Secrets of Buying and Selling a Construction Business & Why Most Are Unsellable
Video from Construction Leading Edge. Watch on YouTube.
What you'll get
A contracting-firm owner who has bought two companies tells a construction coach why a firm run by its owner has little value to a buyer, how small firms are priced as a multiple of profit rather than revenue, and what to check about a seller and the staff before buying. The host sells a coaching program to contractors and pitches it during the show; use it to see why systems and documented roles decide whether a firm could ever be sold, or even keep running if the owner is out.
Do this week
Write down what would happen to your jobs, payroll and client calls if you were out for a month, and fix the first thing that would break.