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Buying⧸Selling a Contracting Business？ Listen to This: Contractor Evolution
Find More Episodes on PCA Overdrive: https://www.pcaoverdrive.org/contractor-evolution
PCA Overdrive is free for members.
Not a member? Download the app on the Apple Store or Google Play and enjoy a 7 day free trial!
Become a member: https://www.pcapainted.org/membership-resources/
Get your free strategic planning tool here: https://trybta.com/PCA173
To learn more about Breakthrough Academy, click here: https://trybta.com/pca-ce
Buying and selling contracting businesses is no easy feat.
Compared to buying or selling a home, the whole system is needlessly confusing and incredibly dated. It involves pen-and-paper processes, uninformed sellers, and brokerage-owned listing sites that look like they were built in 2004.
Our guest today, Morgan Tate, is on a mission to change this with a new platform called DealBuilder.co that centralizes and expedites the deal-making process for brokers, buyers and sellers. And he’s got a pretty interesting vantage point on how businesses change hands.
In this episode, we cover:
- The difference between saleability and valuation and how to optimize for BOTH
- How to spot solid buying opportunities to help you grow through acquisition
- And lastly, the 3 most common deal killers - surprisingly obvious little mistakes that can squash a deal right before the finish line
If you’ve ever considered selling your business or acquiring another one, this is a must-listen.
Learn more about DealBuilder here: https://www.dealbuilder.co/
00:00 - Intro
02:01 - About DealBuilder
05:00 - What is fundamentally broken about the SMB Marketplace?
06:52 - How much work is it really to transact on a business?
09:39 - The difference between valuation and saleability
21:11 - What to consider if you're thinking of selling
36:17 - What to consider if you're thinking of acquiring a new business
53:36 - 3 Most common Deal Killers
55:47 - Connect with Morgan
Subscribe to Breakthrough Academy to never miss a video! �
http://bit.ly/youtubebta
Interested in working with us? Let's chat: https://trybta.com/welcome
Join our Facebook Group:
/ contractorroundtable
Connect with us on Social Media:
Facebook: / thebreakthroughacademy
Instagram: / btacademy
LinkedIn: / 10175179
Email: [email protected]
Phone: 1-800-875-1704
#BTA #BreakthroughAcademy #BuildingSuccess
View all episodes
By PaintEd Podcast
4.9
5656 ratings
Find More Episodes on PCA Overdrive: https://www.pcaoverdrive.org/contractor-evolution
PCA Overdrive is free for members.
Not a member? Download the app on the Apple Store or Google Play and enjoy a 7 day free trial!
Become a member: https://www.pcapainted.org/membership-resources/
Get your free strategic planning tool here: https://trybta.com/PCA173
To learn more about Breakthrough Academy, click here: https://trybta.com/pca-ce
Buying and selling contracting businesses is no easy feat.
Compared to buying or selling a home, the whole system is needlessly confusing and incredibly dated. It involves pen-and-paper processes, uninformed sellers, and brokerage-owned listing sites that look like they were built in 2004.
Our guest today, Morgan Tate, is on a mission to change this with a new platform called DealBuilder.co that centralizes and expedites the deal-making process for brokers, buyers and sellers. And he’s got a pretty interesting vantage point on how businesses change hands.
In this episode, we cover:
- The difference between saleability and valuation and how to optimize for BOTH
- How to spot solid buying opportunities to help you grow through acquisition
- And lastly, the 3 most common deal killers - surprisingly obvious little mistakes that can squash a deal right before the finish line
If you’ve ever considered selling your business or acquiring another one, this is a must-listen.
Learn more about DealBuilder here: https://www.dealbuilder.co/
00:00 - Intro
02:01 - About DealBuilder
05:00 - What is fundamentally broken about the SMB Marketplace?
06:52 - How much work is it really to transact on a business?
09:39 - The difference between valuation and saleability
21:11 - What to consider if you're thinking of selling
36:17 - What to consider if you're thinking of acquiring a new business
53:36 - 3 Most common Deal Killers
55:47 - Connect with Morgan
Subscribe to Breakthrough Academy to never miss a video! �
http://bit.ly/youtubebta
Interested in working with us? Let's chat: https://trybta.com/welcome
Join our Facebook Group:
/ contractorroundtable
Connect with us on Social Media:
Facebook: / thebreakthroughacademy
Instagram: / btacademy
LinkedIn: / 10175179
Email: [email protected]
Phone: 1-800-875-1704
#BTA #BreakthroughAcademy #BuildingSuccess
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