The Entrepreneur’s Edge with Bill Kelly Expert Advice on Buying and Selling a Business on the IBGR. Network ...The World of Business at Your Fingertips Week 10, Episodes 37-40, Preparing to Buy a Business Welcome to week 10 of the Entrepreneur’s Edge with Bill Kelly Quote of the Week: “It’s in the moment of decision that your destiny is shaped” – Tony Robbins 2022 is off to an amazing start! This could be the year you change everything. This could be your year! 2022 will offer entrepreneurs all over the world tremendous new opportunities to zero in on the changing marketplace and capitalize on overlooked product and services development or enhancements. If you’ve built a solid company and are thinking of retiring don’t hesitate. All the experts say there is more investment capital available now than any time in the last decade! The SBA and Banks are offering business loans at a fever pitch so don’t miss out. My team and I are eager to meet with you and plan the purchase or sale of your business! If you or someone you know, is interested in starting, selling, or buying a business or franchise, or perhaps you’re considering expanding your business by becoming a franchisor. Please contact me. My team and I can give you solid advice and help you accomplish any of these goals. As a Senior Business Advisor and Virginia Commercial Real Estate Agent I’m proud to be a part of Transworld Business Advisors of Richmond. My company John Almond & Associates, Inc. offers a wide array of professional services to entrepreneurs looking to acquire, sell, or start a business in Virginia. Contact me, Bill Kelly, AT 804-510-0670 or email me at bkelly@tworld.com Episode 37 Preparing to Buy Your First Business Self-assessment and careful planning is the best recipe … but don’t let it consume your passion. Don’t listen to people who tell you … “you can never get rich working for someone else”. Of course, you can, I know many people who have lived wonderful, fulfilling, lives working for an employer, be it a position with a business, organization, or government. All it takes is careful planning, patience, and the will to succeed. It’s no different if you decide to own a business, it’s just a bigger commitment.
Tags: Buying a business, financing a business, personal assessment, business brokers, buying a franchise, Transworld Business Advisors EPISODE 38 Getting pre-qualified will give you confidence Using friends, family, and investors to reach your goal. Most small business entrepreneurs do not have enough capital to buy the business they want to purchase. Taking stock of your resources before you make an offer to buy a business will help you approach a seller and make offers with confidence. If you know how much money you have to work with, you can negotiate from a stronger position.
Episode 39 More creative ways of finding business acquisition funds. Getting creative can bring you the funding you need. Buying a business will usually involve one or more creative financing methods. Of course, using friends, family, and investors to reach your goal is the first place to look. Here are a few alternatives to review when searching for acquisition capital.
Episode 40 The costs of creating financing. Ensuring the financial stability of the company should never be sacrificed. In the last three episodes we talked about the many methods of creative financing and funding for the purchase of a business. In this episode we will discuss the limits of creative funding and the effects it can have on the success of the business.
Short Bio: Bill Kelly is a Senior Business Broker and Franchise Consultant for Transworld Business Advisors of Richmond, VA. He is also a Licensed Virginia Commercial Real Estate Agent. Bill has been a lifelong Entrepreneur and has personally started or purchased and then sold eleven businesses. He lives in Richmond, Virginia, with his wife Rebecca, and has two daughters, and one granddaughter. Contact links: bkelly@tworld.com Social Media: Facebook: https://www.facebook.com/BillKelly1955 LinkedIn: https://www.linkedin.com/in/billkellyprofile/ Website: https://www.tworld.com/agent/billkelly/ LISTEN LIVE: IBGR.Network Subscribe to Podcast
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