Episode Details
Back to Episodes
E26 - Selling Your Contracting Business - The Ultimate Step by Step Guide
Description
In this episode of Beers with Contractors, hosts Will and Dillon dive into the intricate process of selling a contracting business. They share their firsthand experience, discussing strategies for assessing the value of your company, managing debt, and navigating the complex world of LOIs, due diligence, taxes, and more. The episode also features a lighthearted segment filled with dad jokes, making for both an informative and entertaining session. Tune in to learn how to prepare your business for sale and ensure a smooth transition, while also catching some laughs along the way. Happy Father's Day to all contractors!
00:00 Introduction
00:42 Father's Day and Dueling Dad Jokes
08:55 Starting and Growing a Contracting Business
15:41 The Decision to Sell your Business
23:13 The Due Diligence Process
28:39 Understanding Business Valuation
32:43 Negotiating the Sale
46:38 Post-Sale Reflections and Advice
57:28 Conclusion
The Worker Incentive Program that Contractors Love! - Per4mance Software
http://unisonworx.com/per4mance
Unison is Workforce Management Software for the Construction Industry
Learn more at [https://unisonworx.com/industries/constructionn](https://unisonworx.com/industries/construction)