Practicing Entrepreneurship Through Acquisition
If you are looking to acquire a business, the first thing you need to consider is the value of that business. There are many metrics that can help you determine the company’s health before acquiring it. These may include financial history, management, owner’s involvement, customer diversity, competition, relationships, and sustainable growth in revenues. While financial
Apply to the Acquisition Lab One of the largest pieces of the acquisition entrepreneurship puzzle is financing. Most acquisitions cannot be done without some component of debt being introduced. That being said, there are a variety of shapes that this can take but the focus of this article is talking about what I’ve learned in
Apply to the Acquisition Lab There is no such thing as passive income. All income costs something: it costs time, it costs money, or both. We cannot pretend that time is free. Let’s discuss a different framework to navigate this path. Earliest Pursuits of Passive Income Early in my career after acquiring my first company,
When evaluating small and medium-sized businesses, your primary goal is to identify areas of risk. You’re analyzing every aspect of business from the financial performance to supplier relationships to employee turnover. Your goal is to identify potential red flags that could threaten the success of your acquisition. According to Forbes, one of the very first
