Every Dollar You Spend Costs You 20 at the Closing Table | Joshua Gould (#102)
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WHY THIS MATTERS FOR LOGISTICS OWNERS
Joshua walked through a plumbing company with five trucks doing $5 million to show how this works. Normal multiple of four to five times cash flow. But if the owner answers every phone and does every quote, a buyer expects to lose half the revenue while fixed costs stay put, which can wipe out the profit entirely. The same math applies to a trucking company where the…
The skinny
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