Business Buying Strategies From The Dealmaker's Academy

When you're buying a business, one of the first things you want to know is how you can add value to it. How can you buy a business, improve it and then sell it on for a 6 or 7-figure payday. The first place to look for clues is in the balance sheet. You see, if you know that a typical business in your sector makes 20% EBITDA then this can instantly highlight an underperforming business. If you're looking to buy a £1 million business and it should have a 20% EBITDA. Then you expect to see £200K profit on the balance sheet. If the business that you want to buy only has £25K profit then the question is why? Where did the other £175K go? Once you can answer that question ... you'll know how you can improve the profit from £25K to £200K quickly and easily. What other ways can you add value to a business? And... What other clues should you look for on the balance sheet?   Follow or connect with Jonathan on LinkedIn https://bit.ly/2S3Xzxw Watch our YouTube Channel The Dealmaker's Academy https://bit.ly/3b86OF