
Entrepreneurs on Fire How to Buy a Business, Without Investing Your Own Cash with Carl Allen
58 snips
Dec 25, 2021 AI Snips
Chapters
Transcript
Episode notes
Networking for Deals
- Network to find business acquisition deals instead of relying solely on brokers.
- Leverage LinkedIn, Facebook, and online forums for better opportunities.
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.
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.
