Summary:
What does it take to successfully grow your business through acquisition in a landscape bustling with opportunity?
In this episode, Steve Burton and M&A expert Jeff Snell discuss growth through acquisition – one of the swiftest routes to scaling your business. With millions of baby boomers ready to pass on their businesses, now is a prime time for owner-operators to capitalize on this trend. Jeff, a seasoned professional with over two decades in mergers and acquisitions, shares his extensive experience, offering insights into acquiring businesses right, including understanding valuation and leveraging advantageous SBA loan terms.
Steve and Jeff discuss:
(02:24) Jeff Snell’s journey from business owner to M&A advisor
(09:12) The dynamics of growth by acquisition
(12:16) How the current high-interest rate environment can actually be advantageous for buyers
(15:13) The role of SBA loans in financing acquisitions with relaxed terms
(24:01) The importance of knowing your business value and how it influences exit strategies
And more
Take advantage of this golden age of business transition and discover how acquisition might be a viable strategy for your growth plan. Don't miss out on Jeff Snell’s expert advice on avoiding common pitfalls and maximizing value through strategic partnerships.
Resources:
Unlock your business’s potential with our free Scale to Sell self-assessment
Mission One Million by Merle Gilley and Steve Burton
Understanding Business Valuations with M&A Pro Jeff Snell (Ep. 24)
Connect with Our Team:
Connect with Adam Burton and Steve Burton:
Connect with Jeff Snell:
About our Guest:
Jeff Snell is an M&A expert with over 20 years of experience in business brokerage. He is the credentialing chairman for the International Business Brokers Association and holds several prestigious designations, including Certified Business Intermediary and Merger and Acquisitions Master Intermediary.
