Episode Details
Back to Episodes
Begin with the End in Mind
Published 5 years, 8 months ago
Description
Understand how much money you need to exit your business with and then work backwards to where you are now. The steps are:
- Talk to your financial advisor about how much you need to sell your business for given when you want to retire.
- Know your business' current value.
- Apply revenue and costing models to help you achieve the value you need over the timeframe you want.
Resources: https://affordablebookkeepingandpayroll.com/resource-opt-in
Become a supporter of the show: https://www.buzzsprout.com/1522381/support