Podcasts about buy a business

Lately, I've been thinking about starting a new business. I know the market seems like it's crashing around us, and we're probably headed into a recession. But hey—I started my first business back in 2009, and it doesn't get much worse than that, right? Well, maybe it can. And that's exactly why I've been considering buying a business instead of starting one from scratch, particularly because of the SBA loan options available right now. Here's how an SBA 7(a) loan breaks down for a $1,000,000 business purchase: Total Loan Amount: $1,000,000 Typical Down Payment (10%): $100,000 Amount Financed: $900,000 Loan Term: 25 years Estimated Monthly Payment (at 10.25% annually): $8,200 Now, that monthly payment isn't exactly cheap. But consider this: a business selling for $1 million typically goes for about three times its annual earnings. For those of you from the real estate world, that translates to what we'd call a cap rate of about 33.33%. And remember—anytime your cap rate exceeds your interest rate, leverage works in your favor. Let's break down the numbers clearly. With annual earnings of $333,333 ($1,000,000 divided by 3), and an annual debt service of about $98,400 ($8,200 x 12 months), your annual cash flow comes out to around $234,933. Since you only invested $100,000 to get this cash flow, you're looking at a cash-on-cash return of about 235%. Pretty impressive, right? Of course, the devil is always in the details. One reason I've never pulled the trigger on buying a small business like this is because, as someone who's started businesses myself, I know firsthand just how volatile small businesses can be.  Often, their success hinges on key factors that don't necessarily transfer smoothly to a new owner. Think about it—if small businesses were all this easy, why would anyone ever bother buying anything else? That said, my guest on this week's Wealth Formula Podcast strongly advocates for buying existing small businesses and believes most people are overlooking a fantastic opportunity. He makes a compelling case—one that might just have you checking out business listings yourself. Curious? Make sure you tune into this week's Wealth Formula Podcast and see if buying a business might be the right move for you!

College debt or career head start? In this episode of Blue Collar Millionaire, we dive deep into the growing opportunities in the blue collar space and why more people are choosing trades over traditional degrees. We break down real numbers—man-hour profitability from carpet cleaning to fire restoration—and explain how young workers can go from zero experience to business ownership in just a few years. We talk about: Why blue collar isn't a fallback—it's a fast track The massive wave of retiring business owners creating buyout opportunities How private equity is now paying attention to trades Why learning on the job beats student loans And how YOU can make a multi-million dollar exit in under 5 years Whether you're starting fresh, looking to scale, or want to buy a service-based business, this episode is for you.

In this episode, Brad Lea brings back Chad Peterson to break down how to actually create wealth. Forget grinding 80 hours a week to scale your business — Chad shows how to trade your business UP and 10X your personal income using liquidity events and leveraged acquisitions.  

04-01-2025 Gene Townley Learn more about the interview and get additional links here: https://usabusinessradio.com/job-losses-resignations-market-turmoil-why-its-a-great-time-to-buy-a-business/ Subscribe to the best of our content here: https://priceofbusiness.substack.com/ Subscribe to our YouTube channel here: https://www.youtube.com/channel/UCywgbHv7dpiBG2Qswr_ceEQ

Morgan DeBaun's new book, Rewrite Your Rules, is all about challenging the status quo and designing a life on your own terms. In this live coaching session, she puts those principles into action, helping Simbi gain clarity and make time for wealth-building as she navigates motherhood and big business decisions.   In this episode: 00:00 Introduction 01:10 Simbi's Journey to Entrepreneurship 02:42 Balancing Motherhood and Business 05:15 Current Business Ventures 08:51 Challenges and Strategies for Growth 13:05 Personal Reflections and Future Plans 25:49 Balancing Personal Freedom and Responsibilities 26:32 Outsourcing and Automating Tasks 27:31 Daily Routine and Time Management 29:46 Finding Time for Self-Care 32:24 Planning for the Future 41:44 Growing the Business 45:53 Final Thoughts and Next Steps   In the episode, Morgan and Simbi discuss the complexities of integrating motherhood into entrepreneurship, and Morgan helps Simbi figure out her CEO tasks vs. operating tasks to determine where she wants to spend her time and energy. They also talk about the benefits and drawbacks of acquiring an agency versus scaling a new business. Morgan coaches Simbi on creating a clear vision for her business and life, and how to make that a reality in the day-to-day.   This episode gives a taste of the frameworks discussed in Morgan's new book, Rewrite Your Rules, so make sure to order your copy to start applying these strategies and mindsets in your own life and business!   Order Rewrite Your Rules: https://www.amazon.com/Rewrite-Your-Rules-Achieve-Freedom/dp/0593725050   Join the Newsletter for More Exclusive Content: https://worksmartprogram.ac-page.com/thejourneypodcast Make sure you are following Morgan's journey on TikTok: https://www.tiktok.com/@morgandebaun?_ Follow us on Instagram: https://instagram.com/thejourneybymdb Produced by MicMoguls.

Are you buying a franchise to own a business, or are you just getting another job?  In this episode, Erik Van Horn and Jeff Herr challenge potential franchisees to think beyond just becoming employees in their own business. He explores the key difference between buying a business and merely buying a job and why it's crucial to understand this distinction. Erik shares practical advice for future franchise owners, emphasizing the importance of building effective systems, understanding territory management, and having the right leadership in place. If you're planning to buy a franchise, you must learn how to scale smartly, leverage profit-sharing models, and avoid common mistakes that can trap you into working in your business rather than on it. Discover how to turn your franchise into a true business venture!! “Anything can be semi-absentee if you hire the right people to do the work that you're not doing." ~ Erik Van Horn   In This Episode: - Jeff's background as a franchisee - Building franchise equity with the right mindset - Success strategy: focus on strengths, hire for weaknesses - Tracking KPIs for franchise success - Are you attracting the right customers? - Networking with local businesses for growth - Collaboration with complementary businesses - The impact of hiring the right manager for your business - How hard are you working on your business? - Final thoughts from Erik and Jeff   Resources: 

