A Few Hours Per Week, a Few States Away
Acquiring Minds
00:00
Mastering Negotiation and Financing Strategies
This chapter explores the art of negotiation, highlighting the importance of silence and strategic funding methods, including the use of 401(k) funds and ROBS accounts for business acquisitions. The discussion delves into the complexities of securing SBA loans versus second mortgages, along with the challenges of maintaining working capital in the construction industry. Additionally, it emphasizes the significance of a 13-week cash flow projection and effective financial planning to ensure business sustainability and growth.
Transcript
Play full episode
