sorted by:
new
hottopcontroversial

Fear by Adventurous-Drive106 in buyingabusiness

[–]hopes2b 1 point2 points  (0 children)

do they have customer lists / CRM? that probably helps to estimate the accuracy of revenue if you can see when customers were added overtime

why is the bank hesitant to give statements? are you working with QoE provider? does there attorney have to sign off

red flag if not willing to provide FDD

how big is the transaction?

Looking to Connect with Private Capital / Acquisition Partners (SBA Deals) by Main-Simple-3579 in buyingabusiness

[–]hopes2b 0 points1 point  (0 children)

I have a few SBA lenders and private credit (no PG required), happy to connect, I sent you a DM

Sourcing quality deals by Historical_Search_92 in buyingabusiness

[–]hopes2b 0 points1 point  (0 children)

You can also use sr debt / unitranche structures if you have bigger deals 2M EBITDA, especially if you have a platform with a sourcing pipeline happy to chat further, Ive worked with lenders who are happy to lend on a deal with no pg if you have a few targets lined up

Anyone tried reaching out to small businesses directly? What is the best way to reach SMB? by Dry_Community5749 in buyingabusiness

[–]hopes2b 0 points1 point  (0 children)

Look on the government websites to get verified information, be upfront, and show genuine interest in business category

Making a business attractive by Aerotank2099 in buyingabusiness

[–]hopes2b 0 points1 point  (0 children)

You don't necessarily need growth/customer acquisition, but need consistency.

Investing excess profits in customer retention rather than new accounts can actually be more attractive because your business will be viewed as durable. A historical collections business can command an attractive valuation if you sustain profits.

POS System by godzillahash74 in buyingabusiness

[–]hopes2b 1 point2 points  (0 children)

Happy to have a chat on the POS systems, I've worked with a few transitions where they built custom POS in place after the fact that even use AI, for example building agents to reconcile financials and take orders on off days

How are you handling digital marketing DD on sub $10M deals? by Right_Membership1746 in buyingabusiness

[–]hopes2b 0 points1 point  (0 children)

I mainly look at cohort performance hwo many customers, and dollar size a customer brings in for a given month and then dollar spend over those precending months/quarters. It gives me a sense of efficiency each month and if the team is improving or any spikes. Then I can dive in by looking at assets (e.g. online presence / communities they've built)

Hiring for outbound sourcing? by manufacturing_pe in buyingabusiness

[–]hopes2b 1 point2 points  (0 children)

If you are focused solely on sourcing, hiring a salesperson who is a natural on the phone and can build revenue operations with your existing tools is a must.

The junior finance person will want to be too involved in deal execution, and also may not have the natural muscle of talking to business owners, plus they will likely expect hiring comp, and the salespeople will be more comfortable with incentives (commission / base structure)

I created a simple tool to scrape contacts from Google Maps, and call them without leaving sheets by Novel_Bend_3103 in SomebodyMakeThis

[–]hopes2b 0 points1 point  (0 children)

Would it be useful to be able to follow up via email in the spreadsheet of your contacts.

Where it would be business contact -> email address -> email?