Joe Gitto Archives - Your ExitMap https://yourexitmap.com/category/joe-gitto/ Free Exit Planning Tools for Business Owners Fri, 13 Dec 2024 18:17:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://yourexitmap.com/wp-content/uploads/2026/03/cropped-Site-Icon-YEM-2-32x32.png Joe Gitto Archives - Your ExitMap https://yourexitmap.com/category/joe-gitto/ 32 32 122889523 20 Red Flags to Look Out for When Buying a Business https://yourexitmap.com/20-red-flags-to-look-out-for-when-buying-a-business/ https://yourexitmap.com/20-red-flags-to-look-out-for-when-buying-a-business/#respond Tue, 07 May 2024 14:08:44 +0000 https://yourexitmap.com/?p=8904 Buying a business is an opportunity to skip the growing pains of launching a startup. It’s a chance to start with a proven model with customers and cashflow. How can you tell if the prospective business is a genuine investment opportunity or a disguised escape route for a burnt-out owner? The following is a list of the top five things to consider when prospecting a business purchase – and some red flags for each category so you can recognize trouble a long way away. This list is no way exhaustive and there are many other issues to consider when buying a business. However, nailing these ... Read more

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]]> https://yourexitmap.com/20-red-flags-to-look-out-for-when-buying-a-business/feed/ 0 8904 How to Add Millions to The Value of Your Business – Using EBITDA Adjustments https://yourexitmap.com/how-to-add-millions-to-the-value-of-your-business-using-ebitda-adjustments/ https://yourexitmap.com/how-to-add-millions-to-the-value-of-your-business-using-ebitda-adjustments/#respond Wed, 13 Dec 2023 16:43:01 +0000 https://yourexitmap.com/?p=8591 As a 5-time entrepreneur who has helped several businesses increase their value, I know what it takes to run a successful business. If you’re trying to figure out what your business might be worth, it’s helpful to consider what acquirers are paying for companies like yours these days. According to Oberlo, the number of small businesses increased from 32.5 million in 2021 to 33.2 million in 2022. This trend shows no signs of slowing down as more and more people are taking their first steps into becoming an entrepreneur. In addition to new businesses, many boomer business owners will be heading into retirement within the ... Read more

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]]> https://yourexitmap.com/how-to-add-millions-to-the-value-of-your-business-using-ebitda-adjustments/feed/ 0 8591 Exit Strategies for Small Business Owners: A Summary Guide https://yourexitmap.com/exit-strategies-for-small-business-owners-a-summary-guide/ https://yourexitmap.com/exit-strategies-for-small-business-owners-a-summary-guide/#comments Fri, 18 Aug 2023 13:15:13 +0000 https://yourexitmap.com/?p=8209 There comes a time for everyone to move on from the business they’ve created– some happier reasons than others. But even if you’re just starting, having an exit strategy for your business will help prime you for success, rather than leaving value on the table when the time comes. This guide will walk you through the signs to sell, the basics of valuation, options for selling your business, and tips on adjusting to life after the sale. Before you are ready to sell, it’s important to walk through this process with an experienced exit planner. This will best prepare you, not just for selling your ... Read more

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