The 27 best ๐งต threads of 2022 for small business & entrepreneurship
The amount of free value in one spot is mind blowing ๐คฏ ๐
The amount of free value in one spot is mind blowing ๐คฏ ๐
First, threads are not in any particular order
Second...the competition.
-> the tweet with the highest [like to view] ratio will be crowned best thread of #SMBtwit for 2022
So smash the like button on the ones you think should win (multiple votes allowed!)
Second...the competition.
-> the tweet with the highest [like to view] ratio will be crowned best thread of #SMBtwit for 2022
So smash the like button on the ones you think should win (multiple votes allowed!)
(1/27) @SMB_Attorney: 101 introduction to buying a small business
@SMB_Attorney (2/27) @rodrepairs: See the human side of a service business and how SMB can give you the outlet to make a difference in others lives
@SMB_Attorney @rodrepairs (3/27) @ClintFiore: 8 min video analysis showing a 76% cash-on-cash return return even at 10% interest rates.
@SMB_Attorney @rodrepairs @ClintFiore (4/27) @BrentBeshore: Ideas that you should consider on a personal level if you're a current or aspiring entrepreneur
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore (5/27) @bentigg: Buy a small business with 100% seller financing and no bank personal guarantee
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore (6/27) @ConnorAbene: Cash flow management for SMB operators
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene (7/27) @JordanPCarter: Great financial graphic to illustrate the known risks of buying small (<$500K of EBITDA). Feel free to do it, just know the implications
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter (8/27) @SievaKozinsky: Cold email equity + debt fundraising guide
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky (9/27) @BuySellSMB: There's much more to a business than the financials...Do you get it, do you want it, can you do it?
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB (10/27) @ChandlerReedSMB: SMB outsourcing with virtual assistants
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB (11/27) @brianbeers: Buying and rolling up franchises
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers (12/27) @sweatystartup: "Entrepreneurship isnโt that complicated. Do something with good odds, low risk and moderate rewards." YES.
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup (13/27) @patrickdichter: Build a small business budget in 60 minutes
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter (14/27) @BoilerPlateCPA: Financial due diligence tips for service businesses
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter @BoilerPlateCPA (15/27) @thomasince: Tactical tips to know fight back when a re-trade is sprung on you in deal negotiations
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter @BoilerPlateCPA @thomasince (16/27) @ElliottEHolland: Understand the motivation for sale or it'll cost you lots of time & money
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter @BoilerPlateCPA @thomasince @ElliottEHolland (17/27) @austinrileygray: Starting a service business from scratch. Afraid of debt financing? This might be a better route for you.
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter @BoilerPlateCPA @thomasince @ElliottEHolland @austinrileygray (18/27) @realrookieceo: A business buying saga of resilience & grit that was almost a 'how to go bankrupt' thread. Being an entrepreneur is not easy but it is rewarding.
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter @BoilerPlateCPA @thomasince @ElliottEHolland @austinrileygray @realrookieceo (19/27) @KHendersonCo: Differences among entity/tax selections (LLC, C corp, S corp) & QSBS (First $10M of gain on your business tax-free)
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter @BoilerPlateCPA @thomasince @ElliottEHolland @austinrileygray @realrookieceo @KHendersonCo (20/27) @SBA_Matthias: If you're a rookie business buyer, a commercial loan broker may be the perfect person to support you in financing your deal
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter @BoilerPlateCPA @thomasince @ElliottEHolland @austinrileygray @realrookieceo @KHendersonCo @SBA_Matthias (21/27) @kelceylehrich: Be honest with your situation (goals, finances, opportunity)
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter @BoilerPlateCPA @thomasince @ElliottEHolland @austinrileygray @realrookieceo @KHendersonCo @SBA_Matthias @kelceylehrich (22/27) @sbabmarks: Buy real estate after you close your business acquisition - Brilliant strategy & sure fire way to wealth building.
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter @BoilerPlateCPA @thomasince @ElliottEHolland @austinrileygray @realrookieceo @KHendersonCo @SBA_Matthias @kelceylehrich @sbabmarks (23/27) @Girdley: Explains the 4 different HoldCo structures: Holdco, Accumulator, Platform, Roll-up
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter @BoilerPlateCPA @thomasince @ElliottEHolland @austinrileygray @realrookieceo @KHendersonCo @SBA_Matthias @kelceylehrich @sbabmarks @girdley (24/27) @RomanSB1: Due diligence check lists & LOI templates
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter @BoilerPlateCPA @thomasince @ElliottEHolland @austinrileygray @realrookieceo @KHendersonCo @SBA_Matthias @kelceylehrich @sbabmarks @girdley @RomanSB1 (25/27) @RegZeller: Roll-up strategy of related businesses is an effective strategy and here's how they work in reality
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter @BoilerPlateCPA @thomasince @ElliottEHolland @austinrileygray @realrookieceo @KHendersonCo @SBA_Matthias @kelceylehrich @sbabmarks @girdley @RomanSB1 @RegZeller (26/27) @SahilBloom: everyone on the earth has seen this, but I think all the ideas are applicable to SMB acquisitions & operations
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter @BoilerPlateCPA @thomasince @ElliottEHolland @austinrileygray @realrookieceo @KHendersonCo @SBA_Matthias @kelceylehrich @sbabmarks @girdley @RomanSB1 @RegZeller @SahilBloom (27/27) @lawyer4SMBs: Seller notes / financing for small businesses - literally everything you need to know about them, and how to have the seller finance your deal
@SMB_Attorney @rodrepairs @ClintFiore @BrentBeshore @ConnorAbene @JordanPCarter @SievaKozinsky @BuySellSMB @ChandlerReedSMB @brianbeers @sweatystartup @patrickdichter @BoilerPlateCPA @thomasince @ElliottEHolland @austinrileygray @realrookieceo @KHendersonCo @SBA_Matthias @kelceylehrich @sbabmarks @girdley @RomanSB1 @RegZeller @SahilBloom @lawyer4SMBs If you liked this thread, I'd request you RT the first tweet this thread (link right below here). I'll love you forever.
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