E116: Scott Duke: Founder Of OpnRoad - Navigating Business Transition And Building Sellable Assets

Scott Duke is an M&A advisor and the founder of eleven companies. He started his first company while in university to pay for school without taking on a lot of student debt. The company was a painting company, similar to College Pro. When it comes to mergers and acquisitions, interest rates have a huge impact. When interest rates double, banks use a debt servicing ratio to determine how much they are willing to lend. This directly impacts the cash flow of businesses, as the same amount of money is needed to service debt. Scott's story is similar to most entrepreneurs as they start out small and then eventually get into larger ventures.
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Contact Scott on
Linkedin: https://www.linkedin.com/in/scottgordonduke/
Website: https://opnroad.io/
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-Why ITX?
Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years ITX has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match.

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🎬SUGGESTED VIDEOS
Don't forget to watch 📽 Our other videos. Please check them out :

▶️How2Exit Episode 44: David Barnett - Author, Speaker, Seminar Host, Consultant, Coach, Educator.
https://youtu.be/AxYIj_lJCOY

▶️How2Exit Episode 60: Tim Mueller - Co-Founder and President of ITX.
https://youtu.be/DCMAnuhLznw

▶️How2Exit Episode 22: Adam Coffey - CEO, best-selling author and Forbes Business Council member.
https://youtu.be/RjPjw6qRtv8

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