Acquiring Minds Trailer Bonus Episode 297 Season 1

Buying a Business to Build a Life

Buying a Business to Build a LifeBuying a Business to Build a Life

00:00

00:00 01:26:50

Download

More episodes

Buying a Business to Build a Life
87 min

Subscribe

Copied to clipboard

Apple Podcasts Spotify Pocket Casts Overcast Castro YouTube Goodpods Amazon Music Pandora CastBox Anghami Fountain JioSaavn Gaana iHeartRadio TuneIn Player FM SoundCloud Deezer Podcast Addict

Share

Share Copied to clipboard

Embed Copied to clipboard

Acquiring Minds Trailer Bonus Episode 297 Season 1

Buying a Business to Build a Life

October 31, 2024 Will Smith Full Transcript View the website

Register for the webinar:

How to Run a 2-Year Search in 2 Months - Nov 1 - https://bit.ly/48sjkh9

Seattle-based Dan Drake & his wife wanted to raise their kids in Bend, Oregon. Buying a business allowed them to do it.

Topics in Dan’s interview:

His search in Bend, Oregon
Understanding negotiation tactics
Bundling the real estate with the business
His seller-financed deal
Renegotiating after sales dipped 20%
Pros and cons of having experienced staff
Explaining balloon payments
Giving back to Central Oregon
Meeting with top customers to understand their needs
Improving inventory management and website

References and how to contact Dan:

LinkedIn
Industrial Applied Electric
Negotiate Without Fear by Dr. Victoria Medvec

Get complimentary due diligence on your acquisition's insurance & benefits program:

Oberle Risk Strategies - Search Fund Team

Learn more about Walker Deibel's done-with-you buy-side advisory:

The Acquisition Lab

Get a complementary pre-acquisition HR & PEO review for your target business:

Contact mark@aspenhr.com or visit Aspen HR

Connect with Acquiring Minds:

See past + future interviews on the YouTube channel
Connect with host Will Smith on LinkedIn
Follow Will on Twitter

Chapters