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3min chapter
449. A Path to Freedom with Codie Sanchez
The ONE Thing
Business Evaluation and Acquisitions Strategy
The chapter emphasizes the importance of treating your business as a business, focusing on tangible actions such as having a normalized profit and loss statement, historical tax returns, and seeking evaluation from a banker. It discusses the significance of acquiring businesses based on real profits and getting a third-party valuation for businesses with substantial revenues to make informed decisions.
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