How do you get out of the business with the most GREEN?
This week we are learning 5 ways to improve the value of your company!
Potential Buyers look at key areas of your business. We’ve outlined the key areas that need to be strong in order to create value within your company.
- Earnings, Net Profit and Cash Flow
- Build recurring revenue – that is what buyers want
- A Good balance of target market customers. You want a balanced portfolio
- Employees – Tenure and how long have people been with you? Are they loyal? Do they produce quality?
- Great systems – Estimating, project cost tracking, employee relations, quality account programs
- Owner – Make sure you take yourself out of the day-to-day operations so the company can function without you.
We hope you enjoyed this video. Leave your comments below!
– Ed and Bill