How to a business [the right way] and replace your day job feat. Jordan Kelliher
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- Опубліковано 16 жов 2024
- How to Buy a Business Masterclass with Jordan Kheleher
In this episode, Jordan Kheleher provides an in-depth masterclass on buying a business. Topics include business valuation, revenue multipliers, real-life examples from BizBuySell, the realistic prospects of replacing a day job by buying a business, and the necessity of having the right support team for the acquisition process.
Jordan also shares insights from his background in logistics and finance, as well as his personal motivations for business brokerage.
Key learnings cover financials, the importance of dealer teams, business plan essentials for SBA loans, and the state of the business acquisition market.
⏰ Timestamps:
01:08 Jordan's Background and Journey
02:09 The Business Acquisition Landscape
03:46 Steps to Buying a Business
05:52 Exploring BizBuySell
07:53 Evaluating a Scrap Yard Business
18:05 Financing Your Business Purchase
27:32 Exploring Financing Alternatives
29:12 Understanding Proformas and Financial Modeling
30:35 Key Business Terms Explained
33:44 Differences Between Mom and Pop vs. Franchise Businesses
34:57 Finding and Evaluating Business Brokers
43:03 Social Media Strategy and Growth
Connect with Jordan:
Instagram: / jordan_kelliher
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Thanks for having me on. That was a great time 👍
Thanks for dropping the knowledge!