How to Buy a Business Masterclass with Jordan Kheleher
In this episode, Jordan Kheleher provides an in-depth masterclass on buying a business.
Topics include business valuation, revenue multipliers, real-life examples from BizBuySell, the realistic prospects of replacing a day job by buying a business, and the necessity of having the right support team for the acquisition process.
Jordan also shares insights from his background in logistics and finance, as well as his personal motivations for business brokerage.
Key learnings cover financials, the importance of dealer teams, business plan essentials for SBA loans, and the state of the business acquisition market.
⏰ Timestamps:
01:08 Jordan's Background and Journey
02:09 The Business Acquisition Landscape
03:46 Steps to Buying a Business
05:52 Exploring BizBuySell
07:53 Evaluating a Scrap Yard Business
18:05 Financing Your Business Purchase
27:32 Exploring Financing Alternatives
29:12 Understanding Proformas and Financial Modeling
30:35 Key Business Terms Explained
33:44 Differences Between Mom and Pop vs. Franchise Businesses
34:57 Finding and Evaluating Business Brokers
43:03 Social Media Strategy and Growth
Connect with Jordan:
Instagram: https://www.instagram.com/jordan_kelliher/ 👕 Join our meet-ups: nvstcapital.com 🖥 Visit my website: j-baldovino.com 📷 Follow Josh on Instagram: instagram.com/joshua_baldovino 📱 TikTok: vm.tiktok.com/ZMejX5dD1/ 🎧 Listen on Spotify: https://bit.ly/jbcashflow1 Help me, help you! 🏝 Become an Airbnb Host and get $40: http://www.airbnb.com/r/jbaldovino1 🐂 📈 Get two free stocks on WeBull for yourself (valued up to $1600): http://bit.ly/jb-WeBull 🏹 📈 Get a free stock on Robinhood for yourself (worth up to $225): http://bit.ly/3n9UDgn — My Set Up: Sony A7C (webcam): https://amzn.to/3IFq5OG Sigma 24-70mm (Lens): https://amzn.to/3HtlSgZ Shure MV7 (mic): https://amzn.to/3ucrMzc Neewer LEDs (Lights): https://amzn.to/3o8VyRo Elgato Cam Link (HDMI to webcam): https://amzn.to/3o9Ac6D Elgato Stream Deck MK.2 (Studio Control): https://amzn.to/3rcnZjn Logitech MX Master 3 (Mouse): https://amzn.to/3HcHn5u Logitech K750 Wireless Solar Keyboard: https://amzn.to/3HfCFE2 Apple AirPods 3rd Gen: https://amzn.to/3HfCFE2 Bose QC35 (Headphones): https://amzn.to/3GcLFZ2 - 😎 Links may be affiliate links that pay me a small kickback. Thanks for clicking and supporting the channel! 🙏🏽