Selling a business is the most significant financial transaction most owners will ever make. The proceeds fund retirement, family legacy, the next venture, or simply the freedom to do something different. And yet most business owners spend more time planning a vacation than planning their exit. The result is predictable: businesses that sit on the […]
The 7 Value Drivers That Push Your Multiple Above the Midpoint
Every industry has a multiple range. In home services, it might be 2.5x–5.0x SDE. In manufacturing, 4.0x–7.0x EBITDA. In professional services, 3.0x–6.0x. The range is set by the market — by what buyers in aggregate are willing to pay for businesses in that sector. Where your business lands inside that range is set by you. […]
Owner Dependency: The Single Biggest Value Killer in Small Business Sales
Here is a question that most business owners have never honestly answered: If you disappeared from your business tomorrow — not gradually, not with a transition plan, but completely and immediately — what would happen? For most small business owners, the honest answer is uncomfortable. Revenue would drop because key customers buy from you personally. […]
How Customer Concentration Tanks a Valuation (And How to Fix It Before You Sell)
You’ve spent years building a business. Revenue is strong. Margins are healthy. You’re ready to sell. Then your broker runs the customer analysis and finds it: one customer accounts for 38% of your revenue. Maybe two customers together account for 55%. Suddenly the conversation changes. The multiple you expected starts shrinking. Your broker starts talking […]




