mergers