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Podcast: Business Buying Strategies from The Dealmaker's Academy
Episode: Recurring revenue models
Description: When you're buying a business, one of the first things you want to know is how you can add value to it. How can you buy a business, improve it and then sell it on for a 6 or 7-figure payday. The first place to look for clues is in the balance sheet. You see, if you know that a typical business in your sector makes 20% EBITDA then this can instantly highlight an underperforming business. If you're looking to buy a £1 million business and it should have a 20% EBITDA. Then you expect to see £200K...