46 min listen
Finding a Great Business in Cow Country
FromAcquiring Minds
ratings:
Length:
88 minutes
Released:
May 23, 2024
Format:
Podcast episode
Description
Cody Agee thought food testing would be a good recession-resistant business to buy. 2 weeks later, one listed for sale.Topics in Cody interview:Bypassing business schoolCashing out his 401(k) without using ROBSBuying a food safety and testing labThe moat of licensing requirementsHis advantage over much larger competitorsAdjusting purchase price based on quality of earnings reportFinding investors on TwitterPersonally guaranteeing the seller noteHow he uses EBITDAR vs. EBITDAPutting in an enterprise resource planning (ERP) systemReferences and how to contact Cody:LinkedInTwitter/Xcody@splitmountaincapital.comSierra Dairy LaboratoryDino SawayaWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:Matthias Smith of Pioneer Capital AdvisoryGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter
Released:
May 23, 2024
Format:
Podcast episode
Titles in the series (100)
How to Buy a Medical Billing Business: Less than a year after acquiring a $1m medical billing business, Curt Neider is already looking for his second deal. by Acquiring Minds