7 ways you can do deals without money:
At least 3.3 Million businesses have closed forever since 2020.
Small business owners never WANT to close.
What do they really want?
β’ A legacy.
β’ Community.
β’ Relevance.
Small business owners never WANT to close.
What do they really want?
β’ A legacy.
β’ Community.
β’ Relevance.
β¦Or at least a little money on a sale.
Hereβs why a business almost never needs to close its doors for $0...
Hereβs why a business almost never needs to close its doors for $0...
1. Employee Acquisition
Low-cost win-win:
β’ YOU get much-needed, reliable employees (+ their client lists).
β’ Seller gets finderβs fee for referring employees that stay minimum of X time.
β’ Employees stay employed (+ a % rev share for clients they bring along).
Low-cost win-win:
β’ YOU get much-needed, reliable employees (+ their client lists).
β’ Seller gets finderβs fee for referring employees that stay minimum of X time.
β’ Employees stay employed (+ a % rev share for clients they bring along).
2. Seller Financing
Use the profits of the business over X amount of time to pay off the seller.
Not quite $0, but a good way to get in with a low down payment.
Use the profits of the business over X amount of time to pay off the seller.
Not quite $0, but a good way to get in with a low down payment.
I know someone who just did:
$675k deal
94% seller financing
= only $40k down
$675k deal
94% seller financing
= only $40k down
3. Cost Decrease Acquisition
Not popular, but it works.
The idea is to immediately cut costs to make up some of the close price.
Not popular, but it works.
The idea is to immediately cut costs to make up some of the close price.
Close on the biz β hero
Start restructuring β villain
But learn to cut the cancer without killing the patient...
And you get paid like a surgeon.
Start restructuring β villain
But learn to cut the cancer without killing the patient...
And you get paid like a surgeon.
I know I promised you 7 reasons...
But the rest made it in today's newsletter.
Join 185,000+ others who never miss it:
contrarianthinking.co
But the rest made it in today's newsletter.
Join 185,000+ others who never miss it:
contrarianthinking.co
Loading suggestions...