzen sehr wichtig.

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