How Much is Your Business Worth?

23/10/2023 23 min Episodio 12
How Much is Your Business Worth?

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Episode Synopsis

As a business owner contemplates selling their business, oftentimes their life's work, a big misconception can occur. The overall value of their business is misconstrued based on numerous factors and considerations, which leaves the business owner confused. On the latest installment of Lessons by the Lake, we're diving deep into the process of developing a true valuation of a given business. There are countless details incorporated into this process, all of which aimed at providing the business owner with a hard number on what their business is ultimately worth. These conversations are routine for Bob Bedritis and his business owner clients, so let's get right into the details and answer the question: How much is my business really worth? Timecodes:0:06 - Introduction and overview on the topic of the day1:45 - The valuation process is crucially important 5:33 - Why a business owner should be prioritizing the valuation process today7:40 - The latest trends and statistics surrounding the sale of businesses10:45 - What the valuation process entails and provides to business owners overall15:32 - Information is power and it allows you to make smart decisions for your future18:55 - How you can get in touch with Bob and his team to discuss your business20:40 - Closing remarksConnect with Bob Bedritis:WebsiteFacebookYouTubeLinkedIn

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