Watch Here: https://youtu.be/nvOnJ02n8KAAbout the Guest: Beau Eckstein is a business coach and expert in SBA lending, business acquisitions, and franchising. With a background in real estate and finance, he now specializes in helping aspiring entrepreneurs secure funding and find the right business or franchise to acquire. His experience includes flipping houses, securing SBA loans for clients, and even starring in an HGTV house-flipping show. His latest project is his book Paycheck to Freedom, co-authored with Tom Wheelwright, aimed at guiding people from employment to business ownership.Summary: This episode of How2Exit features Beau Eckstein, a business coach with deep expertise in SBA lending, real estate, and business acquisitions. His journey from struggling student to real estate investor, then into SBA lending and franchise brokering, highlights the resilience and adaptability needed for success in business. The conversation dives into financing strategies, franchise opportunities, and the critical role of business ownership in wealth creation, with Eckstein sharing valuable insights on how entrepreneurs can leverage SBA loans and other funding methods to achieve financial freedom.Key Takeaways:From Failure to Success – Eckstein's early struggles in real estate and financial collapse in 2008 forced him to reinvent himself, leading to his expertise in SBA financing and business ownership.SBA Lending as a Wealth-Building Tool – SBA loans, especially the 7(a) and 504 programs, provide pathways for entrepreneurs to finance businesses with as little as 10% down.Franchise vs. Independent Business – While some prefer acquiring independent businesses, franchises offer proven systems and structured support that can accelerate success.The Myth of Passive Income in Real Estate – Owning rental properties isn't always the cash flow generator people assume; business ownership often yields more predictable profits.Recurring Revenue Models Win – Businesses like pest control, restoration, and commercial painting franchises generate recurring revenue, making them attractive investment choices.Private Equity in Franchising – PE-backed franchises can be a red flag for some buyers, as corporate strategies may prioritize investor returns over franchisee success.SBA Loan Collateral Requirements Can Be Tricky – Borrowers with significant real estate holdings may find SBA lenders requiring liens on personal assets, making alternative financing strategies worth exploring.Eckstein's Mission: 100,000 Business Owners – His goal is to help aspiring entrepreneurs transition from employees to business owners through education, financing, and franchise opportunities.--------------------------------------------------Contact Beau onLinkedin: https://www.linkedin.com/in/beaueckstein/Website: https://businessownershipcoach.com/--------------------------------------------------

Get 1 month free Shopify https://shopify.com/calumjohnson Start investing safely with Public: https://public.com/calum You can get Codie's new book here: https://amzn.to/4hilOBtOur Merch drops soon! Be 1 of 50 to get EXCLUSIVE ACCESS: https://bit.ly/StayDelusional2 Follow Us!Instagram: https://www.instagram.com/calumjohnson1?igsh=MTdzbHI1b3c1b2dmag== Twitter https://x.com/calum_johnson9?s=21 Codie Sanchez https://www.instagram.com/codiesanchez?igsh=cHp2eTB1cGc3MWZ3 Watch our episode with Myron Golden on how to get rich starting from $0 https://youtu.be/4Wu-Bwi1ZhM 00:00 Intro 01:18 The key to all wealth and freedom 03:33 The mindset of a true builder. 06:40 "This is the best entrepreneur I know"09:45 We are losing the ownership race... (How did this happen!)14:00 What does the rise of AI mean for you17:07 Build with Anger! . 29:15 Why you should invest in boring businesses35:10 No risks=No money45:10 Using the “Venmo challenge” to buy a business in 30 minutes 48:36 How to choose your first business 51:54 How to buy businesses with no cash57:22 The 100:50:1 rule to get your successful business 59:02 If these 3 things are true, never do the deal! (Codie's deal blueprint)1:00:33 Just keep going!About the video Today's guest is Codie Sanchez. She's built a $50M portfolio of cash-flowing, "boring" businesses and grown an online following of 3M+ people. In this episode she shares her playbook to buy and build a business from scratch to 7 figures even if you are starting with little investment capital.

Send us a textI have had a lot of guests on the show to talk about buying a small business.  From lenders, buyers, and investors- everyone seems to be saying, "Go buy a business!  You will make a ton of money and can't go wrong!"  Well, today's guest is a story of what happens when it does go wrong. Jed Morris is an Air Force veteran who bought a landscaping business and then quickly bought another.  He did a lot of things right: Worked inside business #1 for 6 months before making an offerBuilt a great relationship with the ownerMade a good deal that made financial senseBut after a few months, the wheels started to come off and Jed ended up going bankrupt on the deal.  Despite this, he is still optimistic on buying small businesses.  His is a great story of resilience, grit, and how to think about risk.  

Take the survey now: https://docs.google.com/forms/d/1iHRZvOly_Q7aprlQBF7n38y0EjgvnHw2OdYII8yQElc/edit?ts=670d0111 Rob speaks with former journalist turned successful entrepreneur and investor Codie Sanchez. Codie reveals how her experiences covering cartel violence and human trafficking shaped her understanding of financial freedom, leading her to develop a revolutionary approach to building wealth through acquiring "boring" but profitable businesses. Codie talks about business acquisition, wealth creation, the importance of ownership and gives her unique perspective on entrepreneurship. Codie Sanchez REVEALS: How she went from a journalist to a business owner The shocking shift away from business ownership in the UK Why a side hustle makes you more likely to succeed than quitting your job straight away The three promising business types for 2025 Why a degree isn’t worth the investment anymore The pros to buying an existing business BEST MOMENTS "If you want to go fast, go alone, If you want to go far, go together. It's super true. And the only way you're going to make like a fucking unreasonable amount of money is by having a team that buys into your vision" "You know what's sexy? Profitable businesses. Profitable businesses are really sexy and it's sexy to have a business that you could bootstrap with your own two hands" "Money really is freedom and it is also protection” "Those who say it's impossible should get out of the way of those of us doing it." "In order to start a business, you're 90% likely to fail or a 10% success rate. In order to buy a business, you have a five to 20% fail rate and somewhere between a 95 to an 80% success rate." VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter https://robmoore.com/podbooks rob.team Episode Sponsor - AG1 Claim your exclusive offer of AG1 at the link below drinkag1.com/disruptors ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979 See omnystudio.com/listener for privacy information.disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

Dwayne Kerrigan, a seasoned business leader with over 35 years of experience and nearly 30 ventures spanning 12 industries, is the host of a dynamic podcast spotlighting unsung yet highly successful entrepreneurs. Through in-depth conversations, Dwayne uncovers their personal journeys, hard-earned insights, and the strategies that fueled their success, offering listeners a wealth of knowledge and inspiration from those who've made an impact behind the scenes. Connect with Dwayne on LinkedIn at Dwayne Kerrigan, follow thebusinessofdoingbusinessdk on Facebook and Instagram, and visit his website at dwaynekerrigan.com. You can also find him on TikTok at Dwayne Kerrigan Podcast.   Here's some of the topics we covered:   Misunderstanding Cashflow & The Negative Impact Profiting Through Chaos and Crushing It Since the 2008 Crash Thriving in the AI Revolution and the Future of Business Ownership Mastering Investor Confidence and Unlocking Big Dollars Turbocharge Your Research with the ChatGPT Hack Every Entrepreneur Needs Business Breakthroughs with the Power of Crystal-Clear Vision Unleashing Business Archetypes and Discovering Your Team's Superpowers Dwayne's Ultimate Game-Changer  Keeping Your Identity Intact and Not Letting Your Business Own You   To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com    For more about Rod and his real estate investing journey go to www.rodkhleif.com  

