Friday, August 31, 2018

Blank price-tag headaches. Buying a Business with no asking price.



Warren Buffet said, ‘If you want me to buy something, put a price on it.’

-or- maybe it was Colonel Sanders.

Not sure.

But what I am sure of is that the last few businesses that I’ve investigated for clients that had no asking price weren’t worth the investment in the tangible goods.

That’s right… these were businesses that should have been destined for the auction block but are somehow being promoted as your big opportunity.

Maybe some of them are?

Watch the video here: https://youtu.be/tBLUQ8nI9tQ



Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book 21 Stupid Things People Do When Trying to Buy a Business for FREE.

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Friday, August 24, 2018

What do Enron and the local gas station have in common? Off-Balance sheet financing...



What does Enron and the local gas station have in common?

Off-Balance Sheet financing.

Seriously.  Learn how to look for instances of this little trick and how it can make a business look better or worse when preparing for a transaction.

Fun and excitement right here: https://youtu.be/PNGKaRg9uWU



Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book 21 Stupid Things People Do When Trying to Buy a Business for FREE.

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Friday, August 17, 2018

August Adventurers are Achieving Acquisition Accolades (Alliteration Bonus!)



Hi,
How’s your summer going?  Are you still working hard to realize your dream of business ownership?
Watch as I recap the month in my Business Buyer Adventure program.
We’ve had members make offers on businesses, we’ve seen members gather hundreds of suspect names and we’ve had members in far-off lands customize some of the materials for their home markets.
Next month members will get to see my interview with Artie who used the Business Buyer Advantage course materials to successfully buy two small businesses.
We’ll also be analyzing an offer that I made on a local business here in New Brunswick.
Watch me talk about it here: https://youtu.be/mAHjBobTNUs


Learn more and sign yourself up at www.BusinessBuyerAdvantage.com

Friday, August 10, 2018

How much for that business with just one customer?



I have a riddle for you--

What do you call a business with 100% dependency on one customer who can end the relationship at any time and who can arbitrarily change the rules and hold you to a high standard -AND- limit your ability to seek other customers?

A FedEx route.

Climb aboard this big rig and let me tell you what I think about these businesses here: https://youtu.be/lp6OB_8yRYI



I think you can buy them, BTW.  You just have to be wise about how you manage the risk.

Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com

Get an Audible subscription and listen to my book 21 Stupid Things People Do When Trying to Buy a Business for FREE.

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb

Friday, August 3, 2018

How do you measure returns with alphabet soup? How to Buy a Business


Investors and business people are always talking about returns…

Trouble arises when you get your words mixed up.  It can lead to confusion.

Watch as I show the difference between Return on Investment, Return on Equity and Return on Capital Employed.

Fun and excitement right here: https://youtu.be/2F_ISspasTw



Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com 

Get an Audible subscription and listen to my book 21 Stupid Things People Do When Trying to Buy a Business for FREE.

---Stop missing my videos and other news. Get on my mailing list and choose what interests you. http://eepurl.com/brqqjb