Patrick Lange, Business Broker at Business Modification Group joined Tycoons to talk about his successful career in selling businesses. He specializes in selling HVAC businesses under 10 million. Patrick educates us about the importance of having a niche and not trying to do all and be all, but direct your expertise and skill set into a specific area/industry. Patrick gives us 3 things to consider when selling your business: 1.) What’s it worth 2.) What do you need it to be to sell 3.) Clean up your books.
Once you tune in and listen to Patrick’s entrepreneurial successes you won’t be surprised to learn that Patrick is considered an expert in the field of business brokerage having earned multiple awards for transactions and dollar volume of businesses sold.