Please note that this is not serving as the actual business broker for the buyer or seller. However, choosing to add the services of a buyer-side broker should not cost you anything in the end (see the Goldmine book to find out how).
[/et_pb_text][/et_pb_column][/et_pb_row]Still Uncertain?
Take the free assessment and see what happens.
Our Approach to Buying a Business
We can help you through:
- Coaching on becoming a buyer and owner
- Coaching on becoming lender-ready and helping you locate a lender
- Helping you understand how to evaluate businesses
We don’t take on buyer clients who aren’t all that serious and think they have learned everything they need to know in an hour on the internet for free. All I can say is, “caveat emptor”. Some buyers really do set out to spend $300,000 or more (sometimes much more) of their hard-earned money in a process they don’t understand on a business they know nothing about. Good luck with that.
If you’re going to take your business investment seriously, we’re looking forward to working with you as a client. Start out with the Buyer Readiness Assessment (and the other tools below if you are determined to push the DIY approach as far as you can before asking for help). Then we’ll talk.
My services do not include acting as a business broker, i.e., helping you with conducting the specific actions and negotiations needed to enter into and conclude a specific purchase transaction. If and when you are ready to jump into a specific purchase, I can refer you to an appropriate intermediary (business broker, M&A adviser) and perhaps other professionals you’ll need on your deal team to assist you on the buyer side of the deal.
Together, we’ll get it done for you.
Why We Give You All This Hassle Before Agreeing to Work With You
Novice buyers with a few thousand dollars in hand often believe that since they are bringing the money, they get to make the rules and have whatever they want for whatever they want to pay. As long as they think this, which can take years before they get the message, they’ll just be wasting their time and eventually nobody will talk to them any more. There is no conspiracy against you. The market just doesn’t care what you want, and especially it does not care that you are emotionally wedded to the idea of becoming a business owner. The market only cares about what other people would pay for that business, and whether you can afford it.
If you are thinking about spending and/or borrowing $500,000 to $5 million and you have no idea what you are doing, that’s not a great recipe for success. Don’t try this alone!
If you’re a novice buyer, I look forward to educating you on the business of buying businesses — real ones, not “nothing down” scams. But first you need to get familiar with what we are talking about. Complete the assessment, look around this site, and read “The Goldmine on the Corner”. Or, if you recognize that you will need help deciding whether and how to make this very large investment of your money and your time, you can use the links below to enroll in the buyer’s mentoring program. Then we can talk sensibly.
If you have already bought a business before and pulled it off successfully, then we’re having a different conversation, of course. The Experienced Buyers assessment (above) will sort that out with a couple of questions, so for you old hands out there, please complete it prior to trying to schedule an appointment to discuss a particular business or business buying in general.
Buyer Toolkit
Ownership Readiness Assessment
Do you truly understand what you are getting into? Are you truly cut out for the task? Not everyone is the right person to own a particular small business, and some should not take on ownership of any business. This is good to think about before you empty out your savings and take out a massive loan.
Income Reality Check
Get realistic about the nice living you expect as a company owner versus what your job is really paying you now..
What Will It Really Cost?
How much money do you actually need to buy a business? Not just the sales price; that’s just for starters. The rest can add to tens of thousands or more. If you don’t understand this, you can deplete all your savings buying the business and then be faced with expenses you can’t meet. Don’t think of them as “unexpected” expenses: many of them were fully expected by everybody but a novice buyer.
How Buying a Business Works
Now that you’ve gotten that reality check, let’s talk about how we can go about buying a business.
Know Yourself and the Market
This is your first and most likely your only purchase of this type and size. If you didn’t work through the tools above, go back and do it. We’re not going to waste each others’ time unless you’ve done this.
Know Your Limits
Ignore the “nothing down” gurus. We can talk about what you can leverage, but you will not succeed in buying a business unless you are being realistic about what you can afford. Your Buyer Capacity Profile will convince sellers and lenders that you are to be taken seriously.
Conduct a Search
We can show you how to conduct a search for businesses that meet your needs, your experiences, and your financial realities.
Make a Deal
You’ll learn how to structure and negotiate an offer, deal with the tedious details of due diligence, and carry our the dozens of activities that must happen to fulfil a purchase contract.
Close a Deal
Once you’re fully informed and gain some practice working through possible scenarios with us, you’ll be ready to get out there and purchase the business you’re going to own.
