Do you own a job or a business? Many entrepreneurs don't recognize the difference between the two. If you are a businessman, it is essential to know how your company performs if you're physically there and if you're not. Listen to the podcast, watch the video, or read the transcript below. Additional Videos From Freedom Factory Strategies for Getting Your Company Ready to Sell How are Brokers Different from Investment Bankers?
Transcript of Podcast Hi, Robert Hirsch here from Freedom Factory, and one of the most frequent questions we get is, can I sell my business? And the answer is always yes. It just depends on what's the price. And if you own a job, it's very difficult to sell. And the multiple is usually one or less. And if you don't know whether you own a job or you own a business, there's a really easy litmus test to find out.
The good news. If you own a job, you can transition it to a business pretty easily. What you want to do is build your operations manual, your systems, your processes, and your team to get yourself out of the traditional workflow. So you're working on your business and not in it. If you need any help with processes like this, just give us a call at Freedom Factory. Thank you so much for watching. Please hit like and subscribe and we'll see you soon. Contact Freedom FactoryFreedom Factory Also, Follow Freedom Factory here Freedom Factory - Best Business Brokers - video portfolio Follow Freedom Factory us on Twitter Connect with Freedom Factory on Linkedin Freedom Factory Youtube Channel Available on Youtube: Freedom Factory Managing PartnersLearn more about the managing partners, Tyler Tysdal, and Robert Hirsch. from http://freedomfactory.libsyn.com/key-difference-between-owning-a-business-and-owning-a-job
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