by Matt | Feb 24, 2016 | Business Search, General
Buying a business is a journey. Along the way you will learn a few immutable truths; some obvious, some not. Here are the 13 things I learned while buying my business. 1. A broker’s job is to sell a business, not be a business man (or woman). A broker is a...
by Matt | Feb 2, 2016 | Business Planning, Business Search, General
I was on the way back home from Minneapolis and started going through my notes from the week. I came across a list of ideas I have had or explored over the past 1.5 years while I was figuring out what was next. I also included two detours working for other people....
by Matt | Nov 15, 2015 | Business Search, General
Once again I engaged Centurica to help me with the diligence. After the fraud the discovered last time (what I call overstating revenue by 22%), I wasn’t taking any chances. The service cost a bit more this time (3 sites) but still very reasonable. Before I...
by Matt | Nov 10, 2015 | Business Search, General
After spending a few weeks recovering from the recent debacle, I picked myself up and focused on finding a new business. I contacted the brokers that I had been in touch with before and reactivated all my alerts. In a short while, I had deal flow and was reviewing...
by Matt | Nov 3, 2015 | Business Search, General
Like everyone else I need to earn a living. At this point (July 2015) its been a year since I left my previous company and had drawn a salary. During the past year, I worked on an Internet Startup that we never got off the ground and joined another as Co-Founder/...
by Matt | Oct 28, 2015 | Business Search, General
In order to properly vet the company, I decided that I would engage Centurica; a company that specializes in diligence on Internet businesses. I could have done it myself but given I am new to the industry, it’s always smarter to hire an expert. During the LOI...