Dwayne Kerrigan, a seasoned business leader with over 35 years of experience and nearly 30 ventures spanning 12 industries, is the host of a dynamic podcast spotlighting unsung yet highly successful entrepreneurs. Through in-depth conversations, Dwayne uncovers their personal journeys, hard-earned insights, and the strategies that fueled their success, offering listeners a wealth of knowledge and inspiration from those who've made an impact behind the scenes. Connect with Dwayne on LinkedIn at Dwayne Kerrigan, follow thebusinessofdoingbusinessdk on Facebook and Instagram, and visit his website at dwaynekerrigan.com. You can also find him on TikTok at Dwayne Kerrigan Podcast.   Here's some of the topics we covered:   Misunderstanding Cashflow & The Negative Impact Profiting Through Chaos and Crushing It Since the 2008 Crash Thriving in the AI Revolution and the Future of Business Ownership Mastering Investor Confidence and Unlocking Big Dollars Turbocharge Your Research with the ChatGPT Hack Every Entrepreneur Needs Business Breakthroughs with the Power of Crystal-Clear Vision Unleashing Business Archetypes and Discovering Your Team's Superpowers Dwayne's Ultimate Game-Changer  Keeping Your Identity Intact and Not Letting Your Business Own You   To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com    For more about Rod and his real estate investing journey go to www.rodkhleif.com  

Register for the webinars: Legal Preparation for Your Search - Thu Jan 30 - https://bit.ly/4heHi355 Stages of the Business Buying Process - Thu Feb 6 - https://bit.ly/4h7HOQjRay & Dana Chery sensed a need for change in their careers. A 26-year-old portable sink manufacturer was the answer.Topics in Dana and Ray's interview:Going all-in as a couple buying a businessHow they beat out 50 other buyersMoving from the finance world to manufacturingBuying a portable sink manufacturerHow Ray applies his banking skillsRevamping the website and logoOpportunities to sell to more school districtsChallenge of prioritizing tasks at the businessTheir vision to grow the company to 8 figuresWide variety of use cases for portable sinksReferences and how to contact Dana and Ray:Ray's LinkedInDana's LinkedInMonsam Portable SinksWill Gano on Acquiring Minds: After 4 Years of Part-Time Searching, SuccessWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:Matthias Smith of Pioneer Capital AdvisoryGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamGet a free review of your books & financial ops from System Six (a $500 value):Book a call with Tim or hello@systemsix.com and mention Acquiring MindsConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

Have questions? Send me a text hereIs it better to buy an existing business or is it better to start a new business from scratch? That's a question that comes up frequently.  The answer to that question requires some personal reflection and awareness.  It might surprise you to know that can make a significant difference in the success or failure of your business.You're invited to send me a text message by clicking the link above this description. You can ask a question, leave a comment or just say hello. I look forward to hearing from you!Subscribe to the Financial Momentum Newsletter where we discuss ideas and tools to build momentum in your business and life! The newsletter is FREE and delivered to your inbox once a week. Click here to subscribe! DISCLAIMER: This video/audio content is intended only for informational, educational, and entertainment purposes. Neither Real Estate Revenue, Financial Momentum or Paul Ary are registered financial advisors, financial planners, attorneys, tax professionals or economists and the contents of this video and/or audio podcast should not be considered investment, financial, legal or tax advice. Your use of Financial Momentum or Real Estate Revenue's channel either on YouTube or on any audio podcast, and your reliance on any information from these sources is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, Instagram, Twitter, LinkedIn) for communications with The Financial Momentum Podcast, Real Estate Revenue or Paul Ary does not establish a formal business relationship. This is not financial advice. These are my personal opinions on real estate and the world in general.

***New Video Alert! The most common question I get… How much do I need. This week, I break it down and show you a rule of thumb I've shared with hundreds of clients over the years. Watch right here: https://youtu.be/RllPWOHB2yg Cheers See you over on YouTube David C Barnett #businessbroker #bizbroker #businessbrokers #smallbusiness #mergersandacquisitions #smallbiz #downpayment #investment #equity #equityinjection

***New Video Alert! Can you buy a business that requires a license when you don't have one? Maybe, depends on where you are. But there are pros and cons to these businesses and industries that people don't quite understand until they're in the industry. This week, we discuss whether it makes sense to chase a licensed business and if it's worth the hassle. Watch right here: https://youtu.be/DP6gFIYcj48 Cheers See you over on YouTube David C Barnett

Ryan Condie has bought and sold 8 companies over the last few years and is an active practicing business broker! He runs the podcast "Let's Buy A Business"You can find more about Ryan here:Apple Podcast: Let's Buy A BusinessYoutube: @letsbuyabusinessWant To Quit Your Job In The Next 6-18 Months Through Buying Commercial Real Estate & Small Businesses?

In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz share with you how to buy a cash flowing business... step by step!

Two MUST DO tax strategies the first year you buy a business car. Law firm owner taxed as an s-corp? Want to know the EXACT salary to pay yourself to save on taxes and avoid audit? Click here - https://bigbirdaccounting.com/salary.

For this episode, David is joined by Kevin Henderson who is an experienced M&A lawyer, whose mission is to help people to get into the world of buying businesses. Doing so is a way to create the freedom that they want in their lives whilst also being business owners. Kevin covers identifying the right business to buy, spotting issues with it, raising funds, taking it over and potentially selling it. To explore how to get unstuck on your mission, put your purpose into practice and convert your ideas into impact book a discovery call with David here https://calendly.com/david-peoplewithpurpose/30min   KEY TAKEAWAYS You can make enough money from a small business to match a professional corporate wage. Plus, you are building equity. Most business equity in the USA and Europe is in the hands of baby boomers, who need to retire. Many small businesses do not use technology, so improving processes to generate far more profit is easy. In the USA, you now only need to buy a majority of a business to secure a SBA loan. Do your due diligence. 40% of businesses lie about their finances. Be careful about how they handle expenses too. Buying a firm with just 1 or 2 big customers is risky. Spend at least the first year working directly in the business. Be prepared to occasionally step in to cover some of the manual work. If you plan to sell, plan ahead and make your business more attractive. Kevin explains how. Be realistic running a small business is still stressful. BEST MOMENTS “You can bridge a very large gap with seller financing.” “In approximately 40% of deals that he reviews …. they identify outright financial fraud.” “Focus on what we call enduringly profitable businesses.”   EPISODE RESOURCES Socials – @KHendersonCo https://www.mundanemillionaires.com ABOUT THE SHOW People with purpose make a difference. Imagine a world where more people can just get their purpose out of them, into a plan and then actually make it happen. What a world that would be - People everywhere finding meaning and harnessing that to bring inspiration and energy to each and every day, changing lives for the better. But no one ever achieved anything on their own - we all have something unique to bring and that means we all have to play our part - if we want to go far, we have to go together and lead or serve towards a vision of the world we want to see. Everyone has a story to tell, and this show is where these stories come to life.   ABOUT THE HOST David Roberts is a highly regarded CEO, mentor, and investor with 30 years of experience across multiple sectors. As an intrapreneur and entrepreneur, David has bought, grown, started and sold several businesses, working with values-driven start-ups, award-winning SMEs, and multinational corporations on strategies for service excellence, leadership, and profitable growth. David's passion is for purpose and creating an environment where everyone can succeed, through building teams that get things done, execute on their mission with passion, deliver exceptional service and really make a difference.   ARTWORK CREDIT Penny Roberts - https://www.instagram.com/penpennypencils CONTACT METHODS LinkedIn - https://www.linkedin.com/in/david-roberts-nu-heat Facebook - https://www.facebook.com/DavidRobertsPeopleWithPurpose David's Facebook - https://www.facebook.com/dave.roberts.5076798   Instagram - https://www.instagram.com/davidcroberts_  Email - david@peoplewithpurpose.live 

