Avoid Business Failures and Restore Your Profits

  Рет қаралды 18,126

EntreLeadership

EntreLeadership

11 ай бұрын

Today we’ll hear about:
• How to reopen a business that’s a good concept but failed under prior management
• A business owner who’s making $16 million a year and growing
• The top things you should watch out for when buying a business
• Why it’s so important to have a succession plan in place with a family business
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Пікірлер: 14
@neodaltiair8624
@neodaltiair8624 11 ай бұрын
First caller should ask for referrals in exchange for the free month.
@WanderCampesino
@WanderCampesino Ай бұрын
Dave’s face at 3:00 to 3:30: hilarious
@AnimateAlex
@AnimateAlex 28 күн бұрын
Is it just me or watching a business fall apart that closes because they can't make rent probably doesn't come to mind as a business I want to buy ever
@RogueLearner
@RogueLearner 11 ай бұрын
Thank you ,Dave! Great insights
@Withlindaandrews
@Withlindaandrews 11 ай бұрын
Get a signature scent! 9:35 non toxic but yummy!
@amandawittpenn5673
@amandawittpenn5673 11 ай бұрын
Starting at 21ish min, please explain how this deal is beneficial to the seller? Who's to say the buyer isn't going to just run the company into the ground and then the seller makes nothing from it?
@Luke_Tahoe
@Luke_Tahoe Ай бұрын
A ton of local businesses do this because they can’t find a cash buyer for the business. If it’s a business worth more than just its revenue, you also don’t want to pass it off to just anyone, even if they’re willing to pay your price in full.
@jeffreyrichardson
@jeffreyrichardson 11 ай бұрын
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@RealFrankieFriday
@RealFrankieFriday 11 ай бұрын
The model Dave describes for the deal makes no sense from the seller’s point of view. The seller is already going to get the profits for the next few years as is, so they’d be giving away the company for free.
@RealFrankieFriday
@RealFrankieFriday 11 ай бұрын
29 minutes in
@GurloveKahlon
@GurloveKahlon 11 ай бұрын
They wouldn't be working for anything.
@RealFrankieFriday
@RealFrankieFriday 11 ай бұрын
@@GurloveKahlon at 29:00 "after I pay myself a salary"
@jeffreyrichardson
@jeffreyrichardson 11 ай бұрын
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