Dec 5, 2019
After spending 35 years building, buying and selling businesses, Clinton Lee now advises owners of UK businesses who want to extract the value they’ve got locked up in their businesses.
“I advise them to start with an exit plan. Ideally, at least two or three years before they take their business to market.”
– Clinton Lee
Go to www.3xvaluegrowth.com/model
Episode Takeaway: How do you value a business according to Clinton Lee
Many business owners want to start with the value. They want to have a figure there, it makes them feel comfortable, it gives them some sort of reassurance. But I believe it’s completely the wrong thing to do.
Because what you’re coming up with is a theoretical number, and buyers don’t care about that.
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