Two-Minute Selling Tips Gokul Padmanabhan is a leading broker in the restoration industry. He has helped facilitate hundreds of mergers and transactions of restoration companies nationwide, and knows a lot about the current M&A landscape in the property damage restoration industry. In this new video column, Gokul will be regularly delivering two-minute selling tips, answering some of the hottest questions on the minds of contractors today.

Have a question for Gokul he can answer on a future video? Email him at: gokul@restorationbrokersofamerica.com

]]> https://www.randrmagonline.com/rss/4609-two-minute-selling-tips en-us Don't Make This Mistake When Selling Your Restoration Business This week, we're revisiting the number-one mistake owners make when selling their restoration business. RBA Founder and CEO, Gokul Padmanabhan walks through the mistake that is costing you as you prepare to sell your business and plan a successful exit strategy.

]]> http://www.randrmagonline.com/articles/90072 Wed, 06 Apr 2022 09:00:00 -0400 https://www.randrmagonline.com/articles/90072-dont-make-this-mistake-when-selling-your-restoration-business Prepare Your Restoration Business for Sale With These 6 Key Drivers In anticipation of the new edition of his book, “Why, When, & How to Sell Your Restoration Business,” Gokul Padmanabhan revisits the six drivers to preparing your business for sale. 

]]> http://www.randrmagonline.com/articles/90036 Wed, 23 Mar 2022 09:00:00 -0400 https://www.randrmagonline.com/articles/90036-prepare-your-restoration-business-for-sale-with-these-6-key-drivers Restoration Transaction Lesson 7: Leverage In part seven of the “7 Lessons Learned from $500 Million in Restoration Transactions” series, Gokul Padmanabhan, CEO of Restoration Brokers of America, discusses the importance of leverage in maximizing the sale of your business. “Once the LOI is done, the leverage transfers over to the buyer and comes away from you,” he says. 

]]> http://www.randrmagonline.com/articles/90021 Thu, 10 Mar 2022 09:00:00 -0500 https://www.randrmagonline.com/articles/90021-restoration-transaction-lesson-7-leverage Restoration Transaction Lesson 6: Strategic Buyers In part six of the 7 Lessons Learned from $500 Million in Restoration Transactions series, Gokul Padmanabhan discusses the power of a strategic buyer who looks beyond your financial statements to the full potential of your business.

]]> http://www.randrmagonline.com/articles/89990 Thu, 24 Feb 2022 09:00:00 -0500 https://www.randrmagonline.com/articles/89990-restoration-transaction-lesson-6-strategic-buyers Restoration Transaction Lesson 5: The Letter of Intent In part five of the "7 Lessons Learned from $500 Million in Restoration Transactions" series, Gokul Padmanabhan discusses the letter of intent, must-have clauses and how to ensure your exclusive agreement with the buyer leads to a favorable transaction.

]]> http://www.randrmagonline.com/articles/89958 Thu, 10 Feb 2022 09:00:00 -0500 https://www.randrmagonline.com/articles/89958-restoration-transaction-lesson-5-the-letter-of-intent Why Time Is Not Your Friend When Selling a Restoration Business Gokul Padmanabhan unpacks one of the key lessons he has learned over 15 years and $500 million in restoration business transactions. He explores time and how important it is in getting a deal done. "Time is not your friend," Padmanabhan says. He also overviews six additional lessons he has learned about restoration transactions. 

]]> http://www.randrmagonline.com/articles/89931 Wed, 26 Jan 2022 09:00:00 -0500 https://www.randrmagonline.com/articles/89931-why-time-is-not-your-friend-when-selling-a-restoration-business Restoration Transaction Lesson 4: The Important Parts of the Deal In this installment of “7 Lessons Learned from $500 Million in Restoration Transactions,” Gokul talks about identifying what is important and understanding the leverage you have as you sell your business.

]]> http://www.randrmagonline.com/articles/89894 Wed, 12 Jan 2022 09:00:00 -0500 https://www.randrmagonline.com/articles/89894-restoration-transaction-lesson-4-the-important-parts-of-the-deal The Most Common Mistake Owners Make in Selling Their Restoration Business In a repeat of our hot-topic video, "The #1 Mistake Owners Make in Selling a Business," industry expert Gokul Padmanabhan lays out the primary mistake costing owners as they plan their exit strategy.

]]> http://www.randrmagonline.com/articles/89851 Thu, 23 Dec 2021 09:00:00 -0500 https://www.randrmagonline.com/articles/89851-the-most-common-mistake-owners-make-in-selling-their-restoration-business Restoration Transaction Lesson 3: Due Diligence In the third installment of Seven Lessons Learned from $500 Million in Restoration Transactions, Gokul Padmanabhan discusses the important information required to complete the extensive process of due diligence.

]]> http://www.randrmagonline.com/articles/89814 Thu, 09 Dec 2021 09:00:00 -0500 https://www.randrmagonline.com/articles/89814-restoration-transaction-lesson-3-due-diligence Restoration Transaction Lesson 2: Competition is Key In his second video in the series, Seven Lessons Learned from $500 Million in Restoration Transactions, industry expert Gokul Padmanabhan discusses the importance of competition in getting the best terms and price for your restoration business.

