Jonathan Baker is the head of M and A at Punctuation, a small advisory practice that helps firms with positioning, lead generation, benchmarking, valuation, and succession planning. Here, he shares the inside scoop on how to sell an agency and determine its worth. We also discuss two topics near and dear to Jonathan's heart: Australian shepherds and craft beer. Key Takeaways:- Common mistakes in creative firms- When to sell an agency- How to evaluate your agencyEpisode Timeline:1:15 The perils of living with an Australian shepherd2:30 How Punctuation helps media companies with positioning and benchmarking4:00 Considering the owner's lifestyle during the M and A process5:00 Selling a business to the right person6:45 Is there a common positioning pivot agencies are making these days?7:15 The importance of finding your niche8:30 How expertise affects pricing 9:10 The biggest mistakes creative firms are making these days10:15 How an owner's role evolves over time 12:35 When is it time to sell?15:15 The emotional toll of the M and A process17:45 The importance that EBITA plays in the evaluation 19:30 Jonathan's favorite craft brewThis episode’s guest:• Jonathan Baker• Get free resources at Punctuation.com/PR360Subscribe and leave a 5-star review: https://pod.link/1496390646Contact Us!•            Join the conversation by leaving a comment!•            Follow us on Facebook, Twitter, Instagram, and LinkedIn!Thanks for listening! Hosted on Acast. See acast.com/privacy for more information.