Podcasts about buy a business

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Best podcasts about buy a business

Latest podcast episodes about buy a business

Owned and Operated
#216 How One Operator Is Making Big Waves in Business Acquisitions

Owned and Operated

Play Episode Listen Later Jun 27, 2025 46:39 Transcription Available


Want to buy a small business using smart deal structures like earnouts, seller financing, and low-risk offers? In this episode of Jackquisitions, host Jack Carr sits down with Chris Barr, a first-time buyer navigating the ups and downs of business acquisitions—from walking away from bad fits to crafting a $900K cash-plus-earnout offer for a pressure washing company.Learn how Chris is sourcing off-market deals, avoiding shady broker tactics, and building a personal brand that attracts sellers. You'll get a behind-the-scenes look at how new acquirers can finance service businesses, evaluate seller terms, and structure deals that actually close. If you're buying a business or scaling through acquisition, this episode is packed with actionable insight.⚡ What you'll learnWhy Chris walked away from an art-framing shop that didn't fit his criteriaHow a pool-route deal fell through—and the red flags you should watch for with brokersThe numbers behind a $900 K cash-at-close + earnout offer for a thriving pressure-washing businessProven frameworks for earnouts, seller notes, and revenue-share agreements that reduce risk and align incentivesTips for building a credible personal brand (see his Quick Staffers journey) to source off-market dealsStep-by-step due-diligence tactics, valuation shortcuts, and negotiation language you can use todayWhen to pivot, when to persist, and how to decide if a deal really moves the needleWhether you're a first-time buyer, an operator expanding a portfolio, or a service-business owner curious about exits, this conversation is packed with actionable M&A strategy, deal structuring hacks, and outreach scripts that close.

Financial Freedom for Physicians with Dr. Christopher H. Loo, MD-PhD

Using an SBA loan could be your smartest move to escape the corporate grind and become a business owner. In this episode, Louis Kim—private equity expert and founder of Uson Capital—reveals how you can leverage SBA-backed financing to achieve financial freedom through small business acquisition.We explore the real-world mechanics of buying a business using an SBA loan, including eligibility, deal structuring, and how professionals with no prior ownership experience can use this tool to step into profitable, cash-flowing companies. Louis breaks down the risk versus reward, explains why this is a smarter play than starting from scratch, and guides you toward building an ownership mindset.If you've been Googling questions like:"How do I buy a business with no money down?""Is an SBA loan good for buying a business?""What's a realistic exit strategy from a high-stress job?"This conversation has your answers.We also discuss the coming wave of wealth transfer from aging baby boomers, and how this creates a massive opportunity for new owners. Plus, Louis shares why he started an entrepreneurial coaching program, The Owner's Path, to empower professionals like you.Whether you're ready to ditch your W-2, curious about private equity, or just exploring smarter investment options, this episode gives you actionable insight and strategic clarity.00:00 – Welcome & intro to Louis Kim01:00 – From family business to private equity02:00 – Baby boomers and the $84 trillion wealth transfer03:00 – Understanding the ideal client and their pain points04:00 – Why now is the time for small business acquisition06:00 – What is an SBA loan and how it works08:00 – The difference between buying vs. starting a business10:00 – Purpose behind The Owner's Path and entrepreneurial coaching12:00 – Burnout, reflection, and discovering an ownership mindset14:00 – Integrating capitalism with consciousness15:30 – How to connect with Louis KimTo check out the YouTube (video podcast), visit: https://www.youtube.com/@drchrisloomdphdDisclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show.  Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphdWe couldn't do it without the support of our listeners. To help support the show:CashApp- https://cash.app/$drchrisloomdphdVenmo- https://account.venmo.com/u/Chris-Loo-4Spotify- https://podcasters.spotify.com/pod/show/christopher-loo/supportBuy Me a Coffee- https://www.buymeacoffee.com/chrisJxClick here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-onlineClick here to check out our bookstore, e-courses, and workshops: https://www.drchrisloomdphd.com/shopClick here to purchase my books on Amazon: https://amzn.to/2PaQn4pFor audiobooks, visit: https://www.audible.com/author/Christopher-H-Loo-MD-PhD/B07WFKBG1FFollow our YouTube channel: https://www.youtube.com/chL1357Follow us on Twitter: https://www.twitter.com/drchrisloomdphdFollow us on Instagram: https://www.instagram.com/thereal_drchrislooFollow us on Threads: https://www.threads.net/@thereal_drchrislooFollow us on TikTok: https://www.tiktok.com/@drchrisloomddphdFollow our Blog: https://www.drchrisloomdphd.com/blogFollow the podcast on Spotify: https://open.spotify.com/show/3NkM6US7cjsiAYTBjWGdx6?si=1da9d0a17be14d18Subscribe to our Substack newsletter: https://substack.com/@drchrisloomdphd1Subscribe to our Medium newsletter: https://medium.com/@drchrisloomdphdSubscribe to our LinkedIn newsletter: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6992935013231071233Subscribe to our email list: https://financial-freedom-podcast-with-dr-loo.kit.com/Thank you to all of our sponsors and advertisers that help support the show!Financial Freedom for Physicians, Copyright 2025

