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Episode 25: 8 Tips for Buying Businesses
Manage episode 425549932 series 3433806
Content provided by Isaac Schaefer, Drew West, Jake Furfaro & Kyle Boyden, Isaac Schaefer, Drew West, Jake Furfaro, and Kyle Boyden. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Isaac Schaefer, Drew West, Jake Furfaro & Kyle Boyden, Isaac Schaefer, Drew West, Jake Furfaro, and Kyle Boyden or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Join us in this insightful episode as we delve into 8 crucial tips for successfully buying businesses. Whether you're a seasoned entrepreneur or a first-time buyer, these strategies will guide you through the complexities of business acquisition.
1 - Don't lose on the multiples!
2 - Choose over saturated markets.
3 - Work for free!
4 - Build report.
5 - Watch out for customer consolidation.
6 - Reaccuring vs non reaccuring revenue.
7 - Learn as you buy.
8 - Do your market research!
If you're considering buying a business, this episode is a must-listen. Enjoy and empower your acquisition journey!
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