3 Ways to Identify an Exceptional SMB Due Diligence Provider
When diving into the world of small and medium-sized business (SMB) acquisitions, one of the most crucial steps is selecting the right due diligence provider. Their insights and analysis can make or break a deal, and finding someone exceptional can greatly influence the outcome. So, how do you spot a truly outstanding due diligence provider […]
Two Secrets to Growing Your SMB: Delegation and Automation
Building or acquiring a business is a thrilling journey, especially in the first year. Yet, it often means sacrificing vacations and being deeply involved in daily operations. Entrepreneurs find themselves wearing many hats, handling everything from marketing to customer service, leaving little room for relaxation. This level of involvement, while necessary initially, can become unsustainable. […]
How to Balance Persistence and Adaptability in SMB Acquisitions
Acquiring a small or medium-sized business (SMB) is a significant challenge. From the initial search to the final deal, the journey can be full of challenges and setbacks. Based on experience working with numerous searchers, the key traits that distinguish successful searchers from those who eventually give up are their ability to persist and pivot […]
One Critical Component That Is Often Overlooked in SMB Deals
In small and medium-sized business (SMB) deals, it’s not uncommon to come across prospectuses and Confidential Information Memorandums (CIMs) that paint a vivid picture of a company’s potential. These documents are full of untapped opportunities, giving us an exciting look at what could happen if the right strategies are implemented. They speak of doubling revenue, […]
What To Do When Your SMB Deal Falls Apart Post-LOI
Anytime a deal falls apart well into the post-LOI (Letter of Intent) period, it’s tough for everyone involved. It’s not just about the lost opportunity—there’s a lot of time, effort, and money that’s been invested by all parties to get to that stage. It sucks, and there’s no getting around that. Whether you’re a buyer, […]
20 Technical Terms Worth Knowing for SaaS Buyers
Venturing into the world of SaaS business acquisitions can be thrilling yet challenging, especially for those who are not technically inclined. One of the most daunting aspects is the specialized technical jargon that comes with the territory. Understanding these terms is vital as they play a significant role in the software development lifecycle and can […]
19 Terms You Need to Know Before Starting Your SMB Search
Embarking on the journey to buy a small to mid-sized business (SMB) can be both exciting and daunting. One of the first hurdles you’ll encounter is the specialized terminology used in the industry. Understanding these terms is crucial as it can significantly impact your decision-making process and overall experience. To help you feel more confident […]
3 Important Steps To Consider When Buying a Small Business
Buying a small to mid-sized business (SMB) may be a thrilling and gratifying experience that presents an incredible opportunity to dive into entrepreneurship, without the risk of starting your own business. Careful planning and preparation are necessary to guarantee a seamless acquisition. Below, we’ll discuss the value of preparation when buying a business and the […]
The Art of the Deal: Sudheer Bhayankar’s Journey as a First-Time Acquirer [Case Study]
When Sudheer Bhayankar sought out his first acquisition, he was seeking something much deeper than a financial investment. For Sudheer, acquiring his own business meant an overhaul in his work and his life path, as well as leaving the comfort of his corporate world. With so much at stake, Sudheer wanted to get the acquisition […]
7 Financial Metrics to Consider When Buying a Small Business
When buying a small business, it’s important to review the financials to ensure that the business is profitable and financially stable. Here are some of the most important financial metrics to consider: Revenue Revenue is the total amount of money the business has generated over a specific period of time. It’s important to review revenue […]
A Complete Breakdown of a Quality of Earnings Report
After an exciting and exhausting search process, you’ve finally found a business that checks all your boxes and you’re excited to move forward to the next steps: Signing an LOI and conducting due diligence. Well, now’s the time to do a mini hoorah to celebrate this milestone and hunker down for the rest of the […]
Online Brokerage and Marketplace Reviews: MicroAcquire
As part of our ongoing series of reviewing online brokerages and marketplaces, we chatted with Andrew Gazdecki, CEO of MicroAcquire, and asked him about all about MicroAcquire, including their origin story, the businesses they sell, their vetting process, and more. Here’s the breakdown: What’s the story with MicroAcquire? How’d you guys get started? Andrew: The […]
Online Brokerage and Marketplace Reviews: Empire Flippers
As part of our ongoing series of reviewing online brokerages and marketplaces, we chatted with Greg Elfrink, who serves as the Director of Marketing at Empire Flippers and asked him about all about Empire Flippers, including their origin story, the businesses they sell, their vetting process, and more. Here’s the breakdown: What’s the story with […]
Online Brokerage and Marketplace Reviews
So, after a lot of research and perhaps some soul searching, you’ve decided to buy an online business. The first thing you need is deal flow and you have a few options to go about this: You can either use a broker or marketplace that specializes in online businesses or simply source the deals privately […]
Online Brokerage and Marketplace Reviews: Quiet Light Brokerage
As part of our ongoing series of reviewing online brokerages and marketplaces, we chatted with Mark Daoust, CEO of Quiet Light Brokerage, and asked him about all about Quiet Light, including their origin story, the businesses they sell, their vetting process, and more. Here’s the breakdown: What’s the story with Quiet Light? How’d you guys […]
Comprehensive Website Due Diligence Checklist
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5 Reasons You Should Consider Buying An Online Business in 2021
Last year was a crazy one for all of us. The world dealt with a global pandemic and as a result, there was an unprecedented level of…well, almost everything. The stock market saw record highs in volume trading, real estate exploded, unemployment skyrocketed, and a lot of us found ourselves at home making bread for […]
Are Dropshipping Businesses Worth Buying in 2021?
So, you’ve come across a dropshipping business that’s for sale. Or perhaps you’ve stumbled across your 27th video this month of an online guru posing in front of his Lamborghini trying to convince you to purchase his dropshipping course. In either case, it’s probably worth talking about whether this once-coveted business model has any place […]
5 Technical Questions to Ask When Buying a SaaS Business
SaaS (“Software as a Service”) is currently one of the most coveted business models today and in general, SaaS businesses tend to face greater competition amongst buyers and often go for higher multiples, and for good reason. After all, good SaaS businesses utilize economies of scale incredibly well, have very low overhead, and build their […]