Owned and Operated
#210 Trying to Buy a Business: Here's What No One Tells You

Owned and Operated

Play Episode Listen Later Jun 13, 2025 54:01 Transcription Available


 In this episode we're back with part two of the Chris Barr series on Jackquisitions. Chris is three months into his journey to acquire a business in Florida, and he's bringing real updates from the trenches. From opportunity cost and deal dynamics to cold outreach and broker networks, this episode is packed with hard-won insights from an active business searcher. We dive into the pros and cons of a pool service business he's evaluating, the realities of navigating employee classification, and how acquisition imperfections are often just part of the game. Chris breaks down the lessons learned so far—from generating leads to refining search strategies—and why growth, not just debt repayment, should be the north star in any acquisition strategy.If you're in the search phase or thinking about acquiring a service business, this is a front-row seat to the messy, insightful, and exciting reality of buying a company.

Best of Business
Kerre Woodham: Is it feasible to leave your job and buy a business?

Best of Business

Play Episode Listen Later Jun 10, 2025 6:29 Transcription Available


If you turned up to work yesterday, first day of a new week, with a bad case of Mondayitis, feeling like you're getting nowhere working for the man, thinking now is the time in your life when you should be the master of your own destiny, making your own decisions, getting the true reward for your labours, well join the queue. Buyer demand for New Zealand businesses is on the up with large business brokerage firm LINK reporting a record 19% year-on-year increase in would-be buyers signing confidentiality agreements, even though times are tough. You would think in a relatively depressed economy that people would stay put, that going out on your own would be the last thing you'd want to do, but no. It's not just LINK, ABC Business Sales CEO Chris Small also reported a record number of sales. He said business sales were countercyclical to unemployment, with people looking to buy themselves into a job when employment opportunities dry up or they're made redundant. He says right now there's a lack of stock, listings were down 10%, while the number of buyers looking to buy a business was up 30%. You can put that down to immigration, a significant number of would-be buyers are immigrants, but Small says a growing number of those who are just sick of working for other people. “It's becoming a real thing that people are coming to us and going, you know what I'm sick of, I'm sick of working for a big corporate. It's too woke or it's too annoying. I don't like my boss, and I want that financial freedom where actually, if they work really hard, you get rewarded. If you don't work hard, you're obviously going to be in a bit of trouble versus in corporate New Zealand - you can probably work pretty hard and not necessarily get rewarded for the hours you put in.” Now, when I've talked to people who own their own businesses, who are one of the myriad small to medium businesses that are the backbone of the business economy, a lot of them grew up with parents who had their own business. That's the way they saw the world. That you had your own business, that you worked as a team, husband and wife within the business, the kids quite often helped out, and so it was the culture of your family, was to own your own business. In our family, it was a bit different. My dad was adamant that my brother and I should get good jobs. When I signed up to the Broadcasting Corporation of New Zealand and my brother was an officer in the New Zealand Army, that was it for him. It was job done. We both had good, safe, secure jobs. Wonder how we'd look at the media landscape right now, but for him, it was getting a good, secure job. That was the dream. And I'm really interested in those people who are leaving paid employment. Leaving a corporate or middle management role and deciding to go out and buy a business. Can you actually make a go of it if it's not in your bones? If it's not in your in your blood? Because running your own business is hard work and I wonder if people underestimate that when they think no, I'm going to buy myself a little business and everything will be tickety-boo. I won't have to answer to anybody if I work hard, I'll get the return on it, it won't be going to anybody else. If I want to take Saturday off then I can. Well, can you? I mean, most of the business owners I know, especially in the early days of the business, were working seven days a week. Can you actually become a business owner later in life, without any kind of experience? Running your own business – it's not for the faint hearted. I totally understand that for people who don't enjoy their jobs, turning up, sitting down at the hot desk and finding filth is the first thing you do to start your day, having some overpaid tit telling you what to do and when to do it would be really grinding. You know, endless, pointless meetings would sap your soul. And I totally understand the desire to pick up your jacket, walk out, and start doing it for yourself. I'd be really interested to hear from people's experiences and those of you who are business owners, who have been business owners since you left school. And what your words to these would-be businesspeople, what your words of wisdom might be to them. What would you tell those who are looking to leave the corporate world, where they've been a paid employee for the most of their working life, they're now in their 30s or 40s, and they've had a gutsful. And they want to buy a business and get out there and make something of themselves. What would you tell them? See omnystudio.com/listener for privacy information.

