A resilient business has the strategic capacity to do well in good times and bad — and the more resilient a business is, the more valuable it becomes.
“Business value is calculated based on how confident a buyer is that the business is going to be able to generate revenue, cash flow, profit and growth in the future. That confidence is elevated when a business has done the things that it takes to be a resilient business,” said George Sandmann, founder and CEO of Growth Drive LLC.
“A business…
