How to Buy a Business

My adventures in buying my first business.

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Tuesday, November 23, 2010

Startup capital

Hilarious video on how to find startup capital. Watc this whether you are chasing venture capital or angel capital.

Tuesday, August 24, 2010

How to Buy a Business Course

How to Buy a Business

Do you want to buy a business? Don't have enough money? Where does the money come from when you want to buy a business? Some will try to tell you that it will come from the SBA via banl loan guarantees and such.

Fuggetaboutit!

If you want to leran how to buy a business and pay for it, forget about the SBA.

How to buy a business course.

Monday, July 19, 2010

How to Buy a Business With No Money down

How to Buy a Business With No Money Down

You learn something new everyday. If you wondered how it is possible to buy a business with no money down, wonder no more.

How to Buy a Business With No Money Down

Good reading if you are learning how to buy a business.

Thursday, July 15, 2010

How to Buy a Business

How to Buy a Business Course

Many are the benefits of purchasing an existing business over starting one from scratch. Let's consider a few of these to help you decide which route to go.

- Tangible assets tend to be very essential when you're purchasing a company. Whenever you price a small business, assets are usually an essential component. Together with purchasing a company, you're obtaining essential property which allow you to carry out business as usual. As a owner, a person will not lose time or cash establishing a company. With the purchase of a business, stock has already been in place as well as the employees and customers.

- Financing is another factor. A existing business is looked upon more favorably by lenders such as banks than a new start-up because it's easier to determine a valuation for it. This improves your chances of attracting money.

-Attractiveness, When going with the option of buying a business that is for sale, the buyer can select one that appeals to his or her interests. Despite the fact that you purchase a new company already in existence, it may nevertheless be treated as a start-up since you will bring your unique talents vision to the existing business.

- Variety of choice. Buy a business offers a range of opportunities from very small mom and pop businesses to big corporations. business franchises are yet another option. Whichever purchase business route you take, conducting a business valuation is important. When you value a business, you can be assured that the price you are paying to own a business is fair.

An established business has a verifiable track record of historical data on its past financial performance, market, competition. This helps the buyer and lender to set a value for it. You can buy business as is and incorporate your ideas for improvement.

- True Value. - True Value. A company for purchase offers present affluence . The actual enterprise consists of everything you need to continue on seamlessly with the business. The business valuation is an important step to ensuring you are getting a profitable enterprise. When you value a business, other factors beyond it being financially sound need to be taken into consideration, including tangibles and intangibles included in the sale. When you purchase a business, you also have to make up your mind whether it's a stock or asset purchase. All of these issues should be covered in the business valuation phase.

In contrast to a new business, whenever an individual buys a business, they are don't have to worry about finding the best location, it's already been found for them. Furthermore, the equipment & supplies, vendors, licensing & permits, staff & employees, brand recognition, and marketing & promotions are all in place already for the new owner. However in the event that you've want to start a new business yourself and suffer all the headaches that go with it, then buying a business is not for you. If you prefer own business that you create yourself, then a startup most likely best suits your entrepreneurial persona. Nevertheless, in the event that you have always wanted to operate a business, then a company for purchase is your finest choice.

That is what I have learned so far.

Friday, July 9, 2010

How to Buy a Business: Creative Financing Using an Earnout

How to Buy a Business: Creative Financing Using an Earnout

On So-called Creative Financing

There's two basic types of creative financing. The type that works and that type that doesn't.
If you keep your eyes and ears open, you will continue to be astonished by new discoveries. I recently completed a 140 page lesson on creative financing that works in contrast to the kind that doesn't. The lesson consists of the proven financing techniques, I have seen used over 20 years.

Then last night I come across something quite audacious. There was a conversation about how earn-outs work. Several people tried to explain the tactic. Then one gentleman, Mark
Makuta, stepped in and gave two personal examples of how he used earn-outs to buy two businesses.

Read the rest here: http://dealflow.typepad.com/my_weblog/2009/09/how-to-buy-a-business-creative-financing-using-an-earnout.html

Monday, June 7, 2010

How to Buy a Business

This is right up my alley.

Looking for CEOs who Want to Buy a Business

Business Capital Partners is a private investment firm that partners with talented operating executives to invest in small and middle-market businesses. Target company revenues typically range from $10 - 100mm with a minimum EBITDA of $2mm.

The core of our Capital investment philosophy is a long-term partnership with talented operating executives. These relationships are formalized through the Business Capital Partners Management Partnership Program. To continue to expand the Management Partnership Program, Business Capital Partners is looking for operating executives who have a track record of success and an investment thesis for the type of business they would like to acquire.

Qualified candidates should have:

Track Record of Success
Management Partners must have a verifiable track record of success with P&L responsibility as CEO, COO, President or General Manager of a company or division with revenues of at least $25 million.

Investment Thesis How to Buy a Business
Management Partners must have developed an investment thesis, based on their experience and knowledge of their industry. The investment thesis should describe the type of company or companies to be acquired and why it would be an attractive investment. A list of specific acquisition targets is a positive but is not required.

Saturday, May 29, 2010

How to Be a Billionaire: Mark Cuban

The guys at Guerrilla Billionaire interview billionaire Mark Cuban. Very cool. Loaded with good advice. Mark can show you how to buy a business.

http://dealflow.typepad.com/my_weblog/2010/05/how-to-become-a-billionaire-mark-cuban-shares-his-secrets-part-1.html