Russell Carriere joins Benny and Dennis to discuss the topic of getting ready to sell a business. While we all have bought or sold something like a car, or a home but selling a business is not just an asset - it is something you have built. There are so many moving parts and things a seller must think about to navigate through the process. Listen in today as Russell shares somethings you may have not thought about. Russell Carriere's Bio: I grew up with a father who started his first business as a paperboy in grade school. He found he enjoyed building and running a successful business. When I entered middle school, my father started a Heavy Equipment Manufacturing business building and selling rough terrain forklifts. My father believed in starting at the ground floor, so this is literally where I started - by sweeping floors, cleaning, and organizing the shop. When I entered high school, I was moved to the assembly line of the business. This is where I learned every aspect on building the heavy equipment. I was rotated from one station to another to learn how every piece went together and how it all worked to complete the product. After two years in assembly, I moved into the service and sales department. This is where I was able to meet with the actual customers of the equipment while providing onsite repairs or modifications to their equipment. I began traveling the country performing equipment demonstrations and attending trade shows to walk perspective customers through the complete workings of the equipment - all at the age of 18. Through this experience I learned that everything matters - clean floors, an organized shop, where every screw, bolt, and wire work together, and most importantly, how to support your customer. This is how I got the bug for wanting to own my own business.I have since run and operated businesses that represent different markets including Retail/Wholesale Distribution, Light Manufacturing, and Installation, as well as Hospitality owning a 125-acre campground. I have also worked in the corporate world selling technology for Billion-dollar companies selling and supporting fortune 500 customers selling them multi-million-dollar solutions their businesses relied on. Contact Information Russell Carriere- russell@fcbbtn.com Benny Carreon- Velocity Technology Group- benny@velocitytechnology.group Dennis Jackson-WorX Solution- dennisj@worxsolution.com

Join me, Nik (https://x.com/CoFoundersNik), as I sit down with Chelsea Wood (https://x.com/SMBChelseaWood), co-founder of Acquisition Lab, the premier business buying accelerator. Chelsea partnered with Walker Deibel, author of "Buy Then Build." Since its inception, the Acquisition Lab has guided over 800 people, with nearly 200 successfully acquiring their first business.In this episode, we discuss why seller financing isn't always a safe strategy, the dangers of oversimplifying business advice on social media, and why not everyone should buy a business. Chelsea also highlights the importance of due diligence and how to assess the quality of earnings. Questions this Episode Answers:Why isn't seller financing always a safe strategy?What should be considered before buying a business?What are the pitfalls of oversimplified business advice on social media?How does due diligence play a critical role in acquisitions?Why is a deep understanding of risk essential when buying a business?___________________________

Learn how to buy a business using seller financing and SBA loans in this detailed guide! Whether you're an aspiring entrepreneur or a seasoned investor, seller financing can be a game-changer, especially when paired with SBA financing. In this video, we break down various ways to structure deals with minimal money down, maximize financing, and reduce your monthly debt service. We discuss how to structure equity injections, negotiate seller notes, and creatively finance business acquisitions. If you'd like to meet with Beau to talk financing, book a call here ( http://bookwithbeau.com/ )

On today's episode of AdBits, tax attorney and IRA Financial's founder, Adam Bergman, Esq., discusses the pros and cons of two popular business funding strategies using retirement funds - the Self-Directed IRA and the Rollover Business Startup (ROBS) solution.

Send us a Text Message.Welcome to Episode 167 of the Laundromat Resource Podcast! This week, host Jordan Berry sits down with the incredibly insightful Keira Hamilton, who shares her journey from being a high school English teacher to becoming a successful laundromat owner and SBA loan broker. If you're a current or aspiring laundromat owner, this episode is packed with valuable insights that you won't want to miss.Key Takeaways for Laundromat Owners:Financing Strategies: Learn how Keira Hamilton financed her laundromat through family loans and SBA options.Operational Insights: Discover why Keira spent 14 days straight at her business and how that helped her manage it remotely.Handling Challenges: Get firsthand advice on dealing with employee turnover and operational hiccups.Service Expansion: Tips on utilizing delivery services like Uber and DoorDash to boost your revenue from wash and fold services.Payment Systems: The benefits of moving from cash to digital payment systems for better record-keeping and revenue tracking.Employee Training: Learn about the unique 9-tab manual Keira created for smooth business operations and employee autonomy.Real Estate vs Business Acquisition: Understand the pros and cons to make informed decisions in your investment journey.Networking Essentials: How to navigate the complex world of business brokers and gain valuable insights from online communities.Connect with Keira Hamilton:LinkedIn- Kiera Hamilton on LinkedInTwitter- Kiera Hamilton on TwitterDon't forget to: I'd love it if you left a rating and review on the platform you're listening to the podcast on! That would be a huge help for us. Thanks! Share this episode with anyone considering buying a laundromat or looking for tips on better managing their existing businessResources:Laundromat Resource Free ToolsJoin our CommunityConnect With UsYouTubeInstagramFacebookLinkedInTwitterTikTok

As business owners try to grow their business they assume they have to do it organically.  The problem with the organic approach is you have to be patient. It takes time for the business to mature and grow. But that is not the only way to grow. Your path to success might include merging with another company or through the acquisition of another business.  Deb Curtis, an expert in SBA-Supported Business Acquisition Loans & Smooth Ownership Transitions shares a few tips and things to consider before you jump into acquisition mode

Let us know if you enjoyed this episodeHave you ever thought about joining the Celebrity Spirits Club?This could be your chance. In this episode, we explore the opportunity of buying Tyler Boone's bourbon brand for $3 million. We talk about the risks and rewards of investing in celebrity spirits. Tune in to understand what it takes to blend fame with business. Thanks to this episode's sponsor:CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.Learn how to buy a business.If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course. Advertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com

When you invest in multifamily real estate yes you are buying a building, but really you are buying a business. Join Pat for a discussion of how this "business" mindset makes a difference in the acquisition, operations, and long term performance of your multifamily real estate investment.

