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Listen "John Garuti III - How To Scale To Sell With A Business Broker"
Episode Synopsis
I've had so many conversations with business owners and business brokers, and found:
+ the owners are confused about why the brokers don't value their businesses as high as they thought they would...
+ and the brokers are frustrated that the owners believe someone would give any value to a sloppy and undocumented business with no repeatable processes written down.
Just because your business has been around for some years is no cause for valuation at all. If you can't hand that business to another person and expect them to get the same results you did in a repeatable way, you haven't created value in regards to the sale of your business.
John Garuti III is a business broker I've known for some time and keep running into through my contacts. So I'm having him on the Cold Star Project to explain what brokers are looking for when they're developing a valuation figure for a business.
Owners, listen up! In this episode is your path to the valuation of your business you imagined when you started out on your entrepreneurial journey. You'll hear from John Garuti III the pitfalls and the boosters of business valuation in the world of selling and buying businesses. If you think he's a fit for you, connect with John on LinkedIn.
+ the owners are confused about why the brokers don't value their businesses as high as they thought they would...
+ and the brokers are frustrated that the owners believe someone would give any value to a sloppy and undocumented business with no repeatable processes written down.
Just because your business has been around for some years is no cause for valuation at all. If you can't hand that business to another person and expect them to get the same results you did in a repeatable way, you haven't created value in regards to the sale of your business.
John Garuti III is a business broker I've known for some time and keep running into through my contacts. So I'm having him on the Cold Star Project to explain what brokers are looking for when they're developing a valuation figure for a business.
Owners, listen up! In this episode is your path to the valuation of your business you imagined when you started out on your entrepreneurial journey. You'll hear from John Garuti III the pitfalls and the boosters of business valuation in the world of selling and buying businesses. If you think he's a fit for you, connect with John on LinkedIn.
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