Episode 195: Selling a Business vs Selling a Route - Business Tip of the Month with Chad Nikkel of National Pool Partners

Published: April 4, 2022, 8 a.m.

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Episode Summary:\\xa0

In today\\u2019s edition of Business Tip of the Month, we\\u2019re joined by Chad Nikkel, Regional President of NPP AZ & NV.\\xa0

Listen in as Chad highlights the major differences between selling a business versus selling a route, how to drive the value of your business higher, and explains the EBITDA valuation method.\\xa0

He also shares why you need to make sure your pricing is current and future-proof, and how to vet employees and ensure they are organized.\\xa0

Topics Discussed:\\xa0

  • 01:45 - Selling a business vs selling a route\\xa0
  • 03:12 - The EBITDA valuation method\\xa0
  • 07:01 - Importance of business name reflecting services\\xa0
  • 10:27 - Bringing in different vehicles for your fleet\\xa0
  • 12:55 - Vetting employees\\xa0
  • 16:10 - Driving the value of your pool business higher\\xa0

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