Aug 25, 2020
No two businesses are alike and with so many unique elements adding to a company’s success, business appraisal is more art than science. In today’s episode, we talk about making your business irresistible to buyers with Jim Cumbee, a foremost expert on the subject and author of Home Run, A Pro's Guide To Selling Your Business. After introducing Jim, he discusses how a business is quantitatively valued using a metric called EBITDA. While EBITDA provides a good start, Jim emphasizes that smart buyers closely scrutinize the qualitative aspects of a business.