371: Learn What Your Roofing Business Is Worth To A Private Equity Group with Greg DeSimone

The Roofer Show

15-03-2024 • 1 hr 6 mins

Do you think your business is worth millions of dollars? You’re going to want to tune in to this episode as Dave and John have a great interview with Greg DeSimone of Catapult Advisory Group. We’re talking all things private equity. If you think your business is worth a fortune, tune in to find out if you have any REAL value…or if you're just going to end up closing the doors and walking away with nothing, like most contractors. Join us to hear more!

What you’ll hear in this episode:


  • The importance of having W-2 employees in private equity investments
  • Importance of aligning your “why” with your business
  • Finding your purpose after selling your business
  • Having a strategic plan in place to maximize business value and financial security
  • Building a business with transferability in mind
  • Importance of reputation and scalability
  • Private equity firms investing in reliable businesses with great cash flow, streamlining processes
  • The need for companies to comply with legal regulations
  • Accurate financial statements showing trends over time
  • Holy trinity of valuation: growing a business, profitable bottom line, proper processes
  • Importance of EBITDA (Earnings before interest, taxes, depreciation, amortization)
  • Business franchise model
  • Coaching and masterminds for business owners and entrepreneurs


Resources


Set up a FREE strategy call with Dave and get a few tips on how you can improve your business: https://davesullivan.as.me/free-strategy-call


Interested in learning more about our 1-on-1 coaching, our mastermind groups, or our fractional professional services? Email me at dave@theroofercoach.com. or send me a text at (510) 612-1450.


No Plan? No problem. Download our FREE 1-Page Business Plan For Roofing Contractors https://theroofershow.com/plan.


Vetted Sponsors Of The Roofer Show


Have RUBY answer your phones and tee up the sale by leaving a great first impression. Use this link to get up to $150 off your first month’s service: http://get.ruby.com/theroofercoach.


Automate your Follow-Up and close more sales with PROLINE. Get started for FREE at https://useproline.com/. Use promo code “Dave50” for $50 off your first month’s service!


Connect with Greg DeSimone


LinkedIN


Catapult Advisory Group


Mentioned in this episode:

SMA Support Ad

Tired of spending all your time working in your business instead of on your business? SMA Support can be a game changer to get you back to running your business! They can give you an in house sales person, project manager, or customer support person, so you can focus on what you do best. Check them out at the link below and tell them Dave