Here’s a clip from our recent Restoration Rundown podcast with Gokul Padmanabhan (Restoration Brokers of America) where he talks about looking at your restoration business from an investors point of view. If you are looking to “exit” your business one day you have to get your ducks in a row.
“Highest level of it is becoming an investor. And when you start looking at your business as an investor, whether it’s a small business or a big business, everything on how you look at it changes. And you put the right KPIs in place and the business starts to grow, right? So one of the big reasons, private equity, there’s a lot of action on private equity.
A lot of people say good things, bad things, I’m, I’m not judging. But here’s what I’m trying to say. The reason private equity can take a company that’s 30 years old and take it, put it on a rocket ship, is they got a seven year horizon, most of them. Correct? So with a seven year horizon, they look at it as an investment and they gotta say, within seven years, I’ve gotta achieve certain ROIs or whatever their benchmarks are to be able to then unload it and then cash in for their investors. So that compressed timeframe and an exit that’s coming up in four to seven years, brings everything in clarity.”
Here’s a replay of the full interview with Gokul https://ironcladrestorationmarketing.com/replay-how-when-why-to-sell-your-restoration-business-w-gokul-restoration-brokers-of-america/
Follow Restoration Brokers of America:
📌 https://sellmyrestorationbusiness.com/
📌 https://www.instagram.com/restorationbrokersofamerica/
📌 https://www.linkedin.com/company/sell-my-restoration-business/
📌 https://www.facebook.com/RBASells
If you want a FREE video analysis of your website and Google Business profile to see where you may be missing opportunities to generate more leads then just click on the link below to schedule a FREE strategy session today. https://ironcladrestorationmarketing.com/get-started/
Call Us: 855-976-3759 ☎️
Download “The Ultimate Restoration Business Internet Marketing Checklist” for FREE https://lp.ironcladrestorationmarketing.com/checklist-offer
To Listen to any of our podcast episodes click below:
YOUTUBE👉 https://www.youtube.com/channel/UCshIPG8SIF5ctTDcvSbOADw
Spotify👉 open.spotify.com/show/2Dv2dN86o0VMh2hk9nikhO
Apple Podcasts👉 http://podcasts.apple.com/…/restoration…/id1601823477
#restorationcontractor #restorationservices #waterdamage #mold #iicrc #waterfiremold #moldremediation #firedamagerestoration #waterdamagerestoration #moldtesting #marketing #SEO #digitalmarketing #webdesign
Benjamin Ricciardi is the founder of Ironclad Restoration Marketing, A digital marketing agency that specializes in the Restoration and Cleaning industry based in South Florida. Benjamin is the author of The No Bulls**t Guide to Internet Marketing for Restoration Contractors and hosts The Restoration Rundown Podcast, a podcast that is focused on everything related to marketing and owning a Restoration and Cleaning Business. Connect with Benjamin and Ironclad Restoration Marketing on social media for the latest tips and tricks on how to grow your Restoration Business.