Selling Your Business: How Much Is Your Business Worth?
How much is your business really worth? Revenue is important, but buyers also look at profitability, leadership, growth potential, and how dependent the company is on the owner. In this episode of Healthy, Wealthy & Wise, Tessa Hall speaks with BWFA Managing Director of Mergers & Acquisitions Brian McMillan about business valuation and the factors that influence what buyers are willing to pay. They discuss: • EBITDA and why it matters • Why similar businesses can have different values • Industry trends and growth opportunities • Lifestyle businesses versus companies with leadership teams • Owner involvement and buyer interest • Factors that affect the ease of a transaction In addition, Brian explains why businesses that operate independently of the owner often attract more buyers and may command higher valuations. Business Owner Series This episode is part two of BWFA's Business Owner Series, which explores business exits, valuation, retirement planning, and other considerations that affect business owners and successful transitions. Learn more about Business Owner Planning: https://bwfa.com/business-owner-plann... Learn more about BWFA: https://bwfa.com/ Baltimore-Washington Financial Advisors Healthy, Wealthy & Wise Podcast
