Steps To Sold Podcast Episode 38: Product Vs Service Based Businesses
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Steps To Sold Podcast Episode 38: Product Vs Service Based Businesses
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In this episode, Brandon Bourgeois and Christopher Sater delve into the ongoing debate between service-based and product-based businesses, exploring the pros and cons of each model. They discuss the impact of AI and market changes on these business types, the importance of cash flow, operational challenges, and the significance of training and transition for buyers. The conversation also highlights the valuation multiples for both business types and the critical factors that influence a successful acquisition.
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