Verbind Group

We connect the world of business ownership. Looking for an operator or searchers to invest in? Let us know. #eta #franchise #searchfund #smb

[Verbind Group @verbindgroup]

Twitter is such a great place to learn about ETA and running a SMB

[Robert Sterling @RobertMSterling]

This is the sort of actionable wisdom for searchers and SMB acquirers that is way more valuable than what’s taught in MBA curricula focused on helping graduates work in management consulting or in F500 finance departments.

[Verbind Group @verbindgroup]

👏 👏 👏

[Taylor Wallace | Dog Daycare Owner * SMB Investor @taywall]

After +10 years working for leading tech startups, agencies, and VC funds, I've "accidentally" bought two dog daycares in the last 18 months, and I'm long on #SMBtwit.

A thread on why #SMB and how I bought my first company 👇🏼

[Verbind Group @verbindgroup]

Friendly heads up that the most recent episode of Acquisitions Anonymous with @girdley @BillDA is about storage tanks, not these...

[Verbind Group @verbindgroup]

100%

Connections and personal relationships matter.

If there is an “easy” button, look somewhere else because the easier path will likely lead to standard results.

[Brian Beers @brianbeers]

A recession plus millions of boomer near retirement is going to create a tremendous business buying opportunities

The best deals aren’t listed on BizBuySell

They are created through relationships

[Verbind Group @verbindgroup]

Great thread!

[Verbind Group @verbindgroup]

Great point here from @girdley

When everyone else is zigging…

…maybe you need to zag?

[Michael Girdley @girdley]

Seemingly every search fund has some variation of these same criteria.

The contrarian in me wonders:

What opportunities are out there that don’t meet them?

[Verbind Group @verbindgroup]

Truly amazing what just being a nice person can do for you sometimes.

[Eric Hsu @lawyer4SMBs]

Deals are as much emotion and logic. Get to be good with your people skills.

Searchers who are:

- good at building rapport
- emotionally intelligent
- respectful
- friendly

will get much farther than the shark who has no personality.

[Verbind Group @verbindgroup]

Feeling overwhelmed with the thought of the intricacies of the deal?

It doesn’t need to be scary.

Great thread here from @SMB_Attorney learn more and help you act on that business you are looking to acquire.

[SMB Attorney @SMB_Attorney]

Raise your hand if you want me to walk you through purchase price mechanics inside an Asset Purchase Agreement!

Whoa, whoa, okay settle down.

After all, it’s only the price you pay when you buy a company, why is it so important?

Fine, I’ll tell you.

👇

[Verbind Group @verbindgroup]

Are you thinking of buying a SMB?

There's a lot more to it than just the spreadsheets and paperwork.

You have your life to consider. And that can make for a beautiful picture.

#smb #eta #searchfund

[Verbind Group @verbindgroup]

Leaving the corporate drag and owning your own business is possible.

And more approachable than you may think.

[Matthias Smith, CEO - Pioneer Capital Advisory LLC @SBA_Matthias]

Working on a deal right now for a guy leaving corporate America to buy a $3 million company.

~80% bank leverage
~10% seller financing
~10% equity injection (of which ~1/10th will come from buyer, 9/10 from investors)

Only in America! 1/x

[Verbind Group @verbindgroup]

Even if you are looking to make an acquisition soon, you should then start thinking about how you grow and then exit.

Great thread focused on systems to make that happen from @Codie_Sanchez

[Codie Sanchez @Codie_Sanchez]

Want to sell your company?

8 frameworks that can make you incredibly rich:

[Verbind Group @verbindgroup]

Current read in our office:

Some good perspective to think about as a buyer about what the seller is going through and then ultimately how to position your new acquisition for an exit in the future.

https://t.co/jsHwpUCtT9

[Verbind Group @verbindgroup]

Check the positive.

Also reflect on what you are doing well. You don't have to be harsh on yourself.

Best of luck! Stay tuned for our upcoming events.

[Verbind Group @verbindgroup]

"If you're going to be exceptional, you also have to be self-critical."

- @KenBurns

Let's take a look at how you can use this during your search for a business to acquire:

Quick 🧵

[Verbind Group @verbindgroup]

Checking your emotions on a deal.

You have to be self-critical on how you approach and evaluate a deal. Try and keep emotions out of it.

It's easy to fall in love with a business and make plans in your head. It's a whole other thing to execute.

[Verbind Group @verbindgroup]

It’s easy to underestimate what knowing your local environment and customer base can do for you.

Great tip here from @Jacxonic

[HVAC Jack @thehvacjack]

Local coffee shop in wealthy area. Asked owner to pay for the next $100 worth of coffee and leave business cards.

ROI: 4200% - 1 commercial customer and 3 residential.

[Verbind Group @verbindgroup]

When @girdley speaks- we recommend you listen.

Some great advice that’s beyond the numbers when evaluating a potential business to acquire.

[Michael Girdley @girdley]

When you buy a business, you risk bankruptcy -- or worse!

I’ve studied over 1,000 businesses for sale in 2022.

The 11 biggest traps for you to avoid:

🧵

[Verbind Group @verbindgroup]

We will start planning events just for veterans interested in business ownership and acquisition opportunities.

Give us a follow to stay updated.

[Verbind Group @verbindgroup]

Interested in search funds, ETA, and SMB?

Let's talk about a group that can have an unfair advantage in search:

Veterans. 🇺🇸

🧵

[Verbind Group @verbindgroup]

Veterans also have the GSD factor.

The what?

Get. S***. Done.