THE

$ELL MY BUSINESS

PODCAST

Former Investment Banker Now Virtual CFO Daryl Ching On How To Maximize EBITDA For Your Liquidity Event

"You can be whatever you want to be." - Daryl Ching

Daryl Ching is the founder of Vistance Capital Advisory and an expert in structured finance. He has made numerous appearances on the Business News Network and has been quoted in major newspapers and magazines. 

Daryl has over 10 years of experience in investment banking, primarily at RBC Capital Markets, and spent another 10 years working in an executive capacity, operating small businesses, raising over $50 million in equity and debt financing.

Daryl has worked in almost every facet of the financial world, gaining valuable knowledge and insights, which he now brings to the table to benefit his clients. 

Daryl also served on the investment committee of Maple Leaf Angels for over a year.

The Sell My Business Podcast is brought to you by Deep Wealth.

The Deep Wealth Experience has you learn the 9-steps of preparation in 90-days. At the end of the 90-days, you have a blueprint for optimizing the value of your business. You also enjoy the certainty that you capture the maximum value.

SHOW NOTES

  • How Daryl's background as an investment background gives him an edge as a CFO
  • Daryl discusses the areas that most business owners overlook on the financial side
  • The downsides of not having a CFO help you in your business
  • How a virtual CFO service gives you access to top talent without the hefty costs
  • Why it's important to have your financial reports ready in advance of a liquidity event
  • How a CFO can help you in your business even if you're not having a liquidity event
  • What Daryl does to have a business more attractive to a buyer
  • The importance of succession planning
  • How Daryl's buy-side experience helps business owners with their liquidity event
  • Overlooked items in financial due diligence that you need to know
  • The importance of a business running without the owner
  • Why it's important to reduce EBITDA adjustments before your liquidity event
  • How a buyer views EBITDA adjustments and why this can hurt your liquidity event
  • Why you need a track record of at least two years of financial history
  • The importance of removing any room for interpretation with financial statements
  • Why business owners need to be upfront with buyers about EBITDA adjustments
  • Tax implications of keeping a business or selling a business and what you need to know
  • The bitter pill every business owner must swallow when selling a business
  • How deficiencies in your financial statements can cost you the deal
  • Daryl discusses the state of the market amidst the coronavirus
  • What you can do to position yourself for success well in advance of your liquidity event
  • How to seamlessly integrate a virtual CFO into your operation

This podcast is brought to you by Deep Wealth. Are you thinking about a liquidity event? You have one chance to get it right, and you better make it count. The 90-day Deep Wealth Experience gives you the certainty to capture your maximum value. You'll master the 9-steps of preparation we created for our 9-figure exit. 

Click here to book your free call. Learn about the 9-Step Roadmap and how you can capture the maximum value on your liquidity event.

Enjoy the interview!

SELECTED LINKS FOR THIS EPISODE

The Vistance Capital Website

Daryl Ching On LinkedIn

The Deep Wealth Experience

Book Your FREE Deep Wealth Exit Call

This episode is brought to you by the Deep Wealth Experience. In the world of mergers and acquisitions, 90% of deals fail. Of the successful deals, business owners leave millions of dollars on the deal table.

Who are we, and how do we know? We're the 9-figure exit guys. We said "no" to a 7-figure offer. Two years later, we said "yes" to a 9-figure offer. In the process, we increased the value of our company by 10X.

During our liquidity event journey, we created a 9-step preparation process. It's the quality and depth of your preparation that increases your business value.

After our 9-figure exit, we committed ourselves to level the playing field. The Deep Wealth Experience helps you create a launch plan in 90-days. Our solution is resilient, relentless, and gets results. Enjoy the certainty that you'll capture the maximum value on your liquidity event.

Click here to book your free call. Learn about the 9-Step Roadmap and how you can capture the maximum value on your liquidity event.


This podcast is brought to you by the Deep Wealth Experience. In the world of mergers and acquisitions, 90% of deals fail. Of the successful deals, business owners leave millions of dollars on the deal table.

Who are we and how do we know? We're the 9-figure exit guys. We said "no" to a 7-figure offer based on 3-times, EBITDA. Two years later, we said "yes" to a 9-figure offer based on 13-times EBITDA.  In the process we increased the value of our company 10X.

During our liquidity event journey, we created a 9-step preparation process. It's the quality and depth of your preparation that increases your business value.

After our 9-figure exit we committed ourselves to leveling the playing field. The Deep Wealth Experience helps you create a launch plan in 90-days. Our solution is resilient, relentless, and gets results. Enjoy the certainty that you'll capture the maximum value on your liquidity event.

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