In this episode, we delve into the question: Can you buy a business out-of-state using SBA financing? Join us as we uncover the intricacies of securing SBA loans for franchises in different states, navigating bank preferences, and understanding the key factors influencing loan approval. Whether you're an aspiring entrepreneur or a seasoned business owner, this insightful discussion will provide valuable insights into expanding your business horizons. Don't miss out on this essential information! If you'd like to meet with Beau to talk financing, book a call here ( http://bookwithbeau.com/ )

Let us know if you enjoyed this episodeIn this episode of Acquisitions Anonymous, Bill and Heather review a deal for an artificial turf business with a $5.5 million EBITDA, projecting its value to hit $50 million. They talked about the market potential, the choice of business broker, and what it means for buyers like searchers and private equity firms—many great lessons from this deal. Tune in and enjoy.Thanks to this week's sponsor:Thinking about selling your online business or buying a new one to start a fresh journey but not sure where to start?You should check out Boopos.com, the top platform for buying and selling profitable online businesses. Whether you're an entrepreneur looking to buy a profitable business or a business owner looking to sell with support, Boopos' expert advisory team is there to help.So, go visit go.boopos.com/michaelgirdley, sign up, and get started selling your business or finding your next opportunity todayLearn how to buy a business.If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course. Advertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com

Ever wondered how to buy a business without a mountain of cash? Seller financing is the game-changer you need!I've mastered the art of seller financing with over $6 million in deals under my belt, from those as small as $100,000 and ones as large as $2 million. I'll reveal how my company starts, scales, and invests in franchises using seller financing.Check out Brian's newsletter Stay up to date with all things franchising by following Brian on Twitter & LinkedIn

Let us know if you enjoyed this episodeIn this episode of Acquisitions Anonymous, we get our hands on an Asian specialty food importer and distributor in the US. Over the past three years, their revenue has jumped from $3.9 million to $6.8 million, with $2M EBITDA, which is pretty impressive. Tune in for a great episodeThanks to this week's sponsor:CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.Learn how to buy a business.If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business CourseAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com

Let us know if you enjoyed this episodeIn this episode of Acquisitions Anonymous, we're breaking down a niche deal: a high-end bathroom partitions in Orange County, California. The company is priced at $11 million with an impressive $2.5 million EBITDA. Also be ready for an episode full of puns. Thanks to this episode's sponsor:Have you thought about exiting your current online business or buying one to start a new journey as an entrepreneur but have no idea where to start? Unlock business opportunities with Boopos.com!  Boopos is the #1 platform for buying and selling profitable online businesses with built-in acquisition financing for qualified buyers. Boopos can offer pre-approved financing for recurring revenue businesses, allowing you to access fast funding with no personal guarantees.Want to find out more? Go to go.boopos.com/michaelgirdley, sign up, and get qualified to sell your business or find your next deal.Learn how to buy a business.If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course:You will learn:• Build a thesis for the type of business that's right for you‍• Learn how to stand out in a sea of buyers• Create a working, scalable Deal Engine getting you leads• Maximize your chances of finding great dealsAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com

Let us know if you enjoyed this episodeIn today's episode of Acquisitions Anonymous, Mills, Bill, and Heather take a deep dive into a quirky business, a custom aquarium manufacturing company out of Atlanta. They discuss how this unique shop pulls in over half a million in revenue by crafting bespoke aquariums for luxury homes and businesses. Also, they talked about ideas on how the company could scale, whether this niche market has room to grow, or if it's too specialized. It's the perfect listen if you're into unusual business ventures or just curious about the aquarium world. Hope you enjoy it! Check out the listing here: https://www.sunbeltatlanta.com/atlanta-businesses-for-sale/manufacturer-of-custom-aquariums?utm_source=acquanon.com&utm_medium=podcast&utm_campaign=ep-298Thanks to this week's sponsor:Have you thought about exiting your current online business or buying one to start a new journey as an entrepreneur but have no idea where to start? Boopos.com is the #1 platform for buying and selling profitable online businesses with built-in acquisition financing for qualified buyers. You can source opportunities from exclusive listings and other marketplaces or bring your own proprietary deal flow for approval. Boopos can offer pre-approved financing for recurring revenue businesses, allowing you to access fast funding without personal guarantees.Want to find out more? Go to go.boopos.com/michaelgirdley, sign up, and get qualified to sell your business or find your next dealLearn how to buy a business.If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course:You will learn:• Build a thesis for the type of business that's right for you‍• Learn how to stand out in a sea of buyers• Create a working, scalable Deal Engine getting you leads• Maximize your chances of finding great dealsAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com

Let us know if you enjoyed this episodeIn this episode, we dive into the details of a $7.5 million acquisition deal involving a renowned American brand of vacuum cleaners and blowers. We also discussed the brand's reputation, market presence, and available financial figures. This was one of those episodes where they all agreed to buy this business together and you shouldn't miss it. Thanks to this week's sponsor:CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.Show Notes: 00:00 Intro03:27 A Vacuum Cleaner & Blowers Deals05:29 Analyzing this deal10:33 What we like about this business18:00 We found this business22:14 How the business makes money23:15 Should we buy this deal? 26:18 The downside of this business?28:13 Final thoughts and details Advertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com

Let us know if you enjoyed this episodeIn this episode of Acquisitions Anonymous, Heather, and Mills get into a preschool and daycare business up for sale in LA with an asking price of $1.4 million. They discuss everything from its stellar reputation to the real challenges of daycare management, like licensing, labor markets, and what it really takes to run a daycare keeping little humans happy and healthy. Hope you enjoy it Check out the listing here: https://www.bizbuysell.com/Business-Opportunity/a-mission-driven-daycare-and-preschool-real-estate-included/2179478/Thanks to this week's sponsor, Plane:Expand your team globally with Plane's payroll and HR platform. Easily hire, onboard, and pay employees and contractors worldwide. Manage US and international payroll, benefits, and compliance efficiently. Plane automates payments and ensures tax compliance across over 240 countries. Learn more at plane.com/aapodcast.Learn how to buy a business.If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course:You will learn:• Build a thesis for the type of business that's right for you‍• Learn how to stand out in a sea of buyers• Create a working, scalable Deal Engine getting you leads• Maximize your chances of finding great deals Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com

