Andy and Jessica welcome you to another episode of The Deal Board Podcast. In today's episode, they are joined by Carl Allen, who is with the Dealmaker Wealth Society and is also the author of The Business Giveaway: How To Acquire A Quality, Established Business For Zero Cash: Veteran Business Acquirer Reveals "Secret" Formula For The First Time.
Carl talks about leveraged buy-outs in a constantly changing environment, how growth through acquisition should really be a strategy for all business owners, and how to implement it in a small business environment.
You Are Invited to Celebrate 100 Episodes with The Deal Board!
The 100th episode is just about to happen; one hundred episodes delivering valuable information on how to buy, sell and run a business. To celebrate this special occasion, Andy and Jessica are going to put together an episode with100 Business Tips, and they will do it by having a little contest. You need to go to The Deal Board Podcast, click on the link to The Deal Board YouTube Channel, subscribe, and comment on this episode your best business tip. The best ten tips will be brought onto the show and you will have the chance to go live in the hundredth episode that will be launched on March 18th and win a special prize.
Listing of the week: Stephen Blain (Western North Carolina) is selling four vacation homes located in Haywood County, North Carolina. Valued at $1.86 million. These properties are booked weeks and months in advance, and 50% of their customer base are repeat customers. Super clean books and an outstanding reputation. Business value: $300,000. SDE: $110,000. Email Stephen at sblain@tworld.com or call him at (828) 528-5251.
Key takeaways:
[5:29] Deal of the week: Dustin Audet (Rocky Mountains) recently sold a 30-year-old landscaping business. Sold at $1.35 million in an SBA deal with two buyers.
[8:28] Carl Allen from Dealmaker Wealth Society
[8:54] Carl shares some of his background and story.
[16:03] Carl talks about the origins of the Dealmaker Wealth Society.
[17:15] Carl helps people minimize the risk when buying a business.
[18:56] Understanding the seller psychology.
[20:30] Why businesses don't sell.
[22:32] Unrealistic expectations disturb business sales.
[22:51] Scaling an existing business by acquisition.
[26:38] Carl gives advice to anyone interested in getting into the mindset for buying or selling this year.
[28:26] Listing of the week: Stephen Blain (Western North Carolina) is selling four vacation homes located in Haywood County, North Carolina. Valued at $1.86 million. Super clean books and an outstanding reputation. Business value: $300,000. SDE: $110,000.
Mentioned in this Episode:
The Deal Board Podcast
Subscribe to The Deal Board Podcast YouTube Channel
United Franchise Group
Transworld Business Advisors
Transworld on Linkedin
Transworld on Facebook
Call us — (888) 711-9018
Email us thedealboard@tworld.com
Call Dustin Audet at (970) 618-9330 or email daudet@tworld.com
Email Stephen at sblain@tworld.com or call him at (828) 528-5251
Trainwithcarl.com/dealroom
Tweetables:
"Buying a business is one of the most underappreciated ways to get money." #thedealboard #transworldbusinessadvisors #business #growingthroughacquisition
"A business advice from Carl Allen: Buy, don't stop." #thedealboard #transworldbusinessadvisors #business #growingthroughacquisition
"About one in 11 businesses that list for sale actually transacts." #thedealboard #transworldbusinessadvisors #business #growingthroughacquisition
"Anything valuable in life takes a lot of work." #thedealboard #transworldbusinessadvisors #business #growingthroughacquisition
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