Join your host Giuseppe Grammatico and his guest David Barnett as they talk about exit strategies, the business selling model that works better for clients, and what one needs to do to sell a business faster. In this episode, what’s done to a business operation-wise is valued more than what you’ve put into starting the business, David clarifies. For it to be viable to buyers, numbers need to be up, visible, and sustainable. He emphasizes that before a business can even enter an exit phase, it needs to be in prime shape, especially before an owner’s lack of interest and focus starts impacting the results.
In this episode you will learn:
- Business owners and franchise investors when it comes to exit strategies.
- Different businesses have varying multiples.
- Cashflow > Revenue – Why operation is key.
- What are the reasons why people sell their business?
Connect with David C Barnett
Website: https://www.davidcbarnett.com/
LinkedIn: http://ca.linkedin.com/in/davidbarnettmoncton
Facebook: https://www.facebook.com/DBarnettMoncton
Twitter: https://twitter.com/DBarnettMoncton
Youtube: https://www.youtube.com/c/DavidBarnettMoncton/featured
