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#118 Cam Nagle | How to buy a 'boring' business (that builds your wealth)

Money Minded

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Navigating Business Acquisitions

This chapter explores the key factors indicating a business's financial health that buyers should consider before making a purchase. The speakers discuss the significance of profit and loss statements, the dynamics of acquiring 'boring' businesses for wealth creation, and the nuances of negotiation, emphasizing the need for flexibility and creative deal structuring. Listeners will gain insights into the complexities of financing options and the importance of ensuring mutual satisfaction in business transactions.

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