
The episode discusses the importance of understanding EBITDA for improving business profitability and value in the pet industry.
Are you measuring the success of your business by how many dogs you can squeeze into daycare next week when you should really be asking how valuable your business is becoming? Have you ever wondered why some pet businesses are worth millions of dollars while others, despite generating similar revenue, struggle to make any real profit? And what if the biggest opportunity in your business isn’t finding more customers but building the assets that make every customer more valuable? In this week’s episode of the Pet Boarding & Daycare Podcast, Dom is joined by business valuation expert Teija Heikkilä from Pet Vet M&A to unpack one of the most important numbers in business: EBITDA – Which stands for Earnings Before Interest Taxes Depreciation and Amortization. It might not be the most exciting acronym you’ll ever hear, but as Teija explains, it’s the figure that determines how profitable, bankable and ultimately valuable your business really is. Whether you’re planning to sell in five years or never intend to sell at all, understanding EBITDA changes the way you make decisions. After the interview, Dom takes the conversation one step further by explaining why you don’t improve…
Host: Dominic Hodgson
Guest: Teija Heikkilä
Organizations: Pet Vet M&A
Explore listener stats, chart rankings, contacts and more on the Pet Boarding and Daycare Podcast with Dominic Hodgson podcast page.