We can continue to advise you throughout this process, but we can’t represent you as a business broker; if we did that, our interest would shift from being your trusted advisor to pushing you to close a deal so we could earn a commission. What we can do is point you toward some reputable business brokers so you can determine which of them you might want to work with, and you’ll understand what they will and won’t do for you
If You Already Know You Want Help
DIY: Buyer Readiness Package
Three months of biweekly coaching calls to walk you through the first 3 steps (of 7) of the buying process detailed in “Goldmine on the Corner.” That will take you to the point of being ready to make a live offer for a real business.
You’re cautious. You’re not quite ready to dive into the market, especially knowing that you’re only going to get one bite at the ownership apple. This package walks you through the first 3 steps (of 7) in the Goldmine buying process. Those steps ensure that you conduct the necessary self-exploration and market analysis to be confident that you’ve selected a business that is right for you, and you are the right owner for that business.
Done With You: Buyer Training and Coaching
Work together for up to an entire year to help you define and find the type of business you want and guide you through all 7 of the Goldmine steps, providing the detailed process of buying the right business for you. (You could also do this for 3 months at a time for a total of $3600).
Please note that this is not serving as the actual business broker for the buyer or seller. However, choosing to add the services of a buyer-side broker should not cost you anything in the end (see the Goldmine book to find out how).
Still Uncertain?
Take the free assessment and see what happens.
Our Approach to Buying a Business
We can help you through:
- Coaching on becoming a buyer and owner
- Coaching on becoming lender-ready and helping you locate a lender
- Helping you understand how to evaluate businesses
We don’t take on buyer clients who aren’t all that serious and think they have learned everything they need to know in an hour on the internet for free. All I can say is, “caveat emptor”. Some buyers really do set out to spend $300,000 or more (sometimes much more) of their hard-earned money in a process they don’t understand on a business they know nothing about. Good luck with that.
If you’re going to take your business investment seriously, we’re looking forward to working with you as a client. Start out with the Buyer Readiness Assessment (and the other tools below if you are determined to push the DIY approach as far as you can before asking for help). Then we’ll talk.
My services do not include acting as a business broker, i.e., helping you with conducting the specific actions and negotiations needed to enter into and conclude a specific purchase transaction. If and when you are ready to jump into a specific purchase, I can refer you to an appropriate intermediary (business broker, M&A adviser) and perhaps other professionals you’ll need on your deal team to assist you on the buyer side of the deal.
Together, we’ll get it done for you.
Why We Give You All This Hassle Before Agreeing to Work With You
Novice buyers with a few thousand dollars in hand often believe that since they are bringing the money, they get to make the rules and have whatever they want for whatever they want to pay. As long as they think this, which can take years before they get the message, they’ll just be wasting their time and eventually nobody will talk to them any more. There is no conspiracy against you. The market just doesn’t care what you want, and especially it does not care that you are emotionally wedded to the idea of becoming a business owner. The market only cares about what other people would pay for that business, and whether you can afford it.
If you are thinking about spending and/or borrowing $500,000 to $5 million and you have no idea what you are doing, that’s not a great recipe for success. Don’t try this alone!
If you’re a novice buyer, I look forward to educating you on the business of buying businesses — real ones, not “nothing down” scams. But first you need to get familiar with what we are talking about. Complete the assessment, look around this site, and read “The Goldmine on the Corner”. Or, if you recognize that you will need help deciding whether and how to make this very large investment of your money and your time, you can use the links below to enroll in the buyer’s mentoring program. Then we can talk sensibly.
If you have already bought a business before and pulled it off successfully, then we’re having a different conversation, of course. The Experienced Buyers assessment (above) will sort that out with a couple of questions, so for you old hands out there, please complete it prior to trying to schedule an appointment to discuss a particular business or business buying in general.
Buyer Toolkit
Ownership Readiness Assessment
Do you truly understand what you are getting into? Are you truly cut out for the task? Not everyone is the right person to own a particular small business, and some should not take on ownership of any business. This is good to think about before you empty out your savings and take out a massive loan.
Income Reality Check
Get realistic about the nice living you expect as a company owner versus what your job is really paying you now..
What Will It Really Cost?
How much money do you actually need to buy a business? Not just the sales price; that’s just for starters. The rest can add to tens of thousands or more. If you don’t understand this, you can deplete all your savings buying the business and then be faced with expenses you can’t meet. Don’t think of them as “unexpected” expenses: many of them were fully expected by everybody but a novice buyer.
