SOBRE ESTE EPISÓDIO
When the owner refused a seller note in the $6m transaction to sell his business, Tom McCormick had to get creative.
Register for the webinar:
- Understanding a Quality of Earnings Analysis: What's Included and Why - TODAY!! - https://bit.ly/43sZcKn
Topics in Tom’s interview:
- From IBM executive to acquisition entrepreneur
- Building banker relationships to source better deals
- Closing on his first LOI
- Consulting agreement replaced traditional seller note
- “I wish I would've started this path 15 years ago.”
- Winning seller’s trust through shared values
- Using ROBS to buy a larger company
- A costly lesson about accounts receivable valuation
- Prioritizing keeping the blue collar workforce happy
- “I am so much happier now.”
References and how to contact Tom:
The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business:
Get a complimentary IT audit for acquisition diligence or post-close transition.
- Visit inzotechnologies.com/eta.
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact jenny@aspenhr.com
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov and produced by Pam Cameron
Inglês
Estados Unidos da América
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OUTROS EPISÓDIOS NESTE PODCAST
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Register for the webinars:
Protect the Business: How to Diligence Insurance Pre-Close - TODAY!! - https://bit.ly/4xvNj2E
Sizing an SBA Loan to the Cash Flow - Tue, Sep 29 - https://bit.ly…
Patrick Dunphy acquired a low-seven-figure interpreter agency, then halved its collection times in year one.
Topics in Patrick’s interview:
From Army aviation to business ownership
Why Patrick chose ownership over corporate success
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Turning red flags in…
Jack Rauch left politics for a niche Florida business no bank would finance. He's doubled revenue twice since.
Register for the webinar:
Sizing an SBA Loan to the Cash Flow - TOMORROW!! - https://bit.ly/4hrFwge
Topics in Jack’s interview:
From the White House to entrepreneurship
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Colin King and his 50/50 partner have paid themselves little since 2018, reinvesting profits back into their businesses.
Topics in Colin’s interview:
Growing Circle City Capital’s business portfolio
Don’t call them private equity
Why Colin stopped wanting operational roles
Why critical mass matte…
Manolo Diaz Corrada came home to Puerto Rico to build for decades and keep the wealth from leaving the island.
Register for the webinars:
Working Capital: What Buyers Need to Know Before Closing - TOMORROW!! - https://bit.ly/4yJUdSX
Protect the Business: How to Diligence Insurance Pre-Close - Thu…
Aviso: O podcast e a arte incorporada nesta página são de Will Smith, que é propriedade de seu proprietário e não é afiliado ou endossado por Listen Notes, Inc.
EDITAR
Obrigado por ajudar a manter a base de dados dos podcasts atualizada.
