How to Buy A Business with No Money Down #1766
Marketing School - Digital Marketing and Online Marketing Tips
English - June 15, 2021 13:00 - 5 minutes - 4.82 MB - ★★★★★ - 1K ratingsMarketing Business Education How To facebook google linkedin askgaryvee contentmarketing digitalmarketing ericsiu inboundmarketing marketing marketingschool Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Inflation is Here. Here’s How We Are Dealing with It #1765
Next Episode: 7 Podcasting Hacks for 2021 #1767
In episode #1766, we share a few different approaches to purchasing businesses that don’t require you to put any of your own capital on the table. We spoke previously about the value of investing in hard assets during inflationary periods, and a business is another form of hard asset. So if you can get a hard asset right now by spending no money, that is a double whammy. Tune in and hear which types of businesses to look for and how to buy them using seller financing, capital raising, and call options!
TIME-STAMPED SHOW NOTES:
[00:25] Today’s topic: How to Buy A Business with No Money Down. [00:25] Why the idea that you have to spend money to buy a business is false. [01:05] Use seller-based financing to pay off the seller while you run their business. [02:15] The abundance of businesses to be bought from senior business owners. [02:47] How to raise capital for the downpayment of an acquisition. [03:47] Failing businesses are cheaper to buy but more work to fix. [04:00] Another option in the form of buying a business using a call option. [04:36] Go to marketingschool.io/live to hang out with Neil and Eric in September.
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