(Part 1) Making Businesses More Valuable - Buying and Selling Business Advice for Entrepreneurs

(Part 1) If you’re thinking about selling your business and want to know how to make your business more valuable, or if you’re looking to buy a business, this video series is for you! Tune in as I speak with M&A Expert and Founder and President of Mastery Partners, LLC, Tom Bronson, to talk about how eCommerce entrepreneurs and digital and technology-based companies can increase the value of their company. In this video, we discuss the importance of requiring monthly financial statements early in the month, along with tips for preparing financial statements for transitions, as well as reviewing your gross or net profitability per customer and/or SKU. We also share a few stories and examples that relate to and reinforce these pieces of advice.

⏩ Skip Ahead:
0:00:43 Introducing Tom Bronson
0:02:10 Requiring monthly financial statements by the 15th + Tips for preparing financial statements
0:10:00 The most important parts of your financials are the Profit & Loss and Balance Sheet
0:13:48 Reviewing your gross or net profitability per customer and/or SKU


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▶️ Other videos:
• What Buyers Value and What Are Red Flags - Buying and Selling Business Advice for Entrepreneurs: https://youtu.be/vekXZ4gxQuU
• How Online Businesses Are Valued - Buying and Selling Business Advice for Entrepreneurs: https://youtu.be/g8Ziupb-BsE

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