How to Buy a Business Course
Chapter 2

Lesson 1: How to Find and Evaluate Deals

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IN THIS LESSON

What You'll Learn in This Course:

  1. How to Find Businesses for Sale: Explore online business listing sites like BizBuySell and BizQuest, and learn how to use direct outreach to contact owners and brokers.

  2. How to Evaluate if a Business is Right for You: Learn to assess the financial health of a business and whether it's a good personal fit for your skills and goals.

  3. Importance of Operational Knowledge: Understand why knowing the daily operations of the business is key, and why you may need to step in and perform tasks yourself as the new owner.

  4. Building Relationships with Sellers: Discover the importance of having a strong, transparent relationship with the seller to ensure a smooth transition post-purchase.

  5. Key Documents for Business Evaluation: Gain insight into essential financial documents like the P&L, tax returns, and EBITDA calculations to properly evaluate a business’s worth.

  • Office Hours - This small group call is your opportunity to ask any and all questions about business acquisition, business acquisition financing, and laundromats.