When Should You Start Buying Businesses? #1874

<p><span style="font-weight: 400;">In episode #1874, Neil and Eric talk about when you should buy a business. While it might seem more attractive to build something from scratch, it is infinitely more challenging, which is why there are upsides to buying and growing. Tune in to hear how to get the timing right!</span></p> <p><strong>TIME-STAMPED SHOW NOTES:</strong></p> <ul> <li><strong>[00:25]</strong> <span style= "font-weight: 400;">Today’s topic: When Should You Start Buying Businesses?</span></li> <li><strong>[00:28]</strong> <span style="font-weight: 400;">For most people, in most sectors, it’s harder to start a business than it is to grow one.</span> <span style= "font-weight: 400;"> </span></li> <li><strong>[01:05]</strong> <span style="font-weight: 400;">Why the best time to consider buying is when things are flat for you. </span></li> <li><strong>[01:51]</strong> <span style="font-weight: 400;">When you buy a small business, you have to have good operators in place.</span></li> <li><strong>[02:56]</strong> <span style="font-weight: 400;">Don’t buy if your company can’t handle it.</span></li> <li><strong>[03:38]</strong> <span style="font-weight: 400;">Factor in that many times M&A won’t work out.</span></li> <li><strong>[04:02]</strong> <span style="font-weight: 400;">That’s it for today! </span></li> <li><strong>[04:02]</strong> <span style="font-weight: 400;">To stay updated with events and learn more about our mastermind, go to the</span> <a href="https://marketingschool.io/live"><span style= "font-weight: 400;">Marketing School</span></a> <span style= "font-weight: 400;">site for more information or call us on 310-349-3785!</span></li> </ul> <p> </p> <p><strong>Links Mentioned in Today’s Episode:</strong></p> <h3><a href="https://microacquire.com/"><span style= "font-weight: 400;">MicroAcquire</span><strong><br /></strong></a><a href="https://flippa.com/"><span style="font-weight: 400;">Flippa</span><strong><br /> </strong></a><a href="https://empireflippers.com/"><span style= "font-weight: 400;">Em