Thanks to all the business owners who attended our seminar on Wednesday April 30th at Hellmuth & Johnson! If you need a refresher on the concepts we covered you can view the presentation HERE.
Here’s a summary of the things we learned:
- Most businesses are sold for a multiple of earnings
- The multiple YOUR business sells for is effected by 1) the size of your business 2) your company’s Value Drivers
- These Value Drivers are driven by Risk and Growth.
- The more Growth (or stability) you have in your company the higher multiple buyers are likely to pay when you sell your business.
- The more Risk you have, say such as large customer concentrations or your business is owner-centric, the lower the multiple will be.
- Focusing on these Value Drivers, and reducing Risk and amplifying Growth, will increase your business performance AND make your business value higher.
If you have any questions or want to meet with Sunbelt or any of the Panelists just Contact Us.
