Succession Planning - How To Value Your Business

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ABOUT THIS EVENT
Event Category

Business & Technology

Event Overview

"When you are proactive you control the situation, when you are reactive the situation controls you"
Did you know the average business takes 18 to 24 months to sell? Which means if you want to sell right this moment, you better add at least 3 to 6 months to that time frame because it could take that long to prepare your business to be placed on the market.

Wouldn't you like to know what your business is worth? Want to learn how to value your business so you can measure your success? This is a 1 hr class on how to evaluate your business. We will go over generic profit and loss statements and you will find out what multiplier your business is worth at the present moment.

What to Bring

Profit and Loss statement , past 3 years and balance sheet

Minimum age

All ages welcome

Cancellation Policy
Location

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MORE ABOUT YOUR HOST

I have started and sold several businesses in the past 12 years. I have owned and sold my parking businesses, fitness gyms, transporation companies, and senior health care service. I still have ownership in a couple companies and have vested interest in a new software company. I have had a lot of success in starting and selling businesses which got the attention of other business owners. They would always ask me how I sold my businesses so fast and how long had I been planning to sell. And what I told them might suprise some people. I told them that I am always willing to let go of my business because you never know when an external factor could force you to sell which could affect its value. My favorite saying is "When you are proactive you control the situation, when you are reactive, the situation controls you" which I feel applys to anybody who has never considered an exit strategy.

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