Episode Details

Key Takeaways

4:18 Every Business is Different

6:45 Why Do You Need to Know Your Salon’s Value

9:45 Fair Market Value

16:46 How Sellable is Your Business?

Quotes

Doug: 1:36

I think it's just good to be grounded in what a realistic value of your business in. Because again I said, the whole thing, if you're not aware of it, you can't manage it. You can't make it worth more. You can't offer the right people into your company if you don't know what that number is.

Laurel: 4:18

So that's the first thing that's very difficult because every business is different. Every salon is different and because the humans are different, so in how they handle things.