Will we testify for this $6.1mm witness prep biz? - Acquisitions Anonymous 225 episode artwork

EPISODE · Sep 5, 2023 · 33 MIN

Will we testify for this $6.1mm witness prep biz? - Acquisitions Anonymous 225

from Acquisitions Anonymous - #1 for business buying, selling and operating · host Bill D'Alessandro, Mills Snell, Heather Endersen, and Michael Girdley

In Episode 225, Heather (@EndresenHeather) and Michael (@girdley) explore an expert witness prep business. The seller is asking for $6.1 million for a Boston-based business with $4.1 million in revenue and $1.25 million in cash flow. They discuss the risks tied to the business's heavy reliance on the seller's connections and the unpredictable revenue patterns in the industry and debate whether the business can be scaled by expanding its reach beyond the seller's network and hiring sales representatives. You can find the listing here: https://www.bizquest.com/business-for-sale/expert-witness-prep-and-placement-for-law-firms/BW2117764/Thanks to this week's sponsors!Employer Flexible will help you take action to streamline your company’s HR processes. They are the proud provider of flexible and adaptable PEO services. If you’re a small business trying to grow, and you’re struggling with a lack of internal HR, or you’re just dissatisfied with your current HR setup, consider Employer Flexible as your next vendor for HR outsourcing services.Check them out at https://www.employerflexible.com/.------------------CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.Subscribe to  weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking hereDo you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.Do you enjoy our content? Rate our show!Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.For inquiries or suggestions, email us at [email protected]

Episode metadata supplied by the publisher feed · Published Sep 5, 2023

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In Episode 225, Heather (@EndresenHeather) and Michael (@girdley) explore an expert witness prep business. The seller is asking for $6.1 million for a Boston-based business with $4.1 million in revenue and $1.25 million in cash flow. They discuss the risks tied to the business's heavy reliance on the seller's connections and the unpredictable revenue patterns in the industry and debate whether the business can be scaled by expanding its reach beyond the seller's network and hiring sales repre...

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Will we testify for this $6.1mm witness prep biz? - Acquisitions Anonymous 225

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This episode was published on September 5, 2023.

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