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How Michael Built & Sold Simpledata in 18 Months

By Jamie Toyne

A couple of days after Christmas in 2016 I stepped into the Elk Run Lodge atop Vail Mountain and answered one of the most important calls of my life. Over the last 6 months, I had talked to a dozen people interested in buying my business. Finally we had a deal on…

Seller’s Discretionary Earnings: What It Is and How It Works

By Jamie Toyne

While the name may imply that this concept is only for the seller, Seller’s Discretionary Earnings is actually just a big term for a simple idea: It’s how much true cash (profit) the owner receives from their business. This number is used to set the price for a business. So, let’s say…

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