If I want to buy a business I need to know what it is worth. How do we calculate the value of a business?

Is it an art or a science? This episode examines this key aspect of business buying.

There are 3 major decisions any business buyer needs to make.

Do I look for a healthy business or a distressed business?

How big should the business be?

What industries or sectors should I look at?

Today we discuss these questions to help potential buyers get more clarity about what to target.

Buying businesses is not easy. If you want to make a success of it then you need to adopt the right approach and to have the right mindset. This episode looks at those two facts and explains what you need.

Phil and JT discuss the key aspects of buying businesses and why this is the right time to be looking for good opportunities.

JT sees the acquisition of businesses as a great way to build value and add to a portfolio of investments.

Phil gives an overview of the podcast series and what we are going to cover in the episodes to come.