What I Learned Last Week 8.25.23
Curating the best M&A, SMB, and EtA-related content since 2020.
Hello Friends!
In this week’s issue of What I Learned Last Week:
📰 Articles
🧵 Best of X (Twitter)
🤔 Other
🗓️ Events
⚒️ Tools & Resources
💡 How I Can Help
This issue of The Business Inquirer is sponsored by Smash.vc
Buying a business with the SBA?
Would having a capital partner help?
At Smash.vc, they do two things:
1. Buy minority stakes in existing small businesses.
2. Partner with entrepreneurs trying to acquire new ones.
If you're actively looking to buy a cash-flowing business using an SBA loan, hit them up if you'd like a partner.
They contribute capital, give advice, or help with growth when asked... but stay out of the way the rest of the time.
Silent partners there to help when necessary, nothing more.
If interested, go say hi.
📰 Articles
How to Buy a Business: A Step by Step Walkthrough of Buy Side Corporate M&A
Secret CFO has released the fourth installment of their 8-week series on the M&A process. This latest post delves into the timeline and various stages involved in M&A. Links to the previous issues are below…
Week 0 - Introduction to M&A
Week 1 - The Theory of M&A
Week 2 - Valuation - Enterprise Value
Week 3 - The Deal Team
🧵 Best of X (Twitter)
Supply and demand dynamics are more important in driving valuations than interest rates…
On buying into a franchise to expand your SMB…
Reminder on the importance of a QofE…
A VDR is an essential part of every transaction. Here’s how to properly manage it…
Great list of tips for SMB buyers…
Love this breakdown of the home service opportunity in the Hamptons…
🤔 Other
Podcast Appearance
I had the pleasure of sitting down with Ronald Skelton on his How2Exit podcast. We discussed my entrepreneurial journey and DueDilio.
E136: Roman Beylin Discusses DueDilio And The Importance Of Due Diligence In M&A
🗓️ Events
Buy Grow Sell Summit 2023 (Sept 5-6) - Virtual
Southeast ETA Conference (Sept 8-9) - Durham, NC
EtA Forum Asia Pacific (Sept 14-15) - Sydney, Australia
HoldCo Conference (Sept 18-20) - Cleveland, Ohio
The Alternative Investment & Business Owner Summit (Sept 21) - NYC
Austin SMB Meetup (Sept 28) - Austin, TX
The Self-Funded Search Conference (Sept 30 - Oct 1) - Dallas, TX
Booth Kellogg EtA Conference (Nov 1) - Chicago, IL
Main Street Summit (Nov 8-9) - Columbia, MS
Capital Camp (May 21-24) - Columbia, MO
How did you like this issue of the newsletter?
⚒️Tools & Resources
I want to share some tools & resources that I have found helpful. Please note that some of these are paid sponsors of the newsletter.
PrivSource - PrivSource helps you source deals and connect with transaction partners without ever paying a success fee.
X5 Deals - Proprietary deal sourcing. They do the outreach and send you relevant, actionable deals directly into your inbox.
Rejigg - Platform that connects searchers/investors directly with owners of off-market software businesses ($500k - $15m revenue) considering exits. All deals are sourced by the Rejigg team, ~5 added per week.
Acquisition Lab - The Premier Accelerator for Buying a Business created by Walker Deibel, Author of Buy Then Build: How Acquisition Entrepreneurs Outsmart the Start-up Game. They combine world-class education, a vetted community, extensive group coaching, and resources to provide the first do-it-with-you buy-side advisory service.
Smash.vc - Whether you're looking to sell minority stakes in your business to take some chips off the table, looking for a partner to acquire an asset, or needing capital to complete an SBA deal, we'd love to chat with you.
BizNexus - Marketplace + off-market origination in one platform. The marketplace averages about 10k active listings & pre-CIM opportunities, and the off-market origination focuses on data & multi-channel.
Search Fund Coalition - community for the Entrepreneurship Through Acquisition ecosystem. Monthly events and meetups for acquisition entrepreneurs.
Deal Sourcing Guide - a comprehensive list of business marketplaces, brokers, deal origination firms, and more.
💡 How I Can Help
Whenever you’re ready, here are a few ways for us to work together…
Schedule 1:1 consulting on deal sourcing, due diligence, M&A ecosystem, newsletters, entrepreneurship, or anything else you’d like to discuss
Promote your brand to business buyers, investors, SMB owners, and other M&A participants by sponsoring this newsletter
Assemble your M&A deal team with DueDilio
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