When buying a business, understanding financial terms is key. Sara explains the difference between Seller's Discretionary Earnings (SDE) and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Knowing who the buyer is determines which metric to use. The difference between a good deal and a bad one starts here → https://youtu.be/TYUlh5g2lRo Want to buy a business without guessing? Get the free step-by-step video course private Skool community from a broker who’s closed 600 d

What to know about changes to Tim Hortons, Starbucks loyalty programs

Businesses are sold based on a multiple of earnings(EBITDA). EBITDA is Earnings Before Interest Taxes Depreciation & Amortization. Growing and selling a business is a fast path to creating real wealth. Want to get rich af? Learn this sh*t. | Eric Spofford