Business Buying Strategies from The Dealmaker's Academy Profitable Deals and Acquisitions - 2024 Highlights Part 1
Dec 31, 2024
Join James Gardner, Dan Bound, Akram Abdullah, and Nick Manuel as they share their impressive achievements in business acquisitions. James highlights the importance of foresight and simplicity in deal-making. Dan discusses his first eight-figure acquisition in plant hire, showcasing forward-thinking negotiation tactics. Akram shares his quick turnaround in a commercial cleaning business, while Nick reveals how he secured a balloon printing company in just two weeks through aggressive negotiation. Discover their innovative strategies and insights for successful business acquisitions!
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No-Money-Down Deal
- Danny Beaumont bought manufacturing businesses without personal funds, leveraging the businesses' owned property.
- He paid sellers for the factory upfront and deferred business payment over years, achieving a no-money-down deal.
Finding Deals
- Buy your first business directly from the owner for simplicity.
- Once you have credibility, explore other sources like brokers, but let them approach you.
Dual Portfolio Strategy
- Build a commercial real estate portfolio alongside your business investments.
- This provides capital growth and a retirement plan, offering refinancing and selling options.