Jared bought 18 businesses in a very short time period. He talks about his highs and lows while creating a fund to buy and operate small businesses. Jared has some crazy acquisition stories such as 30% of his revenue from a furniture store he bought was actually a prostitution ring. He drops some knowledge bombs here if you want to buy businesses.

Episode Resources

• Connect with Ryan Condie
• http://linkedin.com/in/ryancondie
• http://letsbuyabusiness.com/
• Connect with Jared Zemp
• [email protected]
• https://www.crowchild.com/micro 

Great episode with Jordan Inman and James Maxwell. They bought a great local business through a self-funded search process.

We dive into..

-- When partners make sense -- Working with amazing sellers -- Deal Structure + Bankers on your team

Episode Resources

• Traction
• Connect with Ryan Condie
• http://linkedin.com/in/ryancondie
• http://letsbuyabusiness.com/
• https://forms.gle/RRcXpe3dK7pNGqv16
• Connect with Jordan Inman and James Maxwell
• [email protected]
• [email protected] 

Jeremy is the founder and CEO of Unity Group, a leading merger, acquisitions, and IPOs firm that specializes in helping entrepreneurs grow their small to medium enterprises (SMEs). The firm actively invests in SMEs in the $1-$15m turnover range and has offered advice on over 300 mergers and acquisitions worth billions of dollars.

We dive into... -- Deal Structure -- How to buy businesses through consulting -- Acquiring Competitors for $1

"You make money selling businesses, not operating businesses"

Episode Resources

• Connect with Ryan Condie
• http://linkedin.com/in/ryancondie
• http://letsbuyabusiness.com/
• https://forms.gle/RRcXpe3dK7pNGqv16
• Connect with Jeremy Harbour
• https://www.jeremyharbour.com/
• https://www.linkedin.com/in/jeremyharbour/?originalSubdomain=sg
• Go Do Deals

One of the most common questions I get is how to fund a business between the ranges of $200k and $400k.

There aren't great options here because most banks won't loan on this amount, an unproven business sometimes, may not be big enough to support you, etc.

Here are a few options though.

1. Save up. This can take awhile. 2. SBA from a local bank. Has to be local. 3. Find an investor on good terms, make it interesting to them. 4. Short term debt (I'M NOT A FAN OF THIS and don't recommend it) 5. Seller note 6. Find a new sweet spot in terms of price range.

Episode Resources

• Help to defend Ukraine — donate to Ukraine’s main charity fund
• Help to defend Ukraine — donate to the fund of the National Bank of Ukraine
• Connect with Ryan Condie
• http://linkedin.com/in/ryancondie
• http://letsbuyabusiness.com/
• https://forms.gle/RRcXpe3dK7pNGqv16 

I do a short dive into 2 businesses I like on the market right now, home health care and a pet eCommerce business. Both look like solid buys with over $500k in SDE.

Episode Resources

• Help to defend Ukraine — donate to Ukraine’s main charity fund
• Help to defend Ukraine — donate to the fund of the National Bank of Ukraine
• Homecare Business
• Pet eCommerce Business
• Connect with Ryan Condie
• http://linkedin.com/in/ryancondie
• http://letsbuyabusiness.com/
• https://forms.gle/RRcXpe3dK7pNGqv16 

How to buy a business with little to no personal money down. Keep in mind, this is a path to do it but has some nuances that can be tough to do. Most deals will require money from you, as the buyer.

You will also need to sign a fat Personal Guarantee and put in the sweat equity. This isn't a free ride. :)

Episode Resources

• Help to defend Ukraine — Donate to Ukraine’s main charity fund
• Help to defend Ukraine — Donate to the fund of the National Bank of Ukraine
• Connect with Ryan Condie
• http://linkedin.com/in/ryancondie
• http://letsbuyabusiness.com/
• https://forms.gle/RRcXpe3dK7pNGqv16
• Connect with Clint Fiore
• https://twitter.com/ClintFiore
• Clint’s Thread 

We dive into a business for sale.

Key Points - $30k Purchase Price - 1.1x Multiple $27k SDE Big 3rd Party launch coming in 30 days - (she did $48k in revenue last year on this segment)

**I am the advisor/broker on this listing. I normally keep all things brokering separate from the podcast but thought this could be interesting to the listeners. Many of you could fit this.

Click here for more info https://quietlight.com/listings/10757697/ 

or

Email [email protected] 

Episode Resources

• https://quietlight.com/listings/10757697/
• Connect with Ryan Condie
• http://linkedin.com/in/ryancondie
• http://letsbuyabusiness.com/
• https://forms.gle/RRcXpe3dK7pNGqv16 

Ryan Wallace went from successful Stock Broker to starting NM Solar Group. Ups and Downs and then a $5M exit. Amazing nuggets in this story.

Episode Resources

• 10 Step Video series to Finding a Company to Buy
• Mushfiq's Content Website Buying Course
• Connect with Ryan Condie
• http://linkedin.com/in/ryancondie
• http://letsbuyabusiness.com/
• https://forms.gle/RRcXpe3dK7pNGqv16
• Connect with Ryan Wallace
• https://www.linkedin.com/in/sdryanwallace/ 

Chelsea Wood runs the Acquisition Lab (www.Acquisitionlab.com)

with Walker Deibel (Buy Then Build) and has worked with over 200 searchers and 40 acquisitions.

Before helping entrepreneurs in the SMB space, she led acquisitions for a large healthcare company which went from $3B to $6B in revenue through acquisitions.

- No silver bullet - Truly want to buy a business - Chasing after the wrong businesses that don't fit your needs

***WHY DOES THIS BUSINESS NEED MY SKILLSET?

Episode Resources

• Connect with Ryan Condie
• http://linkedin.com/in/ryancondie
• http://letsbuyabusiness.com/
• https://forms.gle/RRcXpe3dK7pNGqv16
• Connect with Chelsea Wood
• www.Acquisitionlab.com
• www.acquisitionlab.com/application
• https://buythenbuild.com/
• https://www.facebook.com/BuyThenBuild/ 

You name the price, I'll name the terms.

Sometimes you can't change the price, change the terms instead.

Episode Resources

• 10 Step Video series to Finding a Company to Buy
• Mushfiq's Content Website Buying Course
• Connect with Ryan Condie
• http://linkedin.com/in/ryancondie
• http://letsbuyabusiness.com/
• https://forms.gle/RRcXpe3dK7pNGqv16