Defy The Odds Show - Buy or Sell A Small Business in 6 Steps

Our Defy The Odds Show is Back! After roughly 5 months working to add an important service to our business, our Podcast is back for a new episode focused on explaining where we've been and where we're headed in helping small business owners thrive and ultimately live the American Dream!

Buyers can create some serious leverage using an SBA loan to buy a business and real estate. Buyer should also be certain they are interested in buying a business before wasting the sellers time. 

How do you know if the price is fair? One way is to use our fair price method. It's one tool available inside our Business Range of Value Report. 

Just like Elaine says on Seinfeld, you need to be careful when attracting a squirrel. Buyers, like squirrels, are hesitant. You have to give the buyer time to get comfortable or, like Elaine says, you'll scare the squirrel away.

Bitcoin can be used to buy and sell businesses. But first, it really needs to work through 2 main issues. Also, I share why I think the price of Bitcoin today is more legit than in 2017.

When it comes to buying or selling a small business, take what you hear with a grain of salt...maybe a tablespoon full. The consequences of taking advice from a well meaning relative or advisor may prove costly.

In this episode, I explore how being a "bottom line" person or a "top line" person might impact what kind of business you buy.

I speak with business owners every week. At times, we'll talk about what the business might be worth. In this episode, I share one of these conversations.

You're thinking about selling your business. You're also thinking you need a business broker because you're really busy, don't know how to start, don't have a plan, don't know your businesses' value, and don't know how the process works. Listen in...

What is the role of your gatekeeper? Should your gatekeeper be a decision maker that decides which possible products and services are "eligible" to help your business? It probably depends on your business but it might be worth some consideration.

The reality is, there are more sellers than qualified buyers. Depending on your niche, location, and price, it may be even more challenging. It pays to be proactive if you want to sell your business.

This is a must listen to episode for anyone interested in buying a small business. If you're wondering how you can qualify and/or fund the purchase of a small business, Larry shares an innovative funding strategy that's really powerful. 

Lately, I've been thinking about how business owners sacrifice. But recently, I've had a couple circumstances that have made me think about suffering and how it applies to us professionally and personally.

In this episode, we interview Jared Greer, Executive Coach and founder of The Greer Method. We talk to Jared about getting yourself right, having structure, IronMan Triathlons, and a whole lot more.

Are you buying or selling a small business? 62% of working Americans want to be their own boss. But, the path to small business ownership is different than what you may think.

70% of small business owners have given no attention to transition yet 30% of ALL small business owners think about selling their small businesses at any given time. It's why less than 30% of small businesses are EVER sold. Take our FREE course: "How To Create A Transition Plan Yourself!"

In a recent discussion with one of my clients, he asked me about what he needed to get his business ready to be LISTED for sale. In this episode, I go over the checklist I sent him...and all my clients.

When I first speak with a business owner, I often get asked similar questions like what's my business worth/what do you think I can get for it? Or, how do you get paid? Or, how will you market my business...among others. In this episode, I answer these questions and more...like getting my AARP card?!

Every Business Has potential access to 3 buckets of money but most don't get value out of the 3rd bucket. I also talk about a course I've developed and a report I've created for small business buyers and sellers.

In this episode, I share a story of a small business I founded/started, bought (partner buyout), sold, helped my mom buy, and contemplated buying again! Lots of lessons learned. 

In part two of an interview with my Dad, I have a conversation with him about buying and selling a franchise. He shares the process of buying the franchise in depth and what he learned from the experience.

In part one of an interview with my Dad, I have a conversation with him about coaching people who want to buy into a franchise. He shares his experiences and what he's learned over the years.

Unfortunately, less than 30% of all small businesses ever sell. Isn't that terrible?! The rest either get transferred or fade into oblivion. In this episode, I share the 6 core factors that determine if a small business is sellable/buyable.

Over the last 25+ years, through some hard lessons, Scott has developed a proprietary 6 step process for buying or selling virtually any small business or franchise. In this episode, he shares his 6 step process.

In this episode, I interview Bob Lawrence, a close personal friend and former business partner. Bob shares a few stories about Insurance4USA.com and when we knew it was time to sell our small business. 

In this show, Scott shares some "believe it or not" stories and lessons learned from 25+ years of operating, buying, and selling small businesses. It's important information if you ever plan to buy a business or sell a business or franchise.

Why is buying or selling a small business so hard? Statistics say less than 30% of all businesses ever sell. This episode takes a look at why businesses fail to sell and we sort them into 4 categories.

In our launch episode we'll give you the guts of what our show is about (helping people buy and sell small businesses), share my background, and ways we currently help small business owners and aspiring business owners. Buying or selling a small business is a unique experience and full of potential pitfalls. NOW, there's a show that focuses on it!