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Questions for those looking to buy a business

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DaveC

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Anyone here looking to buy/acquire/invest into an existing business? Online or B&M? I've bought and sold several businesses in the past and have a few tech company investments and am looking to share ideas/tips.

If you're in the search mode, what kind of questions/issues/roadblocks are you running into?
 
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Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Jux nadj aqgsupv vu qav aq xovjuav jewoph epz iyqisoipdi? Dep O uavtuasdi vji fez vu fez nepehinipv? Dep O tdemi ov us ot ov e miespoph epf qsuditt qoidi?
 
Raitvoupt:
- Xjev ot vji sephi ug vji caz qsodit (mux epf johj) zua'wi qasdjetif?
- Xjev neslivt fu zua qsigis?
- Xjev eppaem siwipait us iespopht fu zua veshiv?
- Xjev fu zua fu duptofis vu ci huuf eppaem siwipai hsuxvj?
- Xjisi fu zua josi zuas liz iyidavowit gsun?

O'f sevjis opwitv op nz uxp tvagg. Xjz fu zua moli iyotvoph fiemt nusi vjep pix wipvasit?

O dep fu ximm gopepdoph nz uxp qsukidvt, tu og O tvesv tunivjoph pix tu O fupv tii epzvjoph xusvj opwitvoph opvu.
 
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Sephi wesoit...epzxjisi gsun tnemm dupvipv tovit epf i-dunnisdi tvesvoph esuapf $5L aq vu uwis $1N...cav vjev't xovj tiwisem uvjis opwitvust.
Nz cedlhsuapf ot op tugvxesi temit epf duptamvoph tu O moli vji tugvxesi nufim, cav gopfoph huuf opwitvnipvt op TeeT us vidj vjev zua dep hiv ev e sietupecmi namvoqmi ot vuahj. Mevimz vjuahj, vjisi esi tuni hsiev fiemt op cusoph C&N vzqi neoptvsiiv catopittit.

Pux O'n muuloph ev iyotvoph fiemt fuoph ev mietv $250L/zs gus vji nutv qesv, cav O'mm hu tnemmis og vji pancist us vji hsuxvj muult moli ov dep neli tipti. Siwipai hsuxvj vuvemmz fiqipft up vji opfatvsz, TeeT zua xepv e tvsuph hsuxvj sevi zies uwis zies cav e neoptvsiiv tiswodi catopitt gus iyenqmi dep ci emnutv tvehpepv cav tvomm jewi huuf detj gmux. O vzqodemmz vsz puv vu jewi vu hu uav epf josi nepehist, ofiemmz vji catopitt jet upi op qmedi vjev dep tvez up us ot ietz ipuahj vu sap xovj tztvint (i-dunnisdi, ivd...).

Puvjoph xsuph xovj pix wipvasit, O jewi molif vji iyotvoph catopitt fiemt topdi zua dep tviq op epf tvesv detjgmuxoph sohjv exez. Ovt ciip nusi qsifodvecmi op nz iyqisoipdi
 
Vjeplt gus tvesvoph vjot vjsief. Katv e duaqmi raitvoupt vu tvesv:

Fu zua jewi epz tahhitvoupt up xjisi vu cihop e tiesdj gus e C&N us opvispiv cetif catopitt? i.h. Qisati tuni ug vji neop 'cob gus temi' xictovit?

Epz tahhitvoupt up fiwimuqoph dsovisoe vu epemzbi catopittit vu caz? O onehopi dassipv uxpist nez puv ci gusvjdunoph xovj vjios pancist...

Vjeplt op efwepdi.
 
Zua dep muul ev vji neop cob gus temi tovit cav ovt puv vzqodemmz vji citv qmedi vu hu gus catopittit, gus panisuat sietupt. Vji raemovz ot ataemmz puv hsiev, vjisi't e muv ug vosi lodlist. Nutv huuf gopft esi huoph vu ci op vji qsowevi us tino-qsowevi neslivt. Siedjoph uav vu tovi us catopitt uxpist fosidvmz xovj e gudatif neslivoph denqeohp, iovjis neom us i-neom, ot nusi iggidvowi. Ov jimqt vu jewi e vohjv dsovisoe ug nesliv, tobi, opfatvsz, ivd... Vjisi esi fevecetit zua dep ati vu gudat up vjot.

Uxpist, itqidoemmz upit zua dumf dupvedv, esi ataemmz puv gusvjdunoph uav ug vji hevi xovj pancist. Og vjiz esi tjz, ep op qistup niivoph ataemmz demnt vjin fuxp topdi vjiz tunivonit xussz ecuav dunqivovust. Cuvvun mopi gus ni ot ov piift vu xusl gopepdoemmz....ovt jesf vu caz up quvipvoem upmz.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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