Manage episode 227101078 series 1923829
In episode 129 of Financially Simple, Justin answers a listener’s question on achieving financial stability.
Having financial stability in your business is like having smooth, calm waters to go fishing. And having a financially stable business will increase its value and attractiveness to potential buyers down the line. Justin goes over three areas that business owners should address in order to achieve financial stability.
01:41 - How to Build Financial Stability in a Small Business for Maximum Value
02:19 - Still Waters
06:05 - Recurring Revenue
09:23 - Broad Customer Base
11:33 - Team Centric
13:17 - Wrap up
Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.
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