367: How to build a valuable business that sell - Part 1
The Sweaty Startup
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Valuing Different Types of Businesses
This chapter explores the factors that contribute to the value of different businesses, comparing the high value of owning a large apartment building with the lower value of a plumbing business. It emphasizes the importance of location, customer base, cash flow, real estate value, competitive advantage, a recognizable brand, returning customers, and a capable management team.
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