My Podcast

How to Buy or Sell a Business with Neil Gerritsen

3 Key Points in this Episode:

  1. You should start with how you will end when starting and building a business.
  2. If you are selling your business, it is essential that you have a realistic view of the value of the business.
  3. If you are buying a business, you should be able to pay for 25% of the purchase price with cash and have a minimum of three months of operating expenses in reserve.

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