Ep 53: M&A Matters PT 3 - Buying a Business

<p><span style="font-weight: 400;">So you know you want to buy a business. Maybe you decided it’s time to put your cash to good use. Maybe you plan to buy out a competitor! Whatever your reason, we’re going to guide you through the most important questions and considerations to help you prepare for this exhilarating journey. It’s all about making thoughtful, informed, strategic decisions when it comes to buying a business. Are you ready?</span></p> <p><span style="font-weight: 400;">Listen to</span> <a href= "https://www.sethbuechley.com/blog/episode-51-mergers-acquisitions-pt-1-valuing-your-business"> <span style="font-weight: 400;">M&A Matters Part 1 - Valuing Your Business</span></a></p> <p><span style="font-weight: 400;">Listen to</span> <a href= "https://www.sethbuechley.com/blog/episode-52-m-a-matters-pt-2-selling-your-business"> <span style="font-weight: 400;">M&A Matters Part 2 - Selling Your Business</span></a></p> <h2><strong>The Conversation:</strong></h2> <p><strong>3:54</strong> <span style="font-weight: 400;">- Today’s Moment of Truth, John 11- Why does Jesus allow struggles and suffering to take place?</span></p> <p><strong>9:06</strong> <span style="font-weight: 400;">- The first and most important question to ask yourself when buying a business: “What problem am I trying to solve?”</span></p> <p><strong>11:29</strong> <span style="font-weight: 400;">-  The approach - How to avoid scaring off prospective sellers</span></p> <p><strong>13:08</strong> <span style="font-weight: 400;">- The due diligence steps every buyer needs to make before acquiring a business</span></p> <p><strong>14:01</strong> <span style="font-weight: 400;">- How to mitigate risk - Are you able to identify and transfer the value of the business?</span></p> <p><strong>15:51</strong> <span style="font-weight: 400;">- Is an earnout the right option for you?</span></p> <p><strong>18:51</strong> <span style="font-weight: 400;">- Are you buying stocks or assets? </span></p> <p><strong>20:14</strong> <span style="font-weight: 400;">- H