Starting a business from scratch can be tough. But there is a way around burning your startup investment as you figure out how things work, says M&A advisor and entrepreneur Walker Deibel. He’s an advocate for buying an existing business.
Of course, the trick is finding the right business to buy – one that has potential to grow. Walker has some experience there, having bought seven businesses in ten years – and he’s co-founded some startups, too.
Walker talks about what to look for in an acquisition, the factors that matter – and those that don’t, and more, including…
- His best advice for corporate execs looking to transition to entrepreneurship
- How franchising fits into the acquisition model
- The characteristics of a “growth opportunity” business
- The mindset you need to take an established business to the next level
- And more