Kerre McIvor Mornings Podcast
Kerre Woodham: Is it feasible to leave your job and buy a business?

Kerre McIvor Mornings Podcast

Play Episode Listen Later Jun 10, 2025 6:25 Transcription Available


If you turned up to work yesterday, first day of a new week, with a bad case of Mondayitis, feeling like you're getting nowhere working for the man, thinking now is the time in your life when you should be the master of your own destiny, making your own decisions, getting the true reward for your labours, well join the queue. Buyer demand for New Zealand businesses is on the up with large business brokerage firm LINK reporting a record 19% year-on-year increase in would-be buyers signing confidentiality agreements, even though times are tough. You would think in a relatively depressed economy that people would stay put, that going out on your own would be the last thing you'd want to do, but no. It's not just LINK, ABC Business Sales CEO Chris Small also reported a record number of sales. He said business sales were countercyclical to unemployment, with people looking to buy themselves into a job when employment opportunities dry up or they're made redundant. He says right now there's a lack of stock, listings were down 10%, while the number of buyers looking to buy a business was up 30%. You can put that down to immigration, a significant number of would-be buyers are immigrants, but Small says a growing number of those who are just sick of working for other people. “It's becoming a real thing that people are coming to us and going, you know what I'm sick of, I'm sick of working for a big corporate. It's too woke or it's too annoying. I don't like my boss, and I want that financial freedom where actually, if they work really hard, you get rewarded. If you don't work hard, you're obviously going to be in a bit of trouble versus in corporate New Zealand - you can probably work pretty hard and not necessarily get rewarded for the hours you put in.” Now, when I've talked to people who own their own businesses, who are one of the myriad small to medium businesses that are the backbone of the business economy, a lot of them grew up with parents who had their own business. That's the way they saw the world. That you had your own business, that you worked as a team, husband and wife within the business, the kids quite often helped out, and so it was the culture of your family, was to own your own business. In our family, it was a bit different. My dad was adamant that my brother and I should get good jobs. When I signed up to the Broadcasting Corporation of New Zealand and my brother was an officer in the New Zealand Army, that was it for him. It was job done. We both had good, safe, secure jobs. Wonder how we'd look at the media landscape right now, but for him, it was getting a good, secure job. That was the dream. And I'm really interested in those people who are leaving paid employment. Leaving a corporate or middle management role and deciding to go out and buy a business. Can you actually make a go of it if it's not in your bones? If it's not in your in your blood? Because running your own business is hard work and I wonder if people underestimate that when they think no, I'm going to buy myself a little business and everything will be tickety-boo. I won't have to answer to anybody if I work hard, I'll get the return on it, it won't be going to anybody else. If I want to take Saturday off then I can. Well, can you? I mean, most of the business owners I know, especially in the early days of the business, were working seven days a week. Can you actually become a business owner later in life, without any kind of experience? Running your own business – it's not for the faint hearted. I totally understand that for people who don't enjoy their jobs, turning up, sitting down at the hot desk and finding filth is the first thing you do to start your day, having some overpaid tit telling you what to do and when to do it would be really grinding. You know, endless, pointless meetings would sap your soul. And I totally understand the desire to pick up your jacket, walk out, and start doing it for yourself. I'd be really interested to hear from people's experiences and those of you who are business owners, who have been business owners since you left school. And what your words to these would-be businesspeople, what your words of wisdom might be to them. What would you tell those who are looking to leave the corporate world, where they've been a paid employee for the most of their working life, they're now in their 30s or 40s, and they've had a gutsful. And they want to buy a business and get out there and make something of themselves. What would you tell them? See omnystudio.com/listener for privacy information.

