This episode is a re-run. It was originally published in May 2024.

Only 1% of construction companies can actually be sold for real money. The rest? They either can’t sell at all or get stuck in low-value exits that tie the owner up for years. In this episode, we break down the 4 things that make your business truly sellable — including how to build a company that runs without you, what buyers really want to see, and why preparing to sell (even if you don’t) makes you more profitable and gives you your time back. If you’ve ever dreamed of selling your business or just want more freedom, this one’s for you. Tune in now!

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Timestamps:

(1:17) - What are the things that construction companies don't work on that if they worked on, it would make their business far more sellable

(3:07) - Even though you're prepared to sell, you don't have to sell

(4:24) - We want to be prepared for sale to get the highest value exit when it happens

(5:42) - When you're trying to build a bigger business, they want to see a business that runs without you

(6:28) - Are my staff going to be looked after? Are they going to keep the people?

DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.

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Why Your Construction Company Is Unsellable (And What To Do About It) [#ThrowbackThursday] | Ep. 403

Construction Secrets

Why Your Construction Company Is Unsellable (And What To Do About It) [#ThrowbackThursday] | Ep. 403