EP352 How to Buy a Profitable Business Without Starting From Scratch

How to Buy a Profitable Business Without Starting From Scratch 🎯 Episode Summary Starting a business from zero can drain your time, money, and energy before you ever build momentum. Corey Parchman joins Marcia Riner to explain why buying an existing business may be a smarter path for entrepreneurs who want cash flow, customers, employees, and systems already in place. You will hear how first-time buyers can define the right acquisition target, use SBA financing responsibly, evaluate cash flow, and avoid buying a business that looks good on paper but creates problems after closing. Podcast: Profit With A Plan Host: Marcia Riner, CEO of Infinite Profit® Guest: Corey Parchman, President of CorePar Development and Business Acquisition Advisor Episode: 352 Release Date: June 30, 2026 🎥 What You’ll Learn • Why buying an established business can reduce startup risk • How to create a buy box before looking at deals • What SBA financing can make possible for first-time buyers • Why cash flow matters more than a business’s asking price • How seller involvement can protect employees and customer relationships • What to evaluate before acquiring a trade or licensed business ⏱️ Timestamp Highlights [00:00] Why buying an existing business can be a smarter path [03:21] From NFL career to building a business Plan B [04:40] How to find businesses owners may be ready to sell [07:43] What to consider before buying a licensed trade business [11:11] The buy box framework for finding the right acquisition [12:31] SBA financing, down payments, and reserve planning [17:33] How seller transition support protects your first year [24:12] Cash flow, customer concentration, and deal discipline 🔗 Resources & Links https://coreyparchman.com https://www.linkedin.com/in/corey-parchman-2a8a2790 https://Infinite-Profit.com https://ProfitBooster.biz 💼 About Marcia Riner & Profit With A Plan Marcia Riner is a business growth strategist, creator of the Profit Booster® strategies, and CEO of Infinite Profit®. She helps entrepreneurs scale smarter, increase profitability, and build businesses that are worth more, whether they plan to keep them or sell them. As host of Profit With A Plan, Marcia shares expert interviews and actionable strategies to help business owners increase revenue, improve systems, and prepare for high-value exits. With decades of experience in finance, operations, and marketing, she delivers clear, profit-driving insights you can use right away. 📞 Questions? Call (949) 229-2112 or visit Infinite-Profit.com 🚀 Profit-Driven Resources 💰 Profit Booster® Podcast Monetization Hub Turn your interviews into a client-generating machine without adding more work to your plate. Learn more at ProfitBoosterPod.com 📈 Free Profit Booster® Growth Map Find the gaps slowing down your revenue, profit, and growth. Get yours now at ProfitBooster.biz 🎧 Never Miss a Profit-Driving Strategy Subscribe to Profit With A Plan on Apple Podcasts, Spotify, or your favorite platform.