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The Main Street Code - Maximizing Business Value with Anthony Citrolo - S5E07
Welcome to "The Main Street Code for Financial Success"!
In this insightful episode, we're joined by Anthony Citrolo, the founder of the NYBB Group. With over two decades of experience, Anthony shares invaluable advice for business owners on the importance of having an exit strategy, business valuation, and the critical aspects that contribute to maximizing the value of your largest asset—your business.
We dive deep into why preparing for an exit strategy from the start is crucial, how to assess the value of your business beyond just earnings, and the significance of a strong management team. Anthony also highlights common misconceptions about business valuation influenced by shows like Shark Tank and stresses the importance of being ready for unexpected offers to purchase your business.
Join us as we explore the worst times to sell a business, the role of a management team in valuation, and the necessity of having buy-sell agreements and insurance in place for business continuity. Whether you're contemplating selling your business or just starting out, this episode is packed with actionable insights to help you prepare for the future and ensure the longevity of your business legacy.
Tune in to learn how to protect and maximize your business's value with expert guidance from Anthony Citrolo. Catch this and more every Friday at 3 PM EST on 103.9 L.I. News Radio, and don't forget to visit www.themainstreetcode.com for more episodes and financial insights. All shows are available on YouTube, Apple Podcasts, and Spotify.
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By Neil HimmelsteinWelcome to "The Main Street Code for Financial Success"!
In this insightful episode, we're joined by Anthony Citrolo, the founder of the NYBB Group. With over two decades of experience, Anthony shares invaluable advice for business owners on the importance of having an exit strategy, business valuation, and the critical aspects that contribute to maximizing the value of your largest asset—your business.
We dive deep into why preparing for an exit strategy from the start is crucial, how to assess the value of your business beyond just earnings, and the significance of a strong management team. Anthony also highlights common misconceptions about business valuation influenced by shows like Shark Tank and stresses the importance of being ready for unexpected offers to purchase your business.
Join us as we explore the worst times to sell a business, the role of a management team in valuation, and the necessity of having buy-sell agreements and insurance in place for business continuity. Whether you're contemplating selling your business or just starting out, this episode is packed with actionable insights to help you prepare for the future and ensure the longevity of your business legacy.
Tune in to learn how to protect and maximize your business's value with expert guidance from Anthony Citrolo. Catch this and more every Friday at 3 PM EST on 103.9 L.I. News Radio, and don't forget to visit www.themainstreetcode.com for more episodes and financial insights. All shows are available on YouTube, Apple Podcasts, and Spotify.