What the heck is mezzanine financing and how can you
use it to buy a business?
This week Joe asked me about mezzanine financing.
I’ll take you through a sample balance sheet, bore you
with details about debt to equity ratios then excite you with the fun details
of how these deals work.
Mezzanine financing is the quirky joke-telling
offspring of debt and equity that people like to have around because he’s often
confused for equity.
The problem is he can be quite the joker and often has
a nasty temper.
Confused yet?That’s the point.Let me show you
how this financial sleight of hand is used to help make other lenders make
loans.
The new Business Buyer Adventure group coaching
program is up and running. Take advantage of the special founder’s deal. There are only 4 discounts left!!: https://gum.co/BizBuyerAdventure/Launchdeal
Well this weekend that’s just what I’m
doing and it won’t cost much because of a smart credit card choice.
Natalie and I will be flying to Gros
Morne National Park to hike the tallest peak in Atlantic Canada in preparation
for our trip to Mt. Kilimanjaro in September.
What this represents though is a 10.3%
dividend on the spending in Natalie’s business.
These are the advantages that come to
those who own businesses!
If you want to
be part of a team that is serious about buying a business, then take advantage
of the launch deal.Only
the next 5 users will get the discount.
Running your own business
brings added stresses, frustrations and anxieties. what are the
pluses you get from handling those negatives- John
Well, John, if your idea of running a business is all
about bad stuff, then I don’t think you’re doing it right.
This week I recount all the reasons why I love to be
in business for myself and talk about the most common thing I see that brings
people anxiety and stress.
The new Business Buyer Adventure group coaching
program is up and running. Take advantage of this special founder’s deal in the
first two weeks of enrollment: https://gum.co/BizBuyerAdventure/Launchdeal
Would you like to own a business where the seller only
visits occasionally or checks in via phone from his Florida condo?
I bet we all would.
Do you know what you don’t see though?
That owner has something you may not and without a
careful inspection, your dream of being an absent owner can become a nightmare
especially if something happens to that manager.
I’ve had several people reach out to me about
‘absentee owner opportunities’ and I wanted to share a few thoughts about how
some businesses are able to operate with managers.
The new Business Buyer Adventure group coaching
program is up and running. Take advantage of this special founder’s deal in the
first two weeks of enrollment: https://gum.co/BizBuyerAdventure/Launchdeal
As you may realize, I put together a year-long
group coaching program to help people execute on the actual work involved in
finding and buying a business at the end of 2017.
Some of the things I learned about that
were:
1. People wanted the flexibility to
start the group program whenever they wanted.
2. People didn't like the fixed length
of the program.
3. People did like the fact that they
would be working with other buyers.
4. People did like the fact that they
would get more time with me and an inside look at their deals and those of the
group members.
Here's what I've done...
I'm launching a new program called
Business Buyer Adventure.
Get it? It's like an expedition or
mission to use the talents and skills taught in Business Buyer Advantage and we
go on this journey together.
One of the cornerstones of the Business
Buyer Adventure program is The Next Step Preparation program.
Basically, The Next Step materials
allow new members to catch up before joining our hunting party in the jungle.
So, this new program incorporates this
long-established self-coaching prep program within it and once you've done
that, you can join the group accountability calls to keep you on track with the
actions you need for success.
Now, here's what's important to you as
a person who may wish to buy a business:
1. There is a 'founder special' for
people who join the Adventure program in its' first few weeks.
2. This is a great deal since the
regular price of the program is only USD$147/mo which is my hourly one-on-one
consulting rate and you'll enjoy several hours of new content each month.
If you lock in this special deal, the
price you pay now will continue FOREVER. Even if you stay in for
years. The discount you're offered here today can even be compounded on
the annual purchase which further reduces the cost of joining.
If you decide to join the Adventure,
then use this link to buy it as it will give a special price in the first two
weeks.
Learn More--Click it now to go to the product page where you
can see a video which describes all the different information and community
features of Business Buyer Adventure.