How Buying a Business Works
Now that you’ve gotten that reality check, let’s talk about how we can go about buying a business.
Know Yourself and the Market
This is your first and most likely your only purchase of this type and size. If you didn’t work through the tools above, go back and do it. We’re not going to waste each others’ time unless you’ve done this.
Know Your Limits
Ignore the “nothing down” gurus. We can talk about what you can leverage, but you will not succeed in buying a business unless you are being realistic about what you can afford. Your Buyer Capacity Profile will convince sellers and lenders that you are to be taken seriously.
Conduct a Search
We can show you how to conduct a search for businesses that meet your needs, your experiences, and your financial realities.
Make a Deal
You’ll learn how to structure and negotiate an offer, deal with the tedious details of due diligence, and carry our the dozens of activities that must happen to fulfil a purchase contract.
Close a Deal
Once you’re fully informed and gain some practice working through possible scenarios with us, you’ll be ready to get out there and purchase the business you’re going to own.
We can continue to advise you throughout this process, but we can’t represent you as a business broker; if we did that, our interest would shift from being your trusted advisor to pushing you to close a deal so we could earn a commission. What we can do is point you toward some reputable business brokers so you can determine which of them you might want to work with, and you’ll understand what they will and won’t do for you
If You Already Know You Want Help
DIY: Buyer Readiness Package
Three months of biweekly coaching calls to walk you through the first 3 steps (of 7) of the buying process detailed in “Goldmine on the Corner.” That will take you to the point of being ready to make a live offer for a real business.
You’re cautious. You’re not quite ready to dive into the market, especially knowing that you’re only going to get one bite at the ownership apple. This package walks you through the first 3 steps (of 7) in the Goldmine buying process. Those steps ensure that you conduct the necessary self-exploration and market analysis to be confident that you’ve selected a business that is right for you, and you are the right owner for that business.
Done With You: Buyer Training and Coaching
Work together for up to an entire year to help you define and find the type of business you want and guide you through all 7 of the Goldmine steps, providing the detailed process of buying the right business for you. (You could also do this for 3 months at a time for a total of $3600).
Please note that this is not serving as the actual business broker for the buyer or seller. However, choosing to add the services of a buyer-side broker should not cost you anything in the end (see the Goldmine book to find out how).
Still Uncertain?
Take the free assessment and see what happens.
So You Want to Buy a Business?
Youu only get to buy a business once. Make sure it’s the right one for you – and you’re the right owner for it!
Experienced Buyers
You can skip the tools and the rest of this page if you’re an experienced buyer of businesses.
If so, please verify that experience here (you only have to do that once) to be admitted to the Qualified Buyer pages.
For Verified Buyers Only
Once you’ve established your experience, you’ll receive a password that will give you access to the Qualified Buyer page. You can reach that here:
Having said that, our offerings are intended for new buyers and we may simply refer you to a business broker if you are ready to roll and just want some help making the transactions work.
For everyone else, we’re not going to let you dive into an investment of hundreds of thousands of dollars, maybe millions, unless you have some idea what you are getting into. Well, you can do it, but we’re not going down that road with you and wasting each other’s time unless you’re properly equipped.
Our Approach to Buying a Business
We can help you through:
- Coaching on becoming a buyer and owner
- Coaching on becoming lender-ready and helping you locate a lender
- Helping you understand how to evaluate businesses
We don’t take on buyer clients who aren’t all that serious and think they have learned everything they need to know in an hour on the internet for free. All I can say is, “caveat emptor”. Some buyers really do set out to spend $300,000 or more (sometimes much more) of their hard-earned money in a process they don’t understand on a business they know nothing about. Good luck with that.
If you’re going to take your business investment seriously, we’re looking forward to working with you as a client. Start out with the Buyer Readiness Assessment (and the other tools below if you are determined to push the DIY approach as far as you can before asking for help). Then we’ll talk.
My services do not include acting as a business broker, i.e., helping you with conducting the specific actions and negotiations needed to enter into and conclude a specific purchase transaction. If and when you are ready to jump into a specific purchase, I can refer you to an appropriate intermediary (business broker, M&A adviser) and perhaps other professionals you’ll need on your deal team to assist you on the buyer side of the deal.
