Bharat Kanodia, Business Valuation Expert

Bharat is the founder and chief appraiser at Veristrat LLC. He's a casual golfer and a contributor at Inc.com where he writes about a variety of business and financial topics. In this episode, we talk a bit of golf before diving into the world of business valuations. I had lots of questions about valuing businesses, unique assets and more. Bharat offered some great insights. Listen in, I guarantee you'll learn something!

Topics covered:

• Bharat's relationship to golf
• Pros/cons of an analytical golfer
• The importance of not siloing yourself
• Business valuations: An art or a science?
• Why business valuations can vary between appraisers
• Approaches to valuing a business
• Big companies that Bharat's valued
• Challenges that come with large valuations
• Startup valuations and what to look for in a startup
• Unique assets
• Valuing a golf course
• Maximizing the value of your business
• Teddy Roosevelt

Is owning a golf course a good business investment? That depends. Listen in to hear Bharat's take.

We ended with a lightning round of 8 questions.

This episode is presented by Par 3 Near Me.

Chapters

• 1:03 Bharat's Relationship with Golf
• 6:47 About Bharat's Company, Veristrat
• 7:19 How Bharat Jumped into the World of Business Valuations
• 8:00 Finding Clients
• 9:02 The Importance of Not Siloing Yourself
• 11:00 Business Valuations: An Art or a Science?
• 12:06 Why All Valuations Aren't the Same
• 13:40 Methods for Valuing a Business
• 15:51 Challenges that Come with Valuing a Big Company
• 18:29 Buzzwords and Trends
• 19:44 Startup Valuations
• 20:49 What to Look for in a Startup
• 22:15 Unique Assets that Bharat's Appraised
• 24:20 Valuing a Golf Course
• 28:50 Maximizing the Value of Your Business
• 32:41 Theodore Roosevelt
• 36:17 Lightning Round