182. Fine Tune Your Way to Success | David Silverstein
What makes a business valuable?
David Silverstein would know, as he has now successfully built and sold two home improvement businesses over the course of his entrepreneurial career, including American Home Contractors.
Along the way, he has learned that it’s best to build your company so that it’s easily sellable. After all, even if you’re not interested in selling your business, it sets you up to have that option.
David is an open book in this interview, sharing everything from financial requirements to processes and even the surprising part of the online world that can impact if, how and for how much your business will sell.
Listen carefully for the insights that David shares on what you can do today to structure your business so that it’s running like an attractive and well-oiled machine.
In this episode, you’ll discover:
- The aspects of your business that influence your company’s value to outside investors
- Which elements of your online reputation influence the valuation of your business the most
- The minimum EBITDA you need to have for private equity investors to be interested in your home improvement business
- A clear method for selecting lead sources and building a successful marketing plan
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