What's the difference between acquiring properties and businesses? Surprisingly, there are a lot of similarities but some substantial key differences. Joining this episode to discuss it all is Drew Wiard, an entrepreneur and real estate investor who, in just 18 months, bought and merged three businesses successfully.Drew shares his long-term strategy for building massive wealth through diverse asset acquisition, offering invaluable insights on financing and navigating business takeovers. He delves into his approach to evaluating businesses for acquisition, managing debt, and integrating new assets into his overall investment strategy.His experience highlights the importance of understanding the commitment and risk involved, aligning acquisitions with a clear vision, and perseverance to overcome challenges and achieve success.Let this episode be a guide on buying businesses and diversifying your investment portfolio!Topics discussed in this episode:Drew's business acquisition strategy for building long-term wealthAttributes of a viable business acquisitionFinancial strategies and leveraging SBA loansManaging the responsibilities and challenges of business takeoversLessons from Drew's first few business acquisitions The role of vision and strategic alignment in business acquisitionsKey considerations for transitioning from real estate to business acquisition Connect with Craig Curelop:https://www.instagram.com/theflyinginvestor/https://www.tiktok.com/@theflyinginvestorhttps://www.facebook.com/drew.wiardCheck out the FREE Collecting Keys “Sub To Transactions” Master Class!https://collectingkeys.com/subtoIf you're an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://collectingkeys.com/Check out the Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeys.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://collectingkeys.com/free/If you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://collectingkeys.com/keyscon-2023/ and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://collectingkeys.com/https://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.youtube.com/@collectingkeysThis episode was produced by Podcast Boutique https://www.podcastboutique.com

In this episode of Acquisitions Anonymous, Michael, Bill, and Heather get a business deal involving a seven-year-old blue-collar workwear brand that's booming thanks to its new TikTok shop. They talk about how selling things on social media, like TikTok, can be really hit or miss and discuss intellectual property challenges and more.  Hope you have fun as we did.Today's listing is found on QuietlightQuiet Light is a business brokerage firm that helps entrepreneurs buy, value, and sell online businesses. Every Advisor on the team has built, bought, or sold their own online business and is committed to providing relentlessly honest advice and personalized recommendations to help owners succeed.Thanks to this week's sponsor:Have you ever wished your business's software better fits your needs?IvyWorks can help. They specialize in building custom solutions for SMB's complex processes.You forge the vision; they handle everything else: discovery, design, engineering, creation, and training. They only take a few client partners each year. You'll be handled personally by founders Callan and Sam, with complete transparency and an open invitation to all development calls.Book a free discovery session, and we'll make you an actionable project scope document that any software firm can execute. No strings attached. Visit Ivy.Works to learn more.Learn how to buy a business.If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course:You will learn:• Build a thesis for the type of business that's right for you‍• Learn how to stand out in a sea of buyers• Create a working, scalable Deal Engine getting you leads• Maximize your chances of finding great dealsSHOW NOTES:00:00 intro 02:38 Blue-collar e-commerce deal08:08 How TikTok Shop works09:52 Intellectual Property and Competition14:20 Relying on TikTok Algorithm & Trends17:42 Opportunities in Underserved Markets21:25 Platform dependency 27:09 The ideal buyer Connect with us: Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com

In this episode of Acquisitions Anonymous, Michael, Bill, Heather, and Mills discuss a potential purchase of a landscape and architectural lighting company in the Hamptons valued at $1.25 million with annual revenues of $800,000 and a net cash flow of $375,000. They analyze its strong financials, 40-year history, and wealthy client base while also considering challenges like its dependence on local referrals for new business. Enjoy the show! Check out the listing here: https://synergybb.com/listings/premium-landscape-and-architectural-lighting-company/Thanks to this week's sponsor:CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.Learn how to buy a business.If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course:You will learn:• Build a thesis for the type of business that's right for you‍• Learn how to stand out in a sea of buyers• Create a working, scalable Deal Engine getting you leads• Maximize your chances of finding great dealsShow notes:00:00 intro 02:54 Reviewing the deal05:53 Challenges and Costs of Landscape Lighting08:04 Complexity of Lighting Projects09:42 Size and Structure of the Business12:12 Importance of Having a Growth Plan13:30 Risk and Debt in Business Acquisitions17:50 Who should buy this deal? 27:00 Structuring the Acquisition Deal Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com

In this episode of Acquisitions Anonymous, Michael Girdley, Bill D'Alessandro, and Heather Endresen discuss buying an aircraft service center. They review the business details, noting its strong sales of $1.2 million and good profit margins. This episode is perfect for anyone interested in aviation and what it takes to run a niche service business.Check out the listing here: https://synergybb.com/listings/well-established-aircraft-service-center/Thanks to this week's sponsor:Have you thought about exiting your current online business or buying one to start a new journey as an entrepreneur but have no idea where to start? Unlock business opportunities with Boopos.com! Boopos is the #1 platform for buying and selling profitable online businesses with built-in acquisition financing for qualified buyers. At Boopos.com, you can source opportunities from Boopos exclusive listings and other marketplaces or bring your own proprietary deal flow for approval. Boopos can offer pre-approved financing for recurring revenue businesses, allowing you to access fast funding with no personal guarantees.Want to find out more? Go to go.boopos.com/michaelgirdley, sign up, and get qualified to sell your business or find your next deal.---Learn how to buy a business.If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course.You will learn:• Build a thesis for the type of business that's right for you‍• Learn how to stand out in a sea of buyers• Create a working, scalable Deal Engine getting you leads• Maximize your chances of finding great dealsShow Notes: 00:00 intro01:40 Private Planes and the $500 Hamburger04:21 The Dynamics and Safety of Plane Manufacturing05:00 The Price Range of General Aviation Planes06:50 Michael's anecdote09:10 Exploring the Business for Sale: An Aircraft Service Center11:37 The Risks and Challenges of Owning an Aircraft Service Center13:16 Is this a transferable business? 14:42  Why airports don't own this service?18:50 Did we find the business? 24:40 The Ideal Buyer  Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at contact@acquanon.com

Ryan Condie has bought and sold 8 companies over the last few years and is an active practicing business broker! He runs the podcast "Let's Buy A Business"You can find more about Ryan here:Apple Podcast: Let's Buy A BusinessYoutube: @letsbuyabusinessWant To Quit Your Job, Travel The World, & Replace 6 Figures Of Cashflow?

