Blog

Before You Sell Your Restoration Business You May Need To Repair Your Bottom Line.

Repair your bottom line
When potential buyers consider purchasing your restoration business, the first thing they look at is your profitability. That’s why it’s vital to implement a strategic plan to increase your bottom line before it’s time to sell. Let’s take a look at the facts:

  • Restoration vendors who utilize a strategic plan can become as much as 35% more profitable.
  • Achieving a 1% increase in efficiency can result in a 5% increase in profits.
  • Eliminating 5% of your overhead costs can double net profits.

This is where we come in. Our profit-growing strategies put the focus on production efficiency, cost reduction, plus management and operational effectiveness. Even better, our experience in the restoration industry enables us to develop a strategic plan to quickly improve your bottom line and make your business more attractive to potential buyers.

If you are thinking about selling down the line, it is crucial that you look at your bottom line. Is your business showing your true profitabiltiy. Is there anything you change to make it better? Have you consulted outside of your business of how you can improve so that you get top dollar? This is a great plae to start.

Topics: value

Gokul Padmanabhan

Written by Gokul Padmanabhan

Gokul Padmanabhan has devoted the past 15 years to buying and selling businesses, much of that in the restoration industry. His partnership with RESCON Business Brokers strengthens his hands-on expertise with a national presence and infrastructure that is second to none.

Comments: