Everyone's Your Best Friend After You Buy A Business

At a time when boomers are looking to unload their companies, people in the deal world want to invest in proven acquirers.

Have you ever had a woman ignore your texts or phone calls, and the more she disses you the more you try to make contact? Then when you go out with someone else, suddenly you start hearing from her?

A business acquisition is no different. Once you’ve closed your first deal, and you let the world know you’re ready to do another one, accountants, lawyers, M&A guys and lenders will suddenly start to reach out. Accountants don’t make their money off year-end financial statements, they make it off transaction fees when deals close. In a day and age when there are more business sellers than there are buyers, thanks to all the boomers looking to unload their companies and retire, people in the deal world want to invest in you.

Unless you’re a public company that can issue shares to raise equity, or you have enough cash on hand to swing a deal without financing, you need to raise debt to make an acquisition. What does that mean?"

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Everyone's Your Best Friend After You Buy A Business:

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.