https://blog.thesaleswhisperer.com/p/josh-tolley-buy-a-business https://whisper.spiffy.co/checkout/12-weeks-to-peak-vip In this conversation, Wes interviews Josh Tolley, an experienced entrepreneur and author.  They discuss the misconceptions of buying and selling businesses, the importance of critical thinking and logical deduction, and the challenges of having rational discussions.  Josh shares his journey as an entrepreneur and the value of creativity and thinking outside the box. He also explains the process of buying profitable businesses and the scalability of managing multiple businesses.  The conversation highlights the importance of selling businesses at the right time and the table method for effective business management. In this conversation, Josh Tolley discusses the process of building a portfolio of businesses through acquisitions.  He emphasizes the importance of avoiding online scams and hiring a qualified broker to assist with the acquisition process.  Tolley also provides insights into considerations for location and working around SBA loan requirements. He highlights the need for thorough due diligence and research before making a purchase.  Additionally, Tolley shares his motivation for writing a book and discusses the challenges of introversion in public speaking. The conversation concludes with a discussion on negotiating price and terms, as well as the importance of engaging content. Takeaways Buying profitable businesses can be a faster and more successful path to entrepreneurship than starting from scratch. Critical thinking and logical deduction are essential skills for success in business and other areas of life. Doing what you love may not always lead to financial success, and it's important to consider the scalability and profitability of a business. Selling a business at the right time can be more profitable than holding onto it for too long. Managing multiple businesses requires trust in competent professionals and focusing on the key aspects of each business. Avoid online scams and hire a qualified broker when acquiring businesses. Thorough due diligence and research are essential before making a purchase. Consider location and work around SBA loan requirements. Negotiate beyond price to include additional terms and benefits.   00:00 Introduction and Technical Difficulties 01:12 Josh Tolley's Background and Experience 03:29 The Number of Businesses Josh Tolley Owns 04:00 The Misconceptions of Buying and Selling Businesses 05:03 The Bonding Moments of Different Generations 06:27 The Importance of Objective Truth and Logical Deduction 09:00 The Challenges of Having Rational Discussions 11:05 The Value of Critical Thinking and Creativity 12:18 The Success of D Students in Entrepreneurship 13:22 Josh Tolley's Academic Background and Journey 15:20 The Risk and Failure in Buying Businesses 20:22 The Pitfalls of Doing What You Love 23:08 The Affordability of Buying Businesses 25:57 The Importance of Selling Businesses at the Right Time 27:36 The Challenges of Managing Multiple Businesses 30:10 The Importance of Trust and Scalability in Business Ownership 31:25 The Table Method for Business Management 32:24 Building a Portfolio of Businesses 33:05 Avoiding Online Scams 34:22 The Importance of Hiring a Qualified Broker 35:09 Considerations for Location 35:38 Working Around SBA Loan Requirements 36:06 Choosing the Right Type of Business 37:07 Due Diligence and Research 38:15 The Role of Errors and Omissions Insurance 39:20 The Dangers of Insta Experts 40:20 Motivation Behind Writing a Book 42:06 Introversion and Public Speaking 43:18 The Temptation of Living in a Remote Location 44:13 The Challenges of Socializing 45:47 Negotiating Price and Terms 46:55 The Difficulty of Acquiring a Winery 48:17 The Importance of Price in Negotiations 50:38 Negotiating Beyond Price 52:27 Josh Tolley's Website and Podcast 53:20 Website Design and User Experience 55:13 The Logical Place Podcast 56:51 The Brain on the Microphone 57:19 The Importance of Engaging Content 57:48 The Dedication of the Cartoon Version of the Book   Market like you mean it. Now go sell something.   SUBSCRIBE to sell more, faster, at higher margins, with less stress, and more fun! https://www.youtube.com/@TheSalesWhispererWes ----- Connect with me: Twitter -- https://twitter.com/saleswhisperer TikTok -- https://www.tiktok.com/@thesaleswhisperer Instagram -- http://instagram.com/saleswhisperer LinkedIn -- http://www.linkedin.com/in/thesaleswhisperer/ Facebook -- https://www.facebook.com/wes.sandiegocrm Facebook Page -- https://www.facebook.com/thesaleswhisperer Vimeo -- https://vimeo.com/thesaleswhisperer Podcast -- https://feeds.libsyn.com/44487/rss Sales Book -- https://www.thesaleswhisperer.com/c/way-book   BUSINESS GROWTH TOOLS https://12WeeksToPeak.com https://CopyByWes.com https://CRMQuiz.com https://TheBestSalesSecrets.com https://MakeEverySale.com https://www.TheSalesWhisperer.com/

Get my new book: https://bronsonequity.com/fireyourself Download my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflation Welcome to this episode! Today, we're privileged to be joined by Joseph Wechsler, the CEO of VirtuAlly, a leading telehealth company, and a dynamic Managing Director at Blueline Ventures, a prominent middle-market business acquisition firm. With a knack for strategy execution, organizational transformation, and program management, Joseph brings a wealth of experience to our discussion. Join us as Joseph shares his insights into the world of business acquisition, drawing from his extensive background in leading strategic engagements across various industries, with a recent focus on healthcare providers. From small private practices to academic medical centers, Joseph has collaborated with top-tier executives, navigating the intricacies of buying and transforming businesses. In this episode, Joseph delves into the potential for acquiring small businesses in today's market, offering valuable guidance on navigating the acquisition process and emphasizing the importance of thorough upfront work. He also sheds light on the benefits and processes of passive investing in business acquisitions, highlighting operational considerations and the quest for the right investment opportunity. Whether you're an experienced entrepreneur or a budding investor, Joseph's insights promise to inform and inspire. Tune in now to gain exclusive access to Joseph Wechsler's expertise and unlock the secrets to success in the world of business acquisition. This episode is not to be missed! TIMESTAMPS 01:33 - Guest Introduction: Joseph Wechsler 02:27 - The potential for buying small businesses in the current market. 04:31 - Navigating the process of buying a business 09:29 - Experience with buying a business and the importance of upfront work. 15:31 - The benefits and process of passive investing in business acquisitions 20:00 - The operational aspects of buying a business 27:18 - Finding the right investment opportunity Connecting with the Guest: Website: https://www.virtually.io/about Linkedin: https://www.linkedin.com/in/josephwechsler/ #BusinessAcquisitionInsights #StrategicInvesting #IndustryExpertise

Buying a business? Maybe you've thought about it before. You could own a laundromat, self-storage facility, plumbing business, or landscaping service. It doesn't sound glamorous, but these types of businesses can make you millions of dollars and lead you to financial freedom. And, with so many baby boomers retiring, tons of small businesses with built-in customer bases are for sale, just waiting for YOU to come and make money from them. But before you buy, there are some things you should know. Elliott Holland, an expert in acquiring small and medium-sized businesses, helps aspiring business buyers uncover whether a business is worth the price. Elliot's team specializes in business due diligence, making sure that YOU don't buy a business that's worth less than what the owner/broker told you it was. Trust him; he's saved many new entrepreneurs from making million-dollar mistakes. So, before you buy a business, listen to this episode. In it, Elliot walks through exactly how a business is valued, which loans you can use to buy a business, why you CAN'T trust the financials from the current business owner, questions to ask before you buy, and who should even be buying a business in the first place. Do this right, and you could be sitting on lifetime financial freedom, but take a wrong turn, and you could lose millions (we'll share that story, too!). In This Episode We Cover How to buy a “boring business” that will lead you to financial freedom How businesses are valued and why you MUST understand “EBITDA” Tricky ways that business owners inflate their numbers to sell to you for more Who should (and definitely shouldn't) be buying small businesses  Three things you MUST look at before you make a bid on a business The wrong move that lost one business owner over $2,000,000 when buying a business And So Much More! Links from the Show BiggerPockets Money Facebook Group Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums Finance Review Guest Onboarding Join BiggerPockets for FREE Mindy on BiggerPockets Scott on BiggePockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Apply to Be a Guest on The Money Show Podcast Talent Search! Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Codie Sanchez: These “Boring Businesses” Will Make You Rich Leila and Alex Hormozi's Unbelievably Simple Investing Advice Sites to Buy Businesses: Acquire BizBuySell Flippa QuietLight Elliot's Resources From Today's Episode: LOI Template 12 Public Stories of Failed Due Diligence Success Stories Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-517 Learn more about your ad choices. Visit megaphone.fm/adchoices

