Carl Allen – Business Buying Accelerator
Carl Allen – Business Buying Accelerator
How to define your ideal business size by developing a wealth creation plan and working backwards from your ultimate financial goals
How to originate hundreds of solid opportunities for deals from burned-out owner managers, time-starved investors and changing big businesses
Why building trust, credibility and rapport is essential in you positioning yourself as the safe pair of hands and the perfect buyer
Multiple deal origination methods including social media, your human network, events, direct approaches and business brokers
How to research each target business inside of 10 minutes and determine how the opportunity maps to your deal specification
How to quickly identify the best opportunities from the hundreds you have originated to ensure you prioritize your time and effort
How to approach sellers, set up meetings and the critical rules of engagement when you are face to face
How to analyse the business financials inside of 10 minutes, including the income statement, balance sheet and cash flows
How to structure a deal instantly using the deal structuring tool provided and ensuring the business can pay for itself
How to determine what funding is available before making an offer
How to expertly raise all types of finance, including business debt, equity investment, grant and forgivable loans
Why some of the funding doesn’t ever need to repaid until you sell the business at a later date
How the funding will work inside of the business, post deal and why the lines of credit will also help you grow the business faster
Simple and advanced negotiation methods and how to play deals off against each other to get the very best terms
How to build an offer sequence by starting low and only paying the absolute minimum for the business
How to quickly submit the offer using the templates provided
Why establishing exclusivity is critical prior to closing the deal and how to submit a letter of intent (LOI) to purchase the business using the template provided
How to hire contingent fee lawyers and accountants to transact the deal for you and have the business pay their fees
Although your contingent advisers handle due diligence and the legal contract, it’s important to understand exactly what the process entails
AND FINALLY …
What exactly happens at closing including final checklists and a complete review of the business buying process
When and how you get your closing cash out of the deal
Going to the business as the owner for the first time
BUSINESS BUYING ACCELERATOR
Is PERFECT for you, IF …
If you find yourself nodding along with ANY of the following, then you are in the perfect position to enroll in the Business Buying Accelerator and buy your first business inside of 99 days.
You are an employee in someone else’s business, sick and tired of the 9-5, the barking orders at you, workplace bullying, glass ceilings and knowing that every ounce of your time, energy, skills and sweat is lining someone else’s pocket.
You want to build a start-up. Why start a new business from scratch and play the 96% failure rate (source: Michael Gerber, the E-Myth) when you can buy a business someone else has built successfully for you? You can then innovate from within and guess what? You will have employees to help you, cash flow to pay you, premises and equipment to use and customers to sell your new innovation to when it’s ready.
You want to buy a franchise. Franchises are less risky than start-up businesses however they are expensive, restrictive and very difficult to sell. Why would someone buy your franchise business when it’s going to be cheaper to start their own (you plan on selling it for more than you paid for it, right? Otherwise, what’s the point?)
You are a consultant fixing other people’s businesses. This could be in sales, marketing, operations, supply chain or anything else. But let me ask you a question. Why would you spend your time, for fees, driving improvements and cash flow into the owner’s pockets when you can buy that business (or a similar business) without spending your own cash then all your consulting expertise will generate improvements and cash flows that’s all yours.
You own a business already and you are finding it difficult to grow your sales revenues customer by customer, find new talented employees and improving your cash flow. If you go and buy a complementary business and then combine it with the one you already have you will solve all three of those problems. You can sell your own products and services to the customers of your new business (and vice versa), consolidate operations (where you save lots of cash thus driving profits and cash flow) and you automatically inherit new employees. Not rocket science is it?
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