Do You Know How To Increase The Value Of Your Business?

Do you know how to increase the value of your business?

It’s a simple enough question that I’ll ask one more time.

Do you know how to increase the value of your business?

Grow your business, sell it, or both, all roads lead to knowing how to increase the value of your business.

Put in another way, when you know how to increase the value of your business, you control your destiny.

Who am I, and how do I know?

I was that kid who started his eLearning company right out of school with no money, experience, or team.

I had no business being in business, and the results showed. My saving grace was my grit and passion, which kept me in the game long enough to experience success.

With success came attention to my business. In short order, I received an unsolicited 7-figure offer based on three times EBITDA.

The offer was from an experienced and sophisticated buyer who was like a wolf in sheep’s clothing.

Something didn’t feel right. I said “no” to the offer, and at the same time, said “yes” to mastering the art and science of selling a business.

Two years later, I said “yes” to a 9-figure offer based on 13-times EBITDA from a different buyer.

I increased the value of my business 10X even though it was the same company, people, and service.

What did I do, and how did I do it?

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Do You Know How To Increase The Value Of Your Business? was originally published on JeffreyFeldberg.com