BBW #007: Business Buying Roundup #1
James Bond Edition
Here’s the lucky #7 edition of Business Buying Weekly — and it’s time to hit the pause button.
I want to let you all catch up on what we’ve learned so far — because it’s been a lot!
Today, we will recap the first 6 editions of Business Buying Weekly. Then, I want to let you ask your questions and tell me your pain points.
Let’s dive in!
Buy Your First Business
You learned what it takes to buy your first business. There’s a lot to consider — but it’s also exhilarating.
We touched on the research involved, how to secure financing, and how to execute a proper transition plan.
Read: Buy Your First Business
Doing Your Due Diligence
Before you buy any business, you want to know everything you can about that company. We covered this in the first edition and highlighted the following:
Checking financial statements.
Watching out for hidden debts.
Understanding the business operations.
Learn More: Doing Your Due Diligence Before Buying A Business
Your Own Finances and Money Management Skills
As a current or future business owner, you also need to have a great handle on your own money game.
Otherwise, it could quickly jeopardize both your household’s and your company's financial situation.
Read: Personal Finance Tips for Small Business Owners in 2025
To SaaS or not to SaaS?
Sorry for the cheezy headline, but I’m feeling “creative” as I write this.
, Business Buying Weekly’s first subscriber (other than me), mentioned his interest in purchasing a SaaS business. So, like any good newsletter writer, I devoted two editions to helping him navigate that!Learn how to source your first SaaS deal and how to finance that SaaS deal — all thanks to Chemil!
ChatGPT for Customer Service
Once you get that business, then what? Well, you better know how to offer great customer service!
That goes for current customers you inherited from the previous owner — and the new ones you’re hoping to get. Am I right?
In the 6th edition, I offered how to provide awesome customer service with ChatGPT at your disposal.
Read: ChatGPT for Customer Support
Pre-Order Business Buying Breakthrough
Ready to finally leap into business ownership? The Business Buying Breakthrough is your step-by-step roadmap to buying a business in just 28 days. With this guide, you’ll have the confidence, knowledge, and actionable plan to make your dream a reality.
Be among the first 100 people to pre-order Business Buying Breakthrough before its release on December 4, 2024.
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Thank you!
What’s on YOUR Mind?
Let’s chat about your wins and struggles. I’m here to help — and we can leverage the mastermind effect!
