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Begin with the End in Mind
Manage episode 285731743 series 2832406
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 supported of the show: https://www.buzzsprout.com/1522381/support
348 afleveringen
Manage episode 285731743 series 2832406
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 supported of the show: https://www.buzzsprout.com/1522381/support
348 afleveringen
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