Financially Simple

Calculating the ROI of Your Business

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Sinopsis

In episode 297 of Financially Simple, Justin goes over the basics of calculating the Return on Investment of your Business. As we continue to look at ways of narrowing the Wealth Gap, it's important to consider the Return on Investment that our Business provides and how it impacts the value of the Business. In this episode, Justin looks at ROI, why it's important to know, ways to calculate it, and the intangible aspects of a business's value. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 01:33 - Calculating the ROI of Your Business 02:33 - The Basics of ROI 04:52 - The Simplest Method 06:18 - Case Example 10:31 - Intangible Qualities 13:47 - Goodwill 14:50 - Valuing Goodwill 17:30 - Another Approach 19:43 - Why Do All This? 23:57 - Summary   RESOURCES: Financially Simple Educational Website Financially Simple on YouTube Subscribe to the Financially Simple Newsletter Ask Justin a Question NEW Book: The Ultimate Sale - A Fi