How to Buy a Business Course
Designed for aspiring acquisition entrepreneurs, this course offers a step-by-step guide to navigating the business buying process.
From understanding key financial metrics like net income and seller’s discretionary earnings, to evaluating deals and securing financing, you'll gain practical knowledge to make informed decisions. Each lesson is packed with expert insights, including a bonus session from Keira Hamilton, a successful SBA loan broker and business owner. Whether you’re a first-time buyer or seasoned entrepreneur, this course will help you confidently embark on your acquisition journey.
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Chapter 1
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Lesson 1: Who Can Buy a Business?
In this lesson, laundromat owner and SBA loan broker Keira Hamilton offers a comprehensive overview of the types of individuals who are well-suited to business ownership.
She explores key traits of successful buyers, from financial readiness to the mindset needed to manage and grow a business.
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Lesson 2: Understanding Net Income and Seller's Discretionary Earnings
Understanding Net Income vs. Seller's Discretionary Earnings breaks down the crucial financial metrics used in evaluating businesses. You'll learn the difference between net income—what's left after all expenses—and seller’s discretionary earnings (SDE). This lesson will help you identify the true earning potential of a business, ensuring you make well-informed decisions when assessing profitability and value in potential acquisitions.
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Chapter 2
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Chapter 3
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Lesson 1: How to Finance a Business Acquisition
How to Finance Your Business Acquisition covers the essential steps to securing the right funding for your business purchase. This lesson explores various financing options, including SBA loans, seller financing, personal loans, and more. You'll learn how to assess which option best fits your needs, the requirements for qualifying, and how to structure financing for long-term success.
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Lesson 2: SBA Loan Calculator
How to Understand and Utilize the SBA Loan Calculator teaches you how to effectively use this powerful tool to estimate loan amounts, monthly payments, and interest costs when financing your business acquisition. You’ll learn how to input key financial data, interpret results, and adjust variables like down payment, seller note, and interest rates.
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Bonus Lesson: Lessons Learned from Keira Hamilton’s Acquisition Journey
In this bonus lesson, SBA loan broker and laundromat owner-operator Keira Hamilton shares key insights and realities from her own business acquisition experience. She discusses the challenges of running a small business, the unexpected rewards of hands-on ownership, and the importance of understanding your business's operations. This lesson provides valuable real-world perspective for aspiring entrepreneurs looking to follow a similar path.
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Meet your instructor
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Meet your instructor ✳
KEIRA
Keira Hamilton is an SBA loan broker at Arena Commercial Capital and a seasoned entrepreneur. She specializes in helping first-time buyers secure financing to acquire small businesses. Keira brings hands-on experience, having purchased, operated, and sold a laundromat, using her expertise in business acquisition to achieve significant growth and success. Through her work and her YouTube channel, she’s passionate about making business ownership accessible to more people and is dedicated to empowering aspiring entrepreneurs with the knowledge they need to succeed.