🧐 What I Learned Last Week
Week ending Friday June 10th, 2022
What I Learned Last Week curates the most interesting content relating to business acquisitions, operations, entrepreneurship, finance, and more. WILLW is a publication of The Business Inquirer.
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Hello Friends!
This issue of The Business Inquirer is brought to you by DueDilio.
DueDilio is an expert network focused on M&A due diligence.
We connect business buyers, sellers, intermediaries, and private investors with quality, pre-vetted due diligence service providers.
Our deep network of independent professionals, boutique and mid-size firms, and subject-matter experts specialize in finance, technology, legal, and other areas of business diligence.
Submit your project. Review qualified proposals. Hire diligence provider.
📰 Articles
Semrush is a popular tool for website SEO. They have an excellent blog with tips on improving the digital marketing of your business. They recently sent out a link to one of their older articles that is very relevant - small business SEO.
Small Business SEO: A Beginners Guide To Get You Started in 10 Quick Steps
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MidStreet M&A writes about the various ways to finance a business acquisition. It’s a great primer on the topic.
There are a few financing options available to individual buyers looking to purchase a business:
Seller financing
SBA 7(a) loan
Money from family or investors
Personal funds
How to Finance a Business Purchase
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Eads Bridge Holdings writes about taking advantage of the data your business is generating. The idea is to turn that data into actionable business decision-making information.
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Bloom Equity Partners has a good summary of the latest trends in early-stage SaaS valuations.
🧵 Twitter
This applies not just to acquisitions but to entrepreneurship as well…
I’d love to hear more stories of “acquisitions gone wild”…
Employees are key…
Great thread on audience building…
Build your business from the start with a look towards the exit…
I hear these are popular acquisition targets…
Great primer on HoldCos…
This is a great business acquisition story and glad that DueDilio was part of it…
Learn deal sourcing from one of the best…
🤔 Thoughts, Events, Other
New Acquisition Course
Colin Keeley is one of the founders of Verne - a PE firm focused on acquiring and scaling SaaS businesses. Colin recently announced the launch of his cohort-based course on “How to Buy A Small Business.”
What the course will cover: Sourcing deals, valuing companies, negotiating transactions, diligence, financing deals, growth tactics.
You can sign-up here.
🛠 Tools & Resources
These are tools & resources that I personally use or have used. They may contain affiliate links so I’ll get a few pesos if you sign-up.
Cerebro Capital - Cerebro has a network of 1,500+ lenders who can provide debt financing for your acquisition, refi, etc. $500k minimum.
X5 Deals - Proprietary deal sourcing. They do the outreach and send you relevant, actionable deals directly into your inbox.
Curators - Proprietary deal sourcing. You need targets that fit your investment criteria, and Curators delivers week after week - we even update your personalized database on a daily basis with new information on best-fit targets.
BizNexus - Proprietary deal flow, deal aggregator, and exit prep.
PrivSource - Deal aggregator for lower and middle-market listings.
ProjectionHub - Access to 50+ CPA-developed financial projection templates. 25% discount using code “duedilio” at checkout.
Logology - Best automated logo & brand identity tool I’ve come across.
DeepBench - Access a cutting-edge expert network. $200 discount.
OpenPhone - The best business phone solution that I have found. $20 credit.
Eloquens - Knowledge marketplace. I’ve bought a few guides and templates here.
Deal Flow Scout - Peer-to-peer deal flow exchange. Free, open, transparent.
Deal Sourcing Guide - A directory I put together of online marketplaces, brokers, DFY deal flow, and more.
That’s all for this issue of What I Learned Last Week!
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Important Disclaimer: This newsletter is provided for informational & educational purposes only, and should not be relied upon as legal, business, investment, or tax advice. This newsletter may link to other websites and certain information contained herein has been obtained from third-party sources. While taken from sources believed to be reliable, it has not been independently verified. The Business Inquirer makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. References to any companies, securities, listings, investments, or digital assets are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any business, tax, or investment decisions. Content in this newsletter speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.