On this episode of Advisor Skinny, Mike Walters talks about EBITDA (earnings before interest, taxes, depreciation, and amortization). What is it, why it’s important and how it’s the more accurate benchmark in determining the value of a business.
Show Notes & References
Mind the Gap is the second season of the Advisor Skinny podcast. This season Mike dives in to the topic of business valuation. While there are many ways to get to a valuation estimate, the real challenge (and subsequent reward) is to bridge the gaps that will increase the value of your enterprise. As a part of our ongoing coaching and consulting with advisors, USA Financial uses this series as another business building educational resource to help communicate and train advisors on a variety of entrepreneurial topics.