Apex Business Advisors have helped entrepreneurs and would-be entrepreneurs successfully complete hundreds of business acquisitions in the nearly 25-year history of the company. On this podcast, they will take you through the art of business brokering.
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Apex Business Advisors have helped entrepreneurs and would-be entrepreneurs successfully complete hundreds of business acquisitions in the nearly 25-year history of the company. On this podcast, they will take you through the art of business brokering.
In this episode of the Apex Business Advisors podcast, Andy and Doug discuss the complications that arise when business owners mix personal expenses with company finances. The episode sheds light on the impact of excessive personal add backs, a common issue in the business sales process, and how it affects potential deals.
Listeners will gain insight into a current case where a business is facing valuation challenges due to high personal expenses run through the company. With banks increasingly scrutinizing such practices, the episode underscores the importance of transparency and clean books for successful business transactions. Andy and Doug also discuss solutions like formal valuations and offer advice to business owners on cleaning up financial records for future sales.
The Apex Business Advisors Podcast
Apex Business Advisors have helped entrepreneurs and would-be entrepreneurs successfully complete hundreds of business acquisitions in the nearly 25-year history of the company. On this podcast, they will take you through the art of business brokering.
