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Tip #066 Hmm, not really sure why we do it that way…

Operations Manual

Many businesses have systems that have been in place for a long time. And some of those systems are outdated and costly.  And if you ask the business owners why they do things that way, the answer might be “well, it made perfect sense at the time” or “I don’t remember why”!  During the planning process before putting their company on the market, business owners should review all their systems to make sure they are updated, productive and cost-effective. Showing well-run systems can make a real difference in perceived value of the business.

Average Multiples By Deal Size Q1 2020-2024

Average Multiples By Deal Size 2021-2024