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73 - Exit Strategy Part 2 - Valuation

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Manage episode 228509665 series 1104752
Content provided by Interviews of successful entrepreneurs, CEO's, business leaders on marketing, management, mentoring, Interviews of successful entrepreneurs, and Business leaders on marketin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Interviews of successful entrepreneurs, CEO's, business leaders on marketing, management, mentoring, Interviews of successful entrepreneurs, and Business leaders on marketin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, Dennis Zink talks with Peter Gruits with the SCORE Exit Strategy Team and Eric Robinson, a CPA with Robinson, Gruters & Roberts, CPA, about business valuation.

You'll learn what a buyer is actually buying, methods used to establish value, and the definitions of goodwill and EBITDA. You'll also learn why owner benefits are added back to recast the true profit, how multiples are determined, SBA loan guarantees, taking an earnout as partial compensation, non-competes and what you should not do when selling your business.

  continue reading

86 episodes

Artwork
iconShare
 
Manage episode 228509665 series 1104752
Content provided by Interviews of successful entrepreneurs, CEO's, business leaders on marketing, management, mentoring, Interviews of successful entrepreneurs, and Business leaders on marketin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Interviews of successful entrepreneurs, CEO's, business leaders on marketing, management, mentoring, Interviews of successful entrepreneurs, and Business leaders on marketin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, Dennis Zink talks with Peter Gruits with the SCORE Exit Strategy Team and Eric Robinson, a CPA with Robinson, Gruters & Roberts, CPA, about business valuation.

You'll learn what a buyer is actually buying, methods used to establish value, and the definitions of goodwill and EBITDA. You'll also learn why owner benefits are added back to recast the true profit, how multiples are determined, SBA loan guarantees, taking an earnout as partial compensation, non-competes and what you should not do when selling your business.

  continue reading

86 episodes

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