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How to Buy A Business with No Money Down #1766

How to Buy A Business with No Money Down #1766

FromMarketing School - Digital Marketing and Online Marketing Tips


How to Buy A Business with No Money Down #1766

FromMarketing School - Digital Marketing and Online Marketing Tips

ratings:
Length:
6 minutes
Released:
Jun 15, 2021
Format:
Podcast episode

Description

In episode #1766, we share a few different approaches to purchasing businesses that don’t require you to put any of your own capital on the table. We spoke previously about the value of investing in hard assets during inflationary periods, and a business is another form of hard asset. So if you can get a hard asset right now by spending no money, that is a double whammy. Tune in and hear which types of businesses to look for and how to buy them using seller financing, capital raising, and call options! TIME-STAMPED SHOW NOTES: [00:25] Today’s topic: How to Buy A Business with No Money Down. [00:25] Why the idea that you have to spend money to buy a business is false. [01:05] Use seller-based financing to pay off the seller while you run their business. [02:15] The abundance of businesses to be bought from senior business owners. [02:47] How to raise capital for the downpayment of an acquisition. [03:47] Failing businesses are cheaper to buy but more work to fix. [04:00] Another option in the form of buying a business using a call option. [04:36] Go to marketingschool.io/live to hang out with Neil and Eric in September.   Get ad-free listening plus exclusive content with Marketing School Pro. Try for free at www.marketingschool.io/pro   Links Mentioned in Today’s Episode:   MicroAcquire   Leave Some Feedback:     What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review.     Connect with Us:    Neilpatel.com Quick Sprout  Growth Everywhere Single Grain Twitter @neilpatel  Twitter @ericosiu
Released:
Jun 15, 2021
Format:
Podcast episode

Titles in the series (100)

Neil Patel and Eric Siu bring you daily ACTIONABLE digital marketing lessons that they've learned through years of being in the trenches. Whether you have a new website or an established business, learn the latest SEO, content marketing, social media, email marketing, conversion optimization and general online marketing tactics that work today. With over 35 million downloads and 1,400 episodes, you're sure to find something that will help you grow faster. If you're interested in being a guest on the show, e-mail eric@singlegrain.com to get on the waitlist.