
Episode 138 – Navigating Business Acquisitions: Offers, Buy-Side Searches, and Seller Tips
In our newest episode, Jeff Crooks shares valuable insights and practical advice for both buyers and sellers in the business marketplace.
In our newest episode, Jeff Crooks shares valuable insights and practical advice for both buyers and sellers in the business marketplace.
We’ve engaged with a bakery seller several times in the past, and the deals have not worked out for one reason or another. But the reason for the most recent failure was entirely on the buyer, who lacked self-awareness and accountability.
Tune in to learn more about how a buyer search can help you find the perfect business, avoid competition, and enter acquisitions with equity.
This particular success story starts with a business that often has a more specialized buyer pool: an auto service shop. The seller wanted to retire and had some health issues. The buyer was an experienced mechanic who had always wanted his own shop. The match looked good on paper, so it was time to start the work on the deal.
In this podcast, we share insights on why buying unnecessary equipment or inventory to reduce taxes can backfire.