Together, we’ll get it done for you.
Why We Give You All This Hassle Before Agreeing to Work With You
Novice buyers with a few thousand dollars in hand often believe that since they are bringing the money, they get to make the rules and have whatever they want for whatever they want to pay. As long as they think this, which can take years before they get the message, they’ll just be wasting their time and eventually nobody will talk to them any more. There is no conspiracy against you. The market just doesn’t care what you want, and especially it does not care that you are emotionally wedded to the idea of becoming a business owner. The market only cares about what other people would pay for that business, and whether you can afford it.
If you are thinking about spending and/or borrowing $500,000 to $5 million and you have no idea what you are doing, that’s not a great recipe for success. Don’t try this alone!
If you’re a novice buyer, I look forward to educating you on the business of buying businesses — real ones, not “nothing down” scams. But first you need to get familiar with what we are talking about. Complete the assessment, look around this site, and read “The Goldmine on the Corner”. Or, if you recognize that you will need help deciding whether and how to make this very large investment of your money and your time, you can use the links below to enroll in the buyer’s mentoring program. Then we can talk sensibly.
If you have already bought a business before and pulled it off successfully, then we’re having a different conversation, of course. The Experienced Buyers assessment (above) will sort that out with a couple of questions, so for you old hands out there, please complete it prior to trying to schedule an appointment to discuss a particular business or business buying in general.
Buyer Toolkit
Ownership Readiness Assessment
Do you truly understand what you are getting into? Are you truly cut out for the task? Not everyone is the right person to own a particular small business, and some should not take on ownership of any business. This is good to think about before you empty out your savings and take out a massive loan.
Income Reality Check
Get realistic about the nice living you expect as a company owner versus what your job is really paying you now..
What Will It Really Cost?
How much money do you actually need to buy a business? Not just the sales price; that’s just for starters. The rest can add to tens of thousands or more. If you don’t understand this, you can deplete all your savings buying the business and then be faced with expenses you can’t meet. Don’t think of them as “unexpected” expenses: many of them were fully expected by everybody but a novice buyer.
How Buying a Business Works
Now that you’ve gotten that reality check, let’s talk about how we can go about buying a business.
Know Yourself and the Market
This is your first and most likely your only purchase of this type and size. If you didn’t work through the tools above, go back and do it. We’re not going to waste each others’ time unless you’ve done this.
Know Your Limits
Ignore the “nothing down” gurus. We can talk about what you can leverage, but you will not succeed in buying a business unless you are being realistic about what you can afford. Your Buyer Capacity Profile will convince sellers and lenders that you are to be taken seriously.
Conduct a Search
We can show you how to conduct a search for businesses that meet your needs, your experiences, and your financial realities.
Make a Deal
You’ll learn how to structure and negotiate an offer, deal with the tedious details of due diligence, and carry our the dozens of activities that must happen to fulfil a purchase contract.
Close a Deal
Once you’re fully informed and gain some practice working through possible scenarios with us, you’ll be ready to get out there and purchase the business you’re going to own.
We can continue to advise you throughout this process, but we can’t represent you as a business broker; if we did that, our interest would shift from being your trusted advisor to pushing you to close a deal so we could earn a commission. What we can do is point you toward some reputable business brokers so you can determine which of them you might want to work with, and you’ll understand what they will and won’t do for you
If You Already Know You Want Help
DIY: Buyer Readiness Package
Three months of biweekly coaching calls to walk you through the first 3 steps (of 7) of the buying process detailed in “Goldmine on the Corner.” That will take you to the point of being ready to make a live offer for a real business.
You’re cautious. You’re not quite ready to dive into the market, especially knowing that you’re only going to get one bite at the ownership apple. This package walks you through the first 3 steps (of 7) in the Goldmine buying process. Those steps ensure that you conduct the necessary self-exploration and market analysis to be confident that you’ve selected a business that is right for you, and you are the right owner for that business.
Done With You: Buyer Training and Coaching
Work together for up to an entire year to help you define and find the type of business you want and guide you through all 7 of the Goldmine steps, providing the detailed process of buying the right business for you. (You could also do this for 3 months at a time for a total of $3600).
Please note that this is not serving as the actual business broker for the buyer or seller. However, choosing to add the services of a buyer-side broker should not cost you anything in the end (see the Goldmine book to find out how).
Still Uncertain?
Take the free assessment and see what happens.