The Business Development Podcast
Why You Should Buy a Business Instead of Starting One with Jory Evans

The Business Development Podcast

Play Episode Listen Later Jun 8, 2025 87:35 Transcription Available


In Episode 244, Kelly Kennedy welcomes back powerhouse entrepreneur and Built to Lead podcast host Jory Evans for a bold conversation that challenges conventional business thinking. Jory shares how he scaled Evans Trucking from a single unit into a diversified empire with over 100 trucks, a heavy-duty mechanic shop, and a construction company — all rooted in disciplined leadership and a values-driven approach. But the real gold? Jory reveals why buying a business can be a smarter, faster path to success than starting from scratch — and how he's leveraging acquisitions to scale even further.This episode dives deep into the mindset, discipline, and execution required to grow during downturns, navigate economic pressure, and turn chaos into momentum. Jory breaks down the realities of vendor financing, why most self-help never gets applied, and the critical difference between learning and doing. If you've ever considered acquiring a business or want to understand what real growth looks like in 2025, this is a must-listen conversation packed with actionable insight.Key Takeaways: 1. Buying a business can be less risky and more strategic than starting one from scratch, especially in a buyer's market with aging business owners looking to exit.2. Execution matters more than information — most people consume self-help and business content but never apply it. Discipline and follow-through are what create real growth.3. Vendor financing is a powerful acquisition tool, allowing buyers to structure win-win deals while keeping sellers invested in the business's success post-sale.4. Writing things down is the first step to execution — it turns ideas into actions and creates lasting momentum.5. Your business will never outgrow you as a leader — personal development and intentional growth are essential if you want your company to scale.6. Downturns are the best time to grow — while others pull back, leaning in with momentum and clarity can position you to dominate when the market rebounds.7. You don't need to reinvent the wheel — acquiring a business with proven systems, clients, and revenue is often a smarter path than starting from zero.8. Carbon tax and government policy have a direct and devastating impact on logistics and food costs, and leaders must understand how these forces affect their industry.9. The fastest growth happens when you combine operational experience with strategic insight — knowing your numbers, your levers, and your people is non-negotiable.10. You must evaluate every acquisition based on synergy, upside, and culture — if it doesn't align with your values or offer true value-add, walk away.Companies mentioned in this episode: Evans Trucking Built to Lead Capital Business DevelopmentTo explore upcoming business development courses, one-on-one coaching opportunities, and to join our private community of entrepreneurs, business developers, and growth-focused leaders — visit kellykennedyofficial.com. Inside, you'll find access to The Catalyst Club, our exclusive members-only private network where we connect, collaborate, and grow together through live events, coaching, and powerful peer support. Whether you're looking to sharpen your skills or scale your business, this is where serious builders come to win.

Owned and Operated
#204 Top 5 Key Experts You NEED to Buy a Business in 2025

Owned and Operated

Play Episode Listen Later May 30, 2025 13:22 Transcription Available


In this episode of Jackquisitions, we break down the essential expert team every acquisition entrepreneur must build before buying a business. Whether you're acquiring your first HVAC company or scaling into multiple service businesses, assembling the right support system can make or break your deal.From legal frameworks to SBA loan processing, we cover the professionals who will help you move quickly, avoid costly mistakes, and access high-quality deals. Plus, we spotlight post-acquisition roles that keep your operations tight—like a skilled bookkeeper and a rock-solid insurance broker.If you're planning to buy a business in 2025, this is your checklist.

