Jamie Lendway - The Reality Check: What is Your Business Really Worth?

Are you looking to sell your business or wondering what it’s actually worth? Or maybe you're an entrepreneur dreaming of purchasing a cash-flowing company? In this episode of the People Not Titles podcast, host Steve Kaempf sits down with Jamie Lendway, commercial lending veteran and founder of RetireBizOwner.com.With over a decade of experience financing hundreds of business acquisitions and commercial deals, Jamie pulls back the curtain on what it really takes to get a deal across the finish line. He shares a realistic look at how banks and third-party valuation companies assess a business's health, why cash flow is king, and how business owners can position themselves for a successful exit.In this episode, we discuss:The Reality of Business Valuation: Why 90% of business owners overestimate their company's value and how to align your expectations with market reality.Flipping the Script on Uncle Sam: How the financial reporting games you play to minimize taxes can hurt your valuation when it’s time to sell—and how to fix it.Clean Books & "Adbacks": The exact adjustments needed to clean up personal expenses from business financials before presenting a deal to a bank or buyer.Is a Business Actually Lendable?: How Jamie determines if a deal is realistic in just 5 to 10 minutes based on mathematical realities and debt service coverage ratios.The Buyer's Checklist: What serious buyers need to bring to the table (including experience, a clear plan, and financial statements) to prove they are the right fit for an acquisition.Why Business Acquisitions Fail: The primary reasons post-sale acquisitions go under, from making too many changes too quickly to misjudging required working capital.Whether you are a baby boomer looking to retire or an aspiring business owner looking for a legacy to carry on, this episode provides a no-nonsense guide to navigating the complex world of business brokerage and SBA lending.#BusinessAcquisition #SBALending #BusinessValuation #Entrepreneurship #Podcast #PeopleNotTitles #RetireBizer #CashFlow #BusinessBrokerageWebsite: http://peoplenottitles.com/ YouTube: https://www.youtube.com/@peoplenottitles/videosInstagram: https://www.instagram.com/peoplenottitles/ Linkedin: https://www.linkedin.com/in/stephen-kaempf-b66a8013/ X: https://x.com/sjkaempfSpotify : https://open.spotify.com/show/1uu5kTvBhxsbgjskQS1SXK