Chapter

Evaluating and Purchasing a Business
listen on Spotify
37:41 - 42:03 (04:21)

In this podcast episode, the hosts discuss the process of analyzing, making an offer, and growing a business. They mention the importance of asking great questions and making the seller feel appreciated, and suggest a minimum of a three and a half multiple when evaluating a potential purchase.

Clips
The speaker explains how they evaluated a small business for acquisition by using a 3.5 multiple of discretionary earnings for the trailing 12 months, plus inventory at closing, and highlights some key factors that made the business a good investment opportunity.
37:41 - 38:21 (00:39)
listen on Spotify
Small Business Acquisition
Summary

The speaker explains how they evaluated a small business for acquisition by using a 3.5 multiple of discretionary earnings for the trailing 12 months, plus inventory at closing, and highlights some key factors that made the business a good investment opportunity.

Chapter
Evaluating and Purchasing a Business
Episode
#21 - How To Value, Sell and Buy Online Businesses
Podcast
My First Million
The text appears to be a fragment of a conversation and lacks context or a clear subject.
38:21 - 39:40 (01:19)
listen on Spotify
N/A
Summary

The text appears to be a fragment of a conversation and lacks context or a clear subject.

Chapter
Evaluating and Purchasing a Business
Episode
#21 - How To Value, Sell and Buy Online Businesses
Podcast
My First Million
A seller shares his experience of selling his business and the importance of having a good relationship with potential buyers, rather than simply accepting the highest offer.
39:40 - 40:29 (00:49)
listen on Spotify
Business
Summary

A seller shares his experience of selling his business and the importance of having a good relationship with potential buyers, rather than simply accepting the highest offer.

Chapter
Evaluating and Purchasing a Business
Episode
#21 - How To Value, Sell and Buy Online Businesses
Podcast
My First Million
This podcast explores the business acquisition process and how it can be mutually beneficial for both business owners and buyers.
40:29 - 42:03 (01:33)
listen on Spotify
Business Acquisition
Summary

This podcast explores the business acquisition process and how it can be mutually beneficial for both business owners and buyers. It delves into the importance of asking the right questions to analyze and grow a business.

Chapter
Evaluating and Purchasing a Business
Episode
#21 - How To Value, Sell and Buy Online Businesses
Podcast
My First Million