How To Be Successful At Buying Companies
If you're an entrepreneur and you're looking to grow your business to seven, or eight, or even nine figures in the shortest time possible, then understanding how to successfully buy companies is great way to scale almost any business fast, and also to massively increase your profit margin, if done right.
Now, if this is the very first time you're seeing one of my videos, my name is Chris Guerriero. And I built nearly a dozen businesses, four of which are eight figure companies. I've also bought and sold companies in a variety of different industries.
I know that buying a business is initially kind of scary for some people. And it probably should be, because there's a lot that could go wrong. Unless, of course, you know how to do it, right. Which is part of what I want to go over here today. Because if you know how to do it, then the risk is far less. And the upside is just so much better.
In fact, these days, I wouldn't buy a company or even invest in one unless I thought that I had a very high chance of making it a big win for everybody involved.
One of the main tools that I use to figure this out is a series of questions in twelve different categories. I’m going to share those categories as well as the questions so that you have a really good understanding of how we go out in there and evaluate companies before potential purchase. Plus how you can too, if buying a business sounds good to you.
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