{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Cache Flow","title":"E54: Navigating Business Acquisitions: Insights from the Trenches","html":"","width":"100%","height":180,"duration":4069,"description":"Dive into the high-stakes game of business acquisitions with our insightful speaker, who sheds light on due diligence, financial pitfalls, and leveraging government loans. Whether it's about vibrating excitement from snowboarding trips or critical business strategies, this episode is a treasure trove of knowledge for aspiring entrepreneurs and seasoned business buyers alike.\nHere are a few of the topics we’ll discuss on this episode of Cache Flow Podcast.\nA deep dive into the acquisition process.Exploring SBA loans and financial models.Unpacking due diligence best practices.Navigating seller relationships and trust.Leveraging government loans for growth.\nResources:New Image LeasingCurotec \nConnect with Will Wilder:LinkedIn\nConnect with our host, Brian Dainis:Linktree\nQuotables:22:44 - Yeah, I mean if you look across people looking at business acquisitions, there's a million different ways you can slice it. I think the most important thing is upfront, being really clear about what's gonna work for you. You know, some people will have a very specific business thesis. So they came from software development at, you know, wherever and that they think they have a competitive advantage there.26:41 - You're gonna spend a lot of time like the diligence process from issuing an LOI to actually closing for me was three months and it was like a month and a half before the LOI from when I first heard about the business to actually having an offer that was signed and on everyone's plate. So I mean that's even kind of fast I think, right? Yeah, that's relatively fast. So I mean that was four and a half months combined. But if you end up with a seller that's not gonna sell, you don't believe 'em for whatever reason, there's a big potential that you spend five months, six months chipping away at getting a deal done with someone that's ultimately never gonna happen.41:15 - Most of the cash would come from these investors. They would still largely do lending for 75 or 80% of the...","thumbnail_url":"https://img.transistorcdn.com/ZY_gYzukdlRdDz8o7iZM6iCr5BZI_LzCNWv0cx0TtE8/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzM0MTYyLzE2OTc4/MTEzMTAtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}