E247: Why Accurate Financials are Key to Success in Buying, Selling, and Valuing Businesses

How2Exit: Buy, Don't Build - M&A of Small Businesses

Watch Here: https://youtu.be/bzKgIMO1E9A
About the Guest(s):
Ryan Hutchins is an accomplished entrepreneur and expert in the field of mergers and acquisitions. With a background in finance and accounting from his time at Deloitte, Ryan has built his expertise in business valuation. He is the founder of Peak Business Valuation, a firm dedicated to providing independent third-party valuation services for SBA lenders and individuals. Under his leadership, the company has grown exponentially, conducting over 1,400 valuations annually. In addition to his role at Peak Business Valuation, Ryan is an active acquisition entrepreneur, with investments in various sectors, including water softener installation, concrete contracting, striping, plumbing, baking, and pizza franchises.
Summary:
Join Ronald Skelton on the How2Exit podcast as he chats with Ryan Hutchins, an expert in business valuation and mergers and acquisitions. Ryan shares his journey from corporate finance to owning multiple businesses, diving into the details of valuing companies and acquiring profitable ventures. He discusses key valuation strategies, personal experiences, and lessons learned, offering actionable advice for anyone interested in M&A and business valuations.
Key Takeaways:

• There are three primary approaches to valuing businesses: the market approach and the income approach are the most common in private companies.
• Financial cleanliness is crucial for accurate business valuation, and it can heavily influence perceived risk and business attractiveness.
• Investing in businesses requires careful assessment, as external and internal factors can significantly impact success.
• The entrepreneurial journey often involves identifying opportunities where others might not, and using risk appetite as a guide.
• Regular and detailed bookkeeping is essential for business success, impacting decisions and facilitating smoother transactions.

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Contact Ryan on
Linkedin: https://www.linkedin.com/in/ryan-hutchins-abv-am-cmea-peakbusinessvaluation/
Website: http://peakbusinessvaluation.com/
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How2Exit Joins IT ExchangeNet's Channel Partner Network!
Have an IT Company doing between $5M and $30M You may Sell?
The IT ExchangeNet M&A Marketplace @Ronald Skelton - How2Exit Host has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms and channel partners in the Microsoft, Oracle, ServiceNow and Salesforce space.
If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.
https://www.itexchangenet.com/marketplace-how2exit
Our partnership with IT ExchangeNet focuses on deals above $5M in value.
If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.
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Don't forget to watch 📽 Our other videos. Please check them out :
▶️E135: Sam Rosati On His Journey From Being A Lawyer To Becoming An Entrepreneur In The ETA Space - https://youtu.be/D2qJOidptRA
▶️E100: CEO Of Flippa Blake Hutchison Discusses Innovations In Buying And Selling Digital Assets - https://youtu.be/R1D5guQU9Z0
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