Making Business Profitable with EBITDA Growth Systems

In this very, very important episode, Dave & Mike discuss how important it is for coaching to be a big part of your business!
For more info, or to let our experienced team Coach you to success, contact us at EBITDAGrowthSystems.com

Join Dave and Mike as they discuss a brand promise that is too good to be true and discuss some very fun news Mike has to share!

Mike & Dave discuss what it means to be an employer of choice and how it can be a big benefit to your business

Visit us online at EBITDAGrowthSystems.com

Mike & Dave are joined by Chris Latino from Latino & Associates to discuss PPP!

For more info, send us a message at EBITDAGrowthSystems.com, or visit Chris at LatinoCPA.com.

Join us as we discuss what you can do while handling the COVID-19 crisis with your employees.

Join us as we discuss the age old question...Is it really all about Profit?

Join us as we breakdown the pros and cons of Trades vs Colleges!

This segment outlines the three most important factors  that must be considered before starting a business – 

1.     Do you have a passion for the work?  The going is going to get really tough really fast.  It will be your passion that sees you through it.  If you lack passion, you will lack the motivation to continue to fight.

2.     Can you make money with your passion?  The object of the great game of business is to make profits.  If the object of your passion is not scalable enough to yield profits commensurate with the risk associated with starting a business, then just leave it as a hobby.

3.     Craft a business plan.  There is very little value in having a business plan but there is tremendous value in planning for the business.  Using Google and US government resources to research industries, markets and competitors is very important.  Developing a financial plan that forecasts revenues and expenses is even more important.

After these factors have been worked through, then you can begin to decide whether you should start from scratch or purchase an existing business.  With four million Baby Boomer owned businesses hitting the market in the next 3-5 years, there are incredible opportunities out there.