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