]]> http://www.randrmagonline.com/articles/89775 Wed, 24 Nov 2021 09:15:00 -0500 https://www.randrmagonline.com/articles/89775-lesson-2-competition-is-key 7 Lessons From $500M in Restoration Transactions In his new series, Gokul Padmanabhan reviews seven important takeaways from over 14 years and $500 Million sold in the restoration space. Here he overviews all seven lessons and dives into lesson one, “time is not your friend.”

]]> http://www.randrmagonline.com/articles/89732 Wed, 10 Nov 2021 09:00:00 -0500 https://www.randrmagonline.com/articles/89732-7-lessons-from-500m-in-restoration-transactions Red Flags That It's Time for an Exit Strategy http://www.randrmagonline.com/articles/89677 Tue, 19 Oct 2021 10:00:00 -0400 https://www.randrmagonline.com/articles/89677-red-flags-that-its-time-for-an-exit-strategy What Is the Best Way to Make My Business More Attractive to a Buyer? Restoration M&A expert Gokul Padmanabhan answers one of the most-asked questions he receives.

]]> http://www.randrmagonline.com/articles/89652 Tue, 05 Oct 2021 13:00:00 -0400 https://www.randrmagonline.com/articles/89652-what-is-the-best-way-to-make-my-business-more-attractive-to-a-buyer Preparing to Sell Driver #6: Remove Yourself From Daily Operations Restoration M&A expert Gokul Padmanabhan discusses the final of his six value drivers to preparing your business for sale: removing yourself from the day-to-day operations.

]]> http://www.randrmagonline.com/articles/89603 Wed, 22 Sep 2021 09:00:00 -0400 https://www.randrmagonline.com/articles/89603-preparing-to-sell-driver-6-remove-yourself-from-daily-operations Preparing to Sell Driver #5: Customer Satisfaction The importance of collecting your customer reviews and monitoring customer satisfaction.

]]> http://www.randrmagonline.com/articles/89575 Fri, 03 Sep 2021 15:00:00 -0400 https://www.randrmagonline.com/articles/89575-preparing-to-sell-driver-5-customer-satisfaction The #1 Mistake Owners Make in Selling Their Restoration Business Learn the top mistake that costs owners as they prepare to sell their restoration business.

]]> http://www.randrmagonline.com/articles/89553 Wed, 25 Aug 2021 00:30:00 -0400 https://www.randrmagonline.com/articles/89553-the-1-mistake-owners-make-in-selling-their-restoration-business Preparing to Sell Driver #4: Documenting Your Marketing http://www.randrmagonline.com/articles/89531 Tue, 10 Aug 2021 15:00:00 -0400 https://www.randrmagonline.com/articles/89531-preparing-to-sell-driver-4-documenting-your-marketing Preparing to Sell Driver #3: Creating a Neutral Structure The role diversification plays in increasing the value of your business.

]]> http://www.randrmagonline.com/articles/89500 Tue, 20 Jul 2021 00:00:00 -0400 https://www.randrmagonline.com/articles/89500-preparing-to-sell-driver-3-creating-a-neutral-structure Preparing to Sell Driver #2 - Growth Potential Buyers will pay more for a business that is growing than one that is declining or stagnant.

]]> http://www.randrmagonline.com/articles/89501 Thu, 01 Jul 2021 00:00:00 -0400 https://www.randrmagonline.com/articles/89501-preparing-to-sell-driver-2---growth-potential Preparing to Sell Driver #1: Financial Performance http://www.randrmagonline.com/articles/89467 Sun, 20 Jun 2021 21:40:00 -0400 https://www.randrmagonline.com/articles/89467-preparing-to-sell-driver-1-financial-performance The Six Drivers to Preparing Your Business for Sale http://www.randrmagonline.com/articles/89455 Tue, 08 Jun 2021 13:55:00 -0400 https://www.randrmagonline.com/articles/89455-the-six-drivers-to-preparing-your-business-for-sale What Is the Best Way to Make My Business More Attractive to a Buyer? http://www.randrmagonline.com/articles/89438 Tue, 25 May 2021 12:08:00 -0400 https://www.randrmagonline.com/articles/89438-what-is-the-best-way-to-make-my-business-more-attractive-to-a-buyer 4 Red Flags Indicating it's Time to Sell http://www.randrmagonline.com/articles/89422 Tue, 11 May 2021 11:26:00 -0400 https://www.randrmagonline.com/articles/89422-red-flags-indicating-its-time-to-sell #1 Mistake Made by Owners Selling Their Restoration Company http://www.randrmagonline.com/articles/89396 Wed, 28 Apr 2021 11:49:00 -0400 https://www.randrmagonline.com/articles/89396-1-mistake-made-by-owners-selling-their-restoration-company Should You Sell Your Restoration Business during a Pandemic? http://www.randrmagonline.com/articles/89380 Thu, 15 Apr 2021 09:26:00 -0400 https://www.randrmagonline.com/articles/89380-should-you-sell-your-restoration-business-during-a-pandemic