26 min listen
Will we testify for this $6.1mm witness prep biz? - Acquisitions Anonymous 225
FromAcquisitions Anonymous - #1 for business buying, selling and operating
Will we testify for this $6.1mm witness prep biz? - Acquisitions Anonymous 225
FromAcquisitions Anonymous - #1 for business buying, selling and operating
ratings:
Length:
33 minutes
Released:
Sep 5, 2023
Format:
Podcast episode
Description
In Episode 225, Heather (@EndresenHeather) and Michael (@girdley) explore an expert witness prep business. The seller is asking for $6.1 million for a Boston-based business with $4.1 million in revenue and $1.25 million in cash flow. They discuss the risks tied to the business's heavy reliance on the seller's connections and the unpredictable revenue patterns in the industry and debate whether the business can be scaled by expanding its reach beyond the seller's network and hiring sales representatives. You can find the listing here: https://www.bizquest.com/business-for-sale/expert-witness-prep-and-placement-for-law-firms/BW2117764/Thanks to this week's sponsors!Employer Flexible will help you take action to streamline your company’s HR processes. They are the proud provider of flexible and adaptable PEO services. If you’re a small business trying to grow, and you’re struggling with a lack of internal HR, or you’re just dissatisfied with your current HR setup, consider Employer Flexible as your next vendor for HR outsourcing services.Check them out at https://www.employerflexible.com/.------------------CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options. Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.
Released:
Sep 5, 2023
Format:
Podcast episode
Titles in the series (100)
A Gov't contractor that does *everything* / Orange Theory Franchises - Acquisitions Anonymous e7 by Acquisitions Anonymous - #1 for business buying, selling and operating