Ep 233 Using Profit First to Increase Business Value with Marty Fahncke
Episode description
Using Profit First to Increase Business Value with Marty Fahncke
In this episode, we sit down with Marty M. Fahncke, a world-class marketer and seasoned expert in growing and scaling businesses. With over 30 years of experience, Marty has been instrumental in helping companies achieve over $1 billion in revenue. He also brings over two decades of expertise in Mergers and Acquisitions, having executed transactions worth more than $450 million. Marty shares insights from his vast experience in the business world, discussing the strategies behind scaling successful enterprises and navigating the complex landscape of M&A.
In this episode, you will learn the following:
- Acquisition can quickly double or even quadruple your revenue compared to organic sales growth.
- Importance of having organized and accurate financial records for maximizing the value of a business.
- Using a standardized business operating system, such as EOS or Scaling Up, can make your business more efficient and easier to sell.
- Transitioning to a subscription-based revenue model can significantly enhance the value of a business, as recurring revenue is more stable and predictable.
- Implementing effective systems and processes in reducing owner dependency.
Links:
https://www.westboundroad.com/
Hi, I'm the Profit Answer Man Rocky Lalvani!
I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz
Sign up to be notified when the next cohort of the Profit First Experience Course is available!
Check out our website: http://profitcomesfirst.com/
Questions: [email protected]
Email: [email protected]
Relay Bank (affiliate link) - https://relayfi.com/?referralcode=profitcomesfirst
Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/
My podcast about living a richer more meaningful life: http://richersoul.com/
Profit First Toolkit: click here to sign up
Music provided by Junan from Junan Podcast
Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.
#profitfirst