Ep25: Small Business Ownership by Acquisition with Bill Keating
In this episode Bill shares a lot of insight into his business acquisition journey. Bill acquired three companies in the space of one year and there is so much to unpack about his experience. We cover everything from scouting for businesses to due diligence to financing options and we look at the pros and cons of business acquisition.
Key points:
Ways to scout for small business acquisition opportunities include business broker listing and referrals
Three things to look at when doing due diligence - the cost structure, the customer concentration and the business success factor
Creating ways to finance for your acquisition includes seller financing and balloon financing.
Some pros and cons of business acquisition
Mentions:
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