The #WhatsNext Podcast
Ep 492 - Can I Get A Loan To Buy A Business In New Zealand?

The #WhatsNext Podcast

Play Episode Listen Later May 18, 2025 23:47


This is a common question we hear, people are so used to using debt to buy property or vehicles that they often don't stop to consider whether they can use finance to buy a business. The short answer is yes, but there's a lot to think about. In this podcast, we'll walk you through the key considerations if you're thinking about using finance to purchase a business.Find us here: Book a call with us: https://nextadvisory.nz/#book-online Visit our Instagram page: https://www.instagram.com/nextadvisory.nz/Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about

David C Barnett Small Business & Deal Making
Buy a Business- No Money Assets or Experience

David C Barnett Small Business & Deal Making

Play Episode Listen Later May 7, 2025 27:53


***New Video Alert! Everyone is getting rich with Boomer business sales in the Silver Tsunami. Do you feel left out? This week, I respond to a wave of broke business buyers who we've met and I'll let you know why you're facing frustration AND- WHAT TO DO ABOUT IT. Watch this week's video here: https://youtu.be/C9immXZZOdw Cheers See you over on YouTube David C Barnett

Built to Lead with Jory Evans: Tactical Business Advice, Practical Leadership Principles

If you know someone who wants to sell their business, message me on Instagram:http://www.instagram.com/joryevans Join Jory and Tyler as they reveal why buying an established business beats starting from scratch. Get practical tips on building relationships with owners, creative financing, and navigating negotiations. With Jory's real-world stories and Tyler's insightful questions, you'll learn exactly how to make your first acquisition a success.

M&A Talk (Mergers & Acquisitions), by Morgan & Westfield
For Buyers: How to Buy a Business with Your Retirement Funds

M&A Talk (Mergers & Acquisitions), by Morgan & Westfield

Play Episode Listen Later May 5, 2025 35:32


Did you know that you can use your retirement funds to buy a business? Jeremy Ames, co-founder and CEO of Guidant Financial, explains how individuals can invest in a business using a 401(k) rollover. This episode of M&A Talk covers the basics of a 401(k) rollover, including the requirements, the risks, and how to replenish your 401(k) after the sale is done. View the complete show notes for this episode.   Want To Learn More?  Retirement Funds Financing When Buying or Selling a Business Small Business Acquisition Financing Morgan & Westfield's Buyer's Guide Guidant Financial   Additional Resources Selling your business? Schedule a free consultation today. Download The Art of The Exit: The Complete Guide to Selling Your Business Download Acquired: The Art of Selling a Business With $10 Million to $100 Million in Revenue   If you have any topic or guest suggestions, please email them to podcast@morganandwestfield.com.  

Millionaire University
The AI Hack That Helps You Buy a Business in 2025 | Nik Hulewsky

Millionaire University

Play Episode Listen Later Apr 24, 2025 50:49


#362 What if you could tap into an AI-powered business coach — one that's available 24/7, never forgets a conversation, and helps you find, evaluate, and negotiate your next business acquisition? In this episode hosted by Brien Gearin, serial entrepreneur and podcast host Nik Hulewsky returns to the show to break down how he's leveraging AI to find and buy businesses faster and smarter than ever before. Nik shares real-world examples of how AI is being used to save time, cut costs, and make better decisions — from analyzing contracts to summarizing investor calls and brainstorming deal structures. Whether you're AI-curious or already experimenting, Nik explains exactly how to start, what tools to use, and how to train AI to become your smartest business advisor! What we discuss with Nik: + AI as a business advisor + Using AI to buy businesses + Recording and summarizing meetings + Training AI with personal context + GPTs for contract analysis + Four C's of effective prompting + Why agents are overhyped (for now) + Future-proofing your business with AI + Avoiding the AI adoption gap + Real-world AI business use cases Thank you, Nik! Check out Nikonomics at NikonomicsPod.com. Follow Nik on Twitter. Watch the video podcast of this episode! And follow us on: Instagram Facebook Tik Tok Youtube Twitter To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices

Wealth Formula by Buck Joffrey
502: Should You Buy a Business?

