Entrepreneurs on Fire

How to Buy a Business, Without Investing Your Own Cash with Carl Allen

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Dec 25, 2021
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ADVICE

Networking for Deals

  • Network to find business acquisition deals instead of relying solely on brokers.
  • Leverage LinkedIn, Facebook, and online forums for better opportunities.
ADVICE

Building a Network

  • Build a network by connecting with CPAs, attorneys, and financial advisors.
  • Many business owners avoid brokers, sharing sale intentions with these professionals instead.
ADVICE

Evaluating Businesses

  • Evaluate businesses by analyzing financials (recurring revenue, cash flow, debt) and qualitative factors.
  • Hire a CPA for thorough due diligence after making an offer.
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