37 min listen
Buying a $4m Business (with 80% Recurring Revenue)
FromAcquiring Minds
ratings:
Length:
88 minutes
Released:
Feb 1, 2024
Format:
Podcast episode
Description
Register here for the webinar, The Anatomy of an LOI:https://bit.ly/4263xl0It was only after Michael Young started an accounting practice that he found the much larger practice he would then buy.How his father’s failed business influenced himBeing rejected by a search acceleratorStarting an accounting firm while searching18 months of dead deals before acquisitionRole of luck in business successRole of his wife How accounting practices are valued and pricedRed flags to look for during diligenceRole of PASBA in shaping accounting practicesHis advice for searchers looking at accounting practicesReferences and how to contact Michael:michael@bay-biz.comLinkedInPASBAPatrick DichterLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabGet a complementary pre-acquisition HR & PEO review for your target business:Contact mark@aspenhr.com or visit Aspen HRConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter
Released:
Feb 1, 2024
Format:
Podcast episode
Titles in the series (100)
Pivoting to Swag in 7 Acquisitions Over 8 Years: Two brothers took over a 110-year-old business in a stagnating industry. 7 acquisitions later, the future is bright. by Acquiring Minds