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Let’s Buy a Business

Latest episodes

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May 24, 2022 • 21min

How to Buy a Business that Needs You with Jason Condie

Jason Condie, a former Spanish teacher, shares his journey of transitioning from teaching to owning multiple businesses. He talks about finding a business that aligns with your skillset, the importance of focusing on strengths and hiring for weaknesses, and the value of incremental growth. Jason also discusses his expertise in digital marketing and his recent acquisition of a course business.
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May 17, 2022 • 29min

Robert Graham and Juan Ruiz - Examples of Multimillion Dollar Deals

Robert Graham and Juan Ruiz dive into specific deal examples for searchers. Robert helped 6 searchers close deals last year and Juan runs COMMUNETA at Harvard. We dive into… Dealing with non-recurring revenue How to handle unique business risk with investors Stock Sales to keep contracts in place Unions :) It's a fun convo. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Juan Ruiz http://communeta.com/ info@communeta.com Connect with Robert Graham https://www.linkedin.com/in/robertelliotgraham http://searchinvestgroup.com/ rgraham@searchinvestgroup.com https://www.linkedin.com/company/searchinvestgroup 
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May 12, 2022 • 17min

5 Ways to Free Up Cash Flow in Inventory Business - Matt Putra

Matt Putra is an eCommerce expert and fractional CFO for eCommerce brands. He’s built, bought and consults for many eCom brands. We dive into… How to free up cash flow 5 Specific Actions to take to squeeze out working capital Good Debt vs Bad Debt Why eCom is taking a massive hit. Episode Resources 10 Step Video series to Finding a Company to Buy Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Matt Putra https://www.linkedin.com/in/mattputra https://www.eightx.co/ https://keepnaturewild.com/ 
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May 5, 2022 • 32min

Mike Finger - 4 Successful Exits, Unique Acquisitions

Mike is the CEO of ExitOasis.com and has bought, built and sold 4 businesses. He’s also been a broker and coaches people on how to sell their business now. Mike found his first acquisition by driving around town and talking to owners. His Framework of Successfully Selling your Business: Desirable Results Duplicate Results Document Results The Owners wait too long to think about getting it ready to sell, then they fail. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Mike Finger Linkedin - https://www.linkedin.com/in/mike-finger-35130b31/ mfinger@exitoasis.com https://exitoasis.com/ Help to defend Ukraine — donate to Ukraine’s main charity fund — https://savelife.in.ua/en/donate/ Help to defend Ukraine — donate to the fund of the National Bank of Ukraine: https://ukraine.ua/news/stand-with-ukraine/ Ryan Twitter - https://twitter.com/ryanpaulcondie 
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Apr 28, 2022 • 8min

What Makes a Good Seller

I dive into a short episode on an example of a good seller, the business traits and their own traits that generated a ton of interest in the market. -- No Short Cuts in Bookkeeping or Products -- Built for Transition - Hired the right people to Optimize -- Steady growth for 6 years of Operating History -- Good Margins on Evergreen products and Industry -- Good People Recipe for success. :) Episode Resources Help to defend Ukraine — donate to Ukraine’s main charity fund Help to defend Ukraine — donate to the fund of the National Bank of Ukraine Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv1 
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Apr 19, 2022 • 41min

Online Tricks to Old School Business: Interview with Matt Blackwelder

Matt was the main guy going in to acquire businesses to run them. His Private Equity company bought 18 businesses in 18 months with Jared Zemp. We also breakdown how to use new tactics from online to offline businesses. Episode Resources Help to defend Ukraine — donate to Ukraine’s main charity fund Help to defend Ukraine — donate to the fund of the National Bank of Ukraine Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with Matt Blackwelder https://www.linkedin.com/in/matthew-blackwelder-004a91b1/ 
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Apr 14, 2022 • 26min

Jared Zemp Interview - Buying 18 Businesses in 18 Months (Part 1)

Jared bought 18 businesses in a very short time period. He talks about his highs and lows while creating a fund to buy and operate small businesses. Jared has some crazy acquisition stories such as 30% of his revenue from a furniture store he bought was actually a prostitution ring. He drops some knowledge bombs here if you want to buy businesses. Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ Connect with Jared Zemp jzemp@crowchild.com https://www.crowchild.com/micro 
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Apr 4, 2022 • 29min

Buying a Commercial Janitorial + Hiring a GM from Day 1 with Jordan Inman and James Maxwell

Great episode with Jordan Inman and James Maxwell. They bought a great local business through a self-funded search process. We dive into.. -- When partners make sense -- Working with amazing sellers -- Deal Structure + Bankers on your team Episode Resources Traction Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Jordan Inman and James Maxwell Jordanrinman@gmail.com Jmaxwell814@gmail.com 
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Mar 31, 2022 • 35min

Lessons learned on 100's of Acquisitions with Jeremy Harbour - Go Do Deals

Jeremy is the founder and CEO of Unity Group, a leading merger, acquisitions, and IPOs firm that specializes in helping entrepreneurs grow their small to medium enterprises (SMEs). The firm actively invests in SMEs in the $1-$15m turnover range and has offered advice on over 300 mergers and acquisitions worth billions of dollars. We dive into... -- Deal Structure -- How to buy businesses through consulting -- Acquiring Competitors for $1 "You make money selling businesses, not operating businesses" Episode Resources Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 Connect with Jeremy Harbour https://www.jeremyharbour.com/ https://www.linkedin.com/in/jeremyharbour/?originalSubdomain=sg Go Do Deals
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Mar 24, 2022 • 9min

Funding an Acquisition between $200-$400k

One of the most common questions I get is how to fund a business between the ranges of $200k and $400k. There aren't great options here because most banks won't loan on this amount, an unproven business sometimes, may not be big enough to support you, etc. Here are a few options though. 1. Save up. This can take awhile. 2. SBA from a local bank. Has to be local. 3. Find an investor on good terms, make it interesting to them. 4. Short term debt (I'M NOT A FAN OF THIS and don't recommend it) 5. Seller note 6. Find a new sweet spot in terms of price range.   Episode Resources Help to defend Ukraine — donate to Ukraine’s main charity fund Help to defend Ukraine — donate to the fund of the National Bank of Ukraine Connect with Ryan Condie http://linkedin.com/in/ryancondie http://letsbuyabusiness.com/ https://forms.gle/RRcXpe3dK7pNGqv16 

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