Episode 12

full
Published on:

23rd Oct 2023

How Much is Your Business Worth?

As a business owner contemplates selling their business, oftentimes their life's work, a big misconception can occur. The overall value of their business is misconstrued based on numerous factors and considerations, which leaves the business owner confused.

On the latest installment of Lessons by the Lake, we're diving deep into the process of developing a true valuation of a given business. There are countless details incorporated into this process, all of which aimed at providing the business owner with a hard number on what their business is ultimately worth.

These conversations are routine for Bob Bedritis and his business owner clients, so let's get right into the details and answer the question: How much is my business really worth?

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:45 - The valuation process is crucially important

5:33 - Why a business owner should be prioritizing the valuation process today

7:40 - The latest trends and statistics surrounding the sale of businesses

10:45 - What the valuation process entails and provides to business owners overall

15:32 - Information is power and it allows you to make smart decisions for your future

18:55 - How you can get in touch with Bob and his team to discuss your business

20:40 - Closing remarks


Connect with Bob Bedritis:

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About the Podcast

Lessons by the Lake: The Oswego Private Wealth Show
Making Your Finances Our Priority, So Your Life Can Be Your Focus
Welcome to Lessons by the Lake: The Oswego Private Wealth Show!

Featuring Bob Bedritis, Managing Director of Oswego Private Wealth Management, we'll explore various wealth management strategies, solutions, and conversations that Bob is discussing with his affluent clients every day.

Whether it be circumstances related to family businesses, wealth preservation, or even charitable intent, this show covers a wide-variety of financial services that's bound to leave you with some considerations for your own financial portfolio.

Thanks for checking out our show! Be sure to leave a comment and subscribe on your favorite podcasting platform so you never miss another episode! Enjoy!

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