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How to Buy a Big Business with a Buy-Side Advisor

How to Buy a Big Business with a Buy-Side Advisor

Published 4 years, 3 months ago
Description

Jason Andrews paid $250k to a buy-side advisor to help find & acquire his first business — and would 100% do it again. 

Themes from Jason's interview:

  • Paying a premium for a good business
  • Working with a buy-side advisor: price, value, what they do
  • Speaking to 30 sellers
  • Buying a business in your 40s
  • Taking a big swing
  • Where he invested his time during due diligence
  • Whether he was "buying a job"
  • The consulting agreement he structured with the previous owners
  • Buying big or buying small
  • Going from corporate to small business
  • Pros & cons of group purchasing organizations (GPOs)

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