How an American Bought a Canadian Business
Acquiring Minds
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Navigating Financing Challenges in Business Acquisition
This chapter explores the intricacies of financing a business acquisition, from the initial bank funding falling through to negotiating a seller note and raising additional equity. It delves into the implications of an equitized acquisition, involving personal and familial investments, as well as challenges with SBA financing and the need for patience in long-term plans. The dynamic partnership aspect is also discussed, with a focus on roles, transitions, and the importance of aligning personal and professional goals.
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