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How to Plug Profit Leaks Before a Buyer Finds Them | 905

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Manage episode 501337991 series 2834919
Content provided by Dave Lorenzo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dave Lorenzo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this episode of The Inside BS Show, Dave Lorenzo reveals the three most common profit leaks buyers look for when evaluating your business. If you don’t fix them now, buyers will not only discount their offers but also pocket the profit you should have been taking home.

Key Topics Discussed

  • Why buyers love finding profit leaks: How small oversights give them ammunition to lower your price.
  • Audit your expenses: Identifying waste like unused software, overstaffing, idle equipment, and unnecessary leases.
  • Tighten billing and collections: Why slow invoicing and overdue receivables kill value and how to slash your days sales outstanding.
  • Review warranty and service policies: How mismanagement and abuse of contracts eat away at your margins.
  • Why fixing these leaks now matters: Extra profit before the sale plus stronger buyer perception.
  • The bigger picture: How signaling strong management boosts value and positions you as a disciplined operator.

Links and Resources

Call to Action

Don’t sell your business until we talk. Dave Lorenzo will help you uncover and fix every profit leak so you walk away with maximum value when it’s time to sell.

  continue reading

908 episodes

Artwork
iconShare
 
Manage episode 501337991 series 2834919
Content provided by Dave Lorenzo. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dave Lorenzo or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this episode of The Inside BS Show, Dave Lorenzo reveals the three most common profit leaks buyers look for when evaluating your business. If you don’t fix them now, buyers will not only discount their offers but also pocket the profit you should have been taking home.

Key Topics Discussed

  • Why buyers love finding profit leaks: How small oversights give them ammunition to lower your price.
  • Audit your expenses: Identifying waste like unused software, overstaffing, idle equipment, and unnecessary leases.
  • Tighten billing and collections: Why slow invoicing and overdue receivables kill value and how to slash your days sales outstanding.
  • Review warranty and service policies: How mismanagement and abuse of contracts eat away at your margins.
  • Why fixing these leaks now matters: Extra profit before the sale plus stronger buyer perception.
  • The bigger picture: How signaling strong management boosts value and positions you as a disciplined operator.

Links and Resources

Call to Action

Don’t sell your business until we talk. Dave Lorenzo will help you uncover and fix every profit leak so you walk away with maximum value when it’s time to sell.

  continue reading

908 episodes

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