Brett Curry (https://www.linkedin.com/in/thebrettcurry/) talks to Jeremy Horowitz (https://www.linkedin.com/in/jeremyhorowitz1/) about the current state of eCommerce.__Sponsored by OMG Commerce - go to (https://www.omgcommerce.com/contact) and request your FREE strategy session today!__Chapters: (00:00) Intro(01:58) The State of eCommerce(12:39) Constructing a Healthy P&L(22:48) Would We Buy This Business? (38:38) The Importance of Focusing on Core Customers(43:29) LVMH: The Ultimate Luxury Company(48:44) Outro__Links: Jeremy Horowitz: https://www.linkedin.com/in/jeremyhorowitz1/ Let's Buy A Biz!: https://www.letsbuyabiz.xyz/ __Connect With Brett: LinkedIn: https://www.linkedin.com/in/thebrettcurry/ YouTube: https://www.youtube.com/@omgcommerce Website: https://www.omgcommerce.com/ __Past guests on eCommerce Evolution include Ezra Firestone, Steve Chou, Drew Sanocki, Jacques Spitzer, Jeremy Horowitz, Ryan Moran, Sean Frank, Andrew Youderian, Ryan McKenzie, Joseph Wilkins, Cody Wittick, Miki Agrawal, Justin Brooke, Nish Samantray, Kurt Elster, John Parkes, Chris Mercer, Rabah Rahil, Bear Handlon, Trevor Crump, Frederick Vallaeys, Preston Rutherford, Anthony Mink, Bill D'Allessandro, Bryan Porter and more. __Other episodes you might enjoy: Episode 266 with Cody Wittick - Influencer Marketing and How To Create a Creative Flywheel in 2024Episode 263 with Anthony Mink - Cut Your CPA in Half by Asking Better QuestionsEpisode 260 with Preston Rutherford - Lessons From Chubbies with Co-Founder Preston RutherfordEpisode 243 with Jacques Spitzer - Achieving Exit Velocity with YouTube AdsEpisode 228 with Jeremy Horowitz - The State of eCommerce, The Economy, and What To Do Next

For the show notes:Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 11th:https://www.malaunchpad.com & enter code ACQUIRINGMINDSAt age 63, Maurice Thomas wasn't ready to retire, so he bought an electrical contractor with $1m in earnings instead.Topics in Maurice's interview:Buying a business after age 60Learning the right amount of diligence to do before submitting an LOIImportance of a target statement for searchersHis values-first approach to businessImportance for searchers to “know thyself”Politics and religion in the workplaceGratifying work of coaching employeesHis succession planChallenge of hiring lead electriciansCreating incentives that align with company goalsReferences and how to contact Maurice:LinkedInMaurice@MainLineElectric.netMain Line ElectricalWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:Matthias Smith of Pioneer Capital AdvisoryGet a complementary pre-acquisition HR & PEO review for your target business:Contact mark@aspenhr.com or visit Aspen HRConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter

Diane Rosenkrant has served as a Senior Consultant with Tenet Financial Group since 2009. She is detail-oriented which is so critical with tricky 401K ROBS. This is a special episode and can be A GAME-CHANGER for many.   ROBS 401K - Rollover as a Business Start-Up Podcast Nuggies: What is a 401k ROBS? What can a ROBS 401K be used for? What mistakes do people make? Sponsors: Ampleo: The Go-To Source for Financial Due Diligence  Ready to level up? Join the Let's Buy a Business Community  Use Code: Founder24 for 30% forever and a free 1:1 call with me. YouTube - Need more hands-on videos?  Newsletter - Stay Up to Date  Contact Diane: Email: diane@tenetfinancialgroup.com  Phone #: 413-354-4662 TenetFinancialGroup.com

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Unlock the secrets of successful business acquisitions with Carl Allen, an experienced entrepreneur with over 400 acquisitions, as he shares unique insights, creative deal-making strategies, and the art of combining businesses for higher returns in this episode of the Wealthy Way podcast!---Want to be coached by me on real estate investing? Join our Wealthy Investor program today at https://wealthyinvestor.com/podcast---Connect with Carl! YouTube -  @carlallenofficial  Website - https://dealmakerwealthsociety.com/Instagram - https://www.instagram.com/carlallenofficial/In this podcast, Carl Allen, a seasoned entrepreneur with over 400 business acquisitions, shares insights into the art of buying and selling businesses. Transitioning from a Wall Street background, Carl now coaches individuals seeking to exit the traditional employment structure and become entrepreneurs.Carl specializes in creative deal-making, outlining four ways to acquire a company, involving aspects like supply chains, equity, and marketing. He emphasizes the strategic value of combining businesses, akin to successful instances like Facebook's acquisition of Instagram.Advocating for buying businesses over starting them, Carl highlights the lower risk, ease, speed, and higher returns associated with acquisitions. He suggests choosing businesses aligned with personal passion and values, bringing value to the acquired venture. For those lacking expertise, he recommends partnering with someone who complements the business skill set.While selling a business can be challenging for owners, especially with the transition of control while continuing to work there, cultural alignment is deemed crucial for success. Carl conducts cultural assessments before acquiring businesses, avoiding ventures conflicting with his Christian values, such as those in industries like cannabis and gambling.Upon successfully acquiring a business, Carl indulges in a unique celebration – purchasing and assembling a $1,000 Lego set for relaxation and enjoyment. He incentivizes operators with a stake of 5-20%, adjusting the percentage to enhance motivation. Carl's criteria for acquisitions include a focus on cash-flowing businesses, emphasizing the importance of entrepreneurs functioning as true visionaries rather than mere employees.Despite his extensive business portfolio, Carl expresses a deep attachment to his coaching business, structuring it to function seamlessly without his direct involvement. While he assists students by acquiring relevant businesses, Carl remains committed to the coaching venture, having no immediate plans to sell it.