Jun 28, 2018
In episode 68 of Financially Simple's Growing a Business series, Justin goes over the principles that will determine the value of your business to potential buyers.
When starting and even running a business, it’s important to keep the end goal in sight - selling the business for maximum value. Justin looks at the six principles that will affect how valuable your business is and ultimately what they are willing to pay you for it.
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00:34 - 6 Principles which make a Business more valuable to the Potential Buyer
05:41 - What would someone analyze before investing money to purchase your business?
06:37 - Profitability
09:53 - Repeatability
13:45 - Predictability
18:20 - Sustainability
21:13 - Credibility
21:55 - Transferability
23:43 - Summary
Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.