 |
Freedom Factory's PodcastAuthor: Robert Hirsch
Do you want even more freedom in your life? As entrepreneurs, many of us start our business because we want more freedom in our lives, but our definition of freedom changes as our business grows. At first, we just want to break the time for money continuum and by working on the machine instead of working in the machine, we do that. Language: en-us Genres: Business, Entrepreneurship Contact email: Get it Feed URL: Get it iTunes ID: Get it |
Listen Now...
Is There a Simple Business Valuation Calculator
Friday, 29 May, 2020
Today's episode of the podcast, Robert Hirsch from Freedom Factory discusses "Is There a Simple Business Valuation Calculator". Listen to the podcast, watch the video https://freedomfactory.libsyn.com/is-there-a-simple-business-valuation-calculator or read the transcript below. Hey, it's Robert from Freedom Factory. I want to talk to you about a little pain point that we have in our business, and it's a business valuation calculator. People look at real estate and tools like Zillow, or they look at Kelly blue book on cars and they say, why don't you have a business valuation calculator? You've been doing this for so long, and the reality is we'd love to. Problem is it's hard. And so there are a couple of really good baselines, like revenue and earnings and we can talk about guidelines and what that looks like but what makes us so hard to do is you can take two businesses, same revenue, same earnings, worth vastly different multiples. Literally two, three X each other, not even close. And that's because of the intangibles. There's so many things to a business - intellectual property, defensibility software that really make it a more complex discussion than just, Hey, what are your earnings and you're worth five times that hypothetically. Now we're working with it. It's probably a little early to talk about it, but we're working with an amazing company to solve this problem and we're going to have a solution soon. But in the interim, if you have any questions about how do you maximize the value of your business or what your business is worth, why don't you give us a call at Freedom Factory. We look forward to speaking with you soon. Thank you so much. Please hit like and subscribe. Contact Freedom Factory Freedom Factory 5500 Greenwood Plaza Blvd., Ste 230 Greenwood Village, CO 80111 Phone: 844-MAX-VALUE (844-629-8258) https://www.freedomfactory.com/ https://g.page/freedom-factory-denver Also, Follow Freedom Factory here Best Business Brokers - video portfolio Follow us on Twitter Find us on Facebook.com Connect on Linkedin Youtube Channel Managing Partners Learn more about the managing partners, Tyler Tysdal, and Robert Hirsch. About Tyler Tysdal
