6 Months to Buy a Business with $1m+ in EBITDA
Acquiring Minds
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Don't Do a Rob's Transaction
My father helped me out with some money that we agreed that I would pay back within 18 months and a happy share faded back. But the reason for that was that I was looking at doing a Rob's transaction, which I was equipped to do. After a lot of advice from financial, individual CPAs and lawyers, ultimately avoided the Rob's structure. My basically kind of the overarching guidance I was given is that if it's the only way you can purchase a business then it's worth it.
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