Wealth Formula by Buck Joffrey

Play Episode Listen Later Apr 13, 2025 33:15


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!

curious sba buy a business wealth formula podcast
Blue Collar Millionaire Podcast
From Entry-Level to Equity: Navigating the Blue Collar Boom

Blue Collar Millionaire Podcast

Play Episode Listen Later Apr 11, 2025 11:07


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.

Dropping Bombs
How to Buy a Business in 2025 (Even if You're Broke)

Dropping Bombs

Play Episode Listen Later Apr 5, 2025 47:45


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.  

Price of Business Show
Gene Townley- Job Losses, Resignations, Market Turmoil: Why It's a Great Time To Buy a Business

Price of Business Show

Play Episode Listen Later Apr 3, 2025 11:38


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

The Journey with Morgan DeBaun
Live Coaching with Morgan: Should Simbi Buy a Business? ft. Rewrite Your Rules Framework

The Journey with Morgan DeBaun

Play Episode Listen Later Apr 1, 2025 43:47


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.

Franchise Secrets Podcast
Buy a Business, Not a Job – The Franchisee Wake-Up Call

Franchise Secrets Podcast

Play Episode Listen Later Apr 1, 2025 46:43


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: 

How2Exit: Mergers and Acquisitions of Small to Middle Market Businesses
E272: How to Buy a Business with Almost No Money: SBA Loan Strategies & Franchise Goldmines

How2Exit: Mergers and Acquisitions of Small to Middle Market Businesses

Play Episode Listen Later Mar 12, 2025 53:15


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/--------------------------------------------------

Behind The Thread
Ex Private Equity: “It's So F#@cking Easy!” How To Buy A Business With No Cash | Codie Sanchez

Behind The Thread

Play Episode Listen Later Mar 10, 2025 65:37


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.

The Veteran (Semi) Professional
Ep. 233: What Happens When You Buy a Business and It Fails? Real Talk on Failing with Air Force Veteran Jed Morris

The Veteran (Semi) Professional

Play Episode Listen Later Feb 26, 2025 71:47


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.  

The Disruptive Entrepreneur
Why You Should Buy a Business with Codie Sanchez

The Disruptive Entrepreneur

Play Episode Listen Later Feb 24, 2025 72:14


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

Lifetime Cash Flow Through Real Estate Investing
Ep #1,066 - How to Buy a Business with No Money Down (Step-by-Step)

Lifetime Cash Flow Through Real Estate Investing

Play Episode Listen Later Feb 10, 2025 51:44


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  

Lifetime Cash Flow Through Real Estate Investing
Ep #1,066 - How to Buy a Business with No Money Down (Step-by-Step)

Lifetime Cash Flow Through Real Estate Investing

Play Episode Listen Later Feb 10, 2025 51:44


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  

Acquiring Minds
How a Couple Left Tech to Buy a Business Together

Acquiring Minds

Play Episode Listen Later Jan 27, 2025 76:36


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

The Financial Momentum Podcast
113. Buy A Business Or Start A New Business?

The Financial Momentum Podcast

Play Episode Listen Later Jan 14, 2025 20:10


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.

David C Barnett Small Business & Deal Making
How Much Money Do I Need To Buy A Business

David C Barnett Small Business & Deal Making

Play Episode Listen Later Dec 4, 2024 13:23


***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

David C Barnett Small Business & Deal Making
Buy A Business Without A License WARNINGS

David C Barnett Small Business & Deal Making

Play Episode Listen Later Nov 13, 2024 25:52


***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

The Action Academy | Millionaire Mentorship for Your Life & Business
Every Question You've Wanted To Ask A Business Broker (w/ Ryan Condie - A Business Broker)

The Action Academy | Millionaire Mentorship for Your Life & Business

Play Episode Listen Later Nov 7, 2024 46:16


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?

