E26 - Selling Your Contracting Business - The Ultimate Step by Step Guide

from Beers With Contractors · host Beers with Contractors

In this episode of Beers with Contractors, hosts Will and Dillon dive into the intricate process of selling a contracting business. They share their firsthand experience, discussing strategies for assessing the value of your company, managing debt, and navigating the complex world of LOIs, due diligence, taxes, and more. The episode also features a lighthearted segment filled with dad jokes, making for both an informative and entertaining session. Tune in to learn how to prepare your business for sale and ensure a smooth transition, while also catching some laughs along the way. Happy Father's Day to all contractors! 00:00 Introduction 00:42 Father's Day and Dueling Dad Jokes 08:55 Starting and Growing a Contracting Business 15:41 The Decision to Sell your Business 23:13 The Due Diligence Process 28:39 Understanding Business Valuation 32:43 Negotiating the Sale 46:38 Post-Sale Reflections and Advice 57:28 Conclusion The Worker Incentive Program that Contractors Love! - Per4mance Software http://unisonworx.com/per4mance Unison is Workforce Management Software for the Construction Industry Learn more at [https://unisonworx.com/industries/constructionn](https://unisonworx.com/industries/construction)

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How long is this episode of Beers With Contractors?

This episode is 58 minutes long.

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This episode was published on June 13, 2024.

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