by George Sotiropoulos | Sep 9, 2024 | Uncategorized
Last night my heart stopped when I walked past the residence parking before going to my front door.Our parking slot was empty?It was 8:30 pm and I sat there wondering where did my wife go with the kids?I took out my phone and called her.No reply.Where could she...
by George Sotiropoulos | Sep 6, 2024 | Business Value, Dependency on Owner
Hi,As a business owner are you taking this weekend off?I mean no checking emails, no follow up notes, no spending any time on a computer or the mobile when it comes to your business.I mean spending the entire weekend with your familyOr indulging in your favourite...
by George Sotiropoulos | Sep 5, 2024 | Business Value, Dependency on Owner
Hi,Can you imagine finding out your business is worth less than the cup of coffee you had this morning?Sounds crazy, right?But for many business owners, this could be a harsh reality. You might be pouring time, money, and energy into something that, on paper, won’t be...
by George Sotiropoulos | Sep 4, 2024 | Business Value, Dependency on Owner
Frank owns a service business that he built over 10 years into a 7-figure business.Married with kids things were thriving as he turned 40.He had education funds set up for his children, life insurance, and the whole nine yards.His wife, Sally, who was in her early...
by George Sotiropoulos | Sep 3, 2024 | Business Value, Dependency on Owner
“So my accountant tells me companies in my industry go for 8x the net. That means I can probably retire in the next 12-18 months.I’m profitable and the business has treated me well.. Heck paid for my three kids and their schoolingSo tell me how much do you think I’ll...