Rich Habits Podcast
87: How to Buy a Business (Step-by-Step)

Rich Habits Podcast

Play Episode Listen Later Oct 21, 2024 52:53


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!

the unconventional attorney
Two MUST DO tax strategies the first year you buy a business car.

the unconventional attorney

Play Episode Listen Later Oct 18, 2024 0:47


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.

People With Purpose
Kevin Henderson - Why You Should Buy A Business And How To Make Sure It´s Right For You

People With Purpose

Play Episode Listen Later Oct 15, 2024 66:58


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 

WFH with 2 Guys
Are you Ready to Sell or Buy a Business?

WFH with 2 Guys

Play Episode Listen Later Oct 15, 2024 24:07


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

Nikonomics - The Economics of Small Business
65 - Why Everyone SHOULDN'T Buy a Business with Chelsea Wood

Nikonomics - The Economics of Small Business

Play Episode Listen Later Oct 2, 2024 55:56


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?___________________________

Investor Financing Podcast
How To Buy A Business with Seller Financing

Investor Financing Podcast

Play Episode Listen Later Sep 30, 2024 4:21


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/ )

AdBits
Episode 210 - ROBS vs Self-Directed IRA to Buy a Business

AdBits

Play Episode Listen Later Sep 24, 2024 11:28


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.

The Laundromat Resource Podcast
167. So You Wanna Buy a Business with Keira Hamilton

The Laundromat Resource Podcast

Play Episode Listen Later Aug 20, 2024 94:40


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

More than a Few Words
#1043 Maybe You Should Buy a Business | Deb Curtis

More than a Few Words

Play Episode Listen Later Aug 13, 2024 10:49


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

Acquisitions Anonymous
Is Buying a Celebrity Bourbon Business for $3M Worth It?

Acquisitions Anonymous

Play Episode Listen Later Jul 12, 2024 42:44


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

Acquisitions Anonymous
$5.5M EBITDA Artificial Turf Deal: The Grass Might Be Greener

Acquisitions Anonymous

Play Episode Listen Later Jun 28, 2024 29:27


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

Business with Beers
Ep 212: Seller Financing: The Best Way to Buy a Business?!?

Business with Beers

Play Episode Listen Later Jun 25, 2024 14:50


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

Acquisitions Anonymous
Wok and Roll: From $3.9M to $6.8M Asian Specialty Food Distributor - Acquisitions Anonymous 308

Acquisitions Anonymous

Play Episode Listen Later Jun 21, 2024 27:34


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

Acquisitions Anonymous
Flush With Cash Business: A $2.5M EBITDA Bathroom Partition Business

Acquisitions Anonymous

Play Episode Listen Later Jun 18, 2024 27:22


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

Acquisitions Anonymous
A $475k Custom Aquariums Business for High-End Clients in Atlanta - Acquisitions Anonymous 302

Acquisitions Anonymous

Play Episode Listen Later May 31, 2024 28:51


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

Acquisitions Anonymous
A $7.5Million Renowned American Brand of Vacuum Cleaners & Blowers

Acquisitions Anonymous

Play Episode Listen Later May 28, 2024 36:12


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

Acquisitions Anonymous
A $1.4M Preschool Business in LA: Preschool Profit or Pitfall? - Acquisitions Anonymous 299

Acquisitions Anonymous

Play Episode Listen Later May 21, 2024 25:19


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

The Action Academy | Millionaire Mentorship for Your Life & Business
The Do's And Don'ts Of Small Business Buying (From A Business Broker) w/ Ryan Condie

The Action Academy | Millionaire Mentorship for Your Life & Business

Play Episode Listen Later Apr 23, 2024 40:45


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?

BiggerPockets Money Podcast
517: Everything You Need to Know Before You Buy a Business

BiggerPockets Money Podcast

Play Episode Listen Later Apr 5, 2024 48:23


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

The Ryan Pineda Show
How to Buy A Business With No Money in 2024 | Carl Allen

The Ryan Pineda Show

Play Episode Listen Later Feb 2, 2024 49:58


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.