How to Acquire A Profitable Business Instead Of Building It With Carl Allen

Starting and acquiring a business is obviously not easy, which is why if you want to take the risk and pursue your dream then it is ideal that you learn from the best. Ninja Acquisitions Founder and CEO Carl Allen sheds some light on the benefits of acquiring a profitable business. Carl has developed a coaching program that teaches people how to buy business. In this episode, he shares his own business model and some strategies on how he runs the companies he has bought, including allowing the seller to run it and initially finding a number two who also has a mindset of being a business owner. He also highlights the importance of due diligence and discusses the triad that you need to tackle prior to closing a deal.Some Topics We Discussed Include:Why it's so much easier to buy a small business versus a $1 billion businessHow to find a buyer that cares about the employees and that's not going to trash the companyCarl’s business model and mindset of deal-makingThings to look for and things to steer clear of when buying a businessStrategies for outsourcing or hiring someone else to do due diligence and write up the legal contract for youA great method for deal flow and deal origination, building relationships, and preempting what your deal team's going to look likeWhy the best deals are not with brokersAccounting and financial methods for valuing your businessSome of the best ways to find deals and get into the deal flowTo see Carl Allen's Business Buying Accelerator Program just visit: https://baconwrappedbusiness.com/carlallencourseLove the show? Subscribe, rate, review, and share!Here’s How »Join the Bacon Wrapped Business Community today:Bacon Wrapped Business on FacebookBrad Costanzo on FacebookBrad Costanzo on LinkedInBrad Costanzo on YouTubeBrad Costanzo on Twitter This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit bradcostanzo.substack.com