P is for Profit

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Summary

You’ve gone from startup to six or seven figures. Your business is healthy and growing. You’re ready to sell. What next? Just like selling a house, you can’t simply throw up a “For Sale” sign. You have to stage the house for showing, the financials should be in order, and you have to ensure that prospective buyers see value.

Show Notes

You’ve gone from startup to six or seven figures. Your business is healthy and growing. You’re ready to sell. What next?
 
Just like selling a house, you can’t simply throw up a “For Sale” sign. You have to stage the house for showing, the financials should be in order, and you have to ensure that prospective buyers see value.
 
But all too often, Mark sees business owners with badly kept books – they do just enough to file their taxes each year. They may be profitable, but they don’t know how that translates to value. As a result, they don’t know how much the business is really worth… and they’re definitely not able to convince prospective buyers to meet their asking price.
 
Hope is not lost. You can get back on course and sail off into the sunset after selling your business. Mark sets the course in our conversation. (Buyers can learn a lot, too.)
 
Tune in to discover…
                                                         
  • Where you can get a free business valuation
  • Identifying your business’s Achilles Heel(s)
  • What really drives the value of your business – it’s probably not what you think
  • The key financial metrics you won’t get from accounting software
  • And more

What is P is for Profit?

Small business is crazy competitive and too often profits are razor-thin. However, some people are bringing home big, bankable profits. Adam Lean, small business veteran and founder of TheCFOProject.com interviews top small business experts to uncover the secrets to building a profit-focused company. Along the way, he'll break down all the complex finance stuff and make it simple and easy to understand so you can be a better business owner and own a more profitable business. Watch the on-demand video seminar: "Why Your Small Business Might Not Be as Profitable as it Should Be" at theCFOproject.com/video.