SDE vs. EBITDA: How Does Owner Pay Change the Math?
Compare SDE, EBITDA, and adjusted EBITDA by tracing how owner pay, replacement work, same-period records, and offer denominators change the math.
New and materially updated reporting on valuation, preparation, buyers, deal terms, and industry-specific questions. Browse by the decision you are working through, then continue to the related guide when the facts change the answer.
Reporting, guides, and practical reference material for owners making a business-sale decision.
Compare SDE, EBITDA, and adjusted EBITDA by tracing how owner pay, replacement work, same-period records, and offer denominators change the math.
Build a seller due diligence checklist that connects buyer questions to records, flags gaps and tie-outs, and keeps access decisions separate.
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You can sell without a broker, but buyer verification, sale scope, controlled disclosure, written terms, tax work, legal review, and closing still need owners.