The Sell Your Service Business Podcast

The Sell Your Service Business Podcast

Do you have an exit plan for your business? What happens when you want to retire or transition? For years there haven’t been many great options for small service business owners but, that has changed. Today there are private equity and buyers looking to buy system-driven, established, and profitable service businesses. That means if your business meets the criteria you can make a successful 7 or 8-figure exit from your business. This podcast aims to answer the question of how you get there. What does the process look like? And how can I increase the value and marketability of my business so i could be ready to sell in the future? Join Brad Williams and Tony Morgan as the explore today’s world of acquisitions for small business owners in the service industries. You can learn more and connect with us at www.YourExitPlan.net

Episodes

May 11, 2023 21 mins

Ton and Jonathan discuss the emotional impact of selling a business on employees and provides insights into how business owners can prepare their employees for the sale and support them through the transition period.

They stress the importance of open communication, transparency, and honesty when dealing with employees during the sale process. They explain how to create a positive company culture that will help employees maintain t...

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In this episode,  Brad interviews Jeremy Morgan, the founder of a successful building maintenance company based in Florida. Throughout the interview, Jeremy shares his entrepreneurial journey, starting from scratch as a one-man operation and growing his company to a team of over 100 employees. He discusses the challenges he faced and how he overcame them, including managing cash flow, hiring and training employees, and competing in...

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The episode focuses on the importance of preparing yourself mentally before selling your business. Tony stresses the significance of understanding your personal goals and motivations for selling and having a clear understanding of your business's financial situation. The video provides practical tips on how to get organized, set goals, and build a strong support system. Additionally, Tony highlights the importance of seeking profes...

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How do you sell your company? What are the steps? Do you need a broker? How long does it take?

There are so many questions, and in this episode of the sell your service business podcast, we step through the entire process from start to finish.

If we missed your question, please leave it in the comments below, and we will be sure to answer it next season.

And as always, feel free to connect with us anytime. We are happy to talk abou...

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Is there life after the sale?

That is a question many of us ask. It's really hard to see through the veil to the other side. We put years and years of blood, sweat, and tears into our business and we can't imagine life without it. Do you wonder, is there a happy ending for business owners? Is selling my business right for me? If you've ever asked any of those questions, this interview is for you. Ray Burker of Spraywash, Spraywash ...

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You've worked really hard to build a successful business, and you're ready to cash out and step into the next chapter of your life. So, how do you get the most for your business and all your hard work on the open market? In this discussion, Brad and Tony talk about a few specific things you can do to increase the value of your business during an acquisition.

 

Connect with us www.yourexitplan.net

 

Brad Williams https://www.linked...

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January 11, 2023 29 mins

When it comes to a company valuation there are many misconceptions that float around, so in this episode we are going to debunk the myths and talk about the nuanced process a buyer would undergo to come up with a fair market value of a company.

We discuss EBITDA, adjusted owner benefit, the multiple and how it’s affected, duplicatable results, being process driven and the importance of timing.

 

Want to have a chat about your exit ...

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The buying and selling service businesses have undergone a massive transformation in the last 20 years. Where once businesses were bought and sold for pennies on the dollar, today there are serious buyers with deep pockets creating opportunities to build and then exit a service business with a lucrative return. 

Tony, built his business during the wild west days, acquired 21 companies in a span of 20 years, and has seen that world ...

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The world of acquisitions has changed for the owners of small service businesses and we are excited about the opportunity that has opened up for many entrepreneurs. 

Have you ever thought about selling your business? Or what that option might look like? How about is my business sellable? 

That's what we aim to answer in this episode and throughout the inaugural season of this show. Every business owner deserves an exit plan, a way ...

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