Nate Lind sells companies like realtors sell homes. He is a business broker at Website Closers, the largest marketplace of $1 million to $150 million dollar Internet, Technology and E-commerce businesses.
Top 3 Value Bombs:
1. If you don't have financials, get them. Get your income, all of your income itemized and categorized in QuickBooks. Get all your expenses into QuickBooks. Make sure that whatever it is you're thinking about selling, it has its own bank account.
2. It's going to be based on profit. If you want to start to get into the leagues where your sale is going to mean a potentially big windfall, then get yourself up to a quarter of a million dollars a year in profit.
3. Buyers will pay only as much as they feel the business is worth in terms of risk.
Read Nate’s book for FREE! - Maximum Exit
Sponsors:
HubSpot: HubSpot CRM’s powerful tools will help marketers WOW prospects, sales teams lock in deals, and service teams improve response times and overall service. Get started for free at HubSpot.com!
Elite Singles: Busy, successful professional looking for a partner who shares your drive and values? Then Elite Singles is the perfect dating platform for you! Sign up at EliteSingles.com/fire, complete your personality test, and start making meaningful connections today!
Liquid I.V.: The category-winning hydration brand fueling your well-being! Grab your Liquid I.V. in bulk nationwide at Costco, or you can get 20% off when you go to LiquidIV.com and use code FIRE at checkout!