Over the last 2 weeks, Home Care Exit Strategy expert Jen Ramos, shared key tips and strategies when thinking and preparing to sell your home care business. Today, she discusses the first steps you should take.
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Thinking about selling your home care business? You should be. But there are some things that you need to know. In today's episode, I have special expert Jen Ramos to talk about the first steps when selling your home care business.
A lot of business owners have no clue what the first step is. The first thing is NOT go out and talk to another business owner or go out and try to find a broker.
The first step is really to dig deep on what your next plan is and having a game plan post sale. If you were to sell your business, you really want to know what the next steps are because it is a very emotional process for 99.9% business owners out there.
It's a labor of...
It's not what you think. When looking to sell their home care businesses, many make this misconception. Hear from Home Care Exit Planning Expert, Jen Ramos, from JR3 Consulting Group.
Are you looking to sell your business? You should be, whether or not you're just getting started or if you've been in business for years. But there's one issue that comes up all the time. A common misconception that expert Jen Ramos is here to share...
The biggest misconception is by far that owners feel their business is worth way more than what's actually involved when you value a business and what it is worth from an acquirer's point of view.
A lot of business owners will think that their business is worth equal to their revenue they're bringing in, but they don't realize there's so many other factors that go into pricing a business from an acquirer's lens. The biggest advice I can give on that is really...
Now is the time...
Whether you have been in business for years or just getting started, it is essential to know when to sell your home care business. On today's episode we welcome special guest Jen Ramos, Licensed Business Broker and an experienced Certified Exit Planning Advisor, from JR3 Consulting Group.
Check it out!
Think with the end in mind. If you're a home care business owner, then an important question you need to be asking yourself is when to sell your home care business.
Well, lucky for you, I have brought on my good friend Jen Ramos, who is an expert at buying and selling home care businesses. Today we're answering that question. Let's dive in.
The best time to sell your home care business would be when you are at your peak of your business. It sounds a little counter intuitive, but when an owner is really doing the best that they are doing in their business, thats the time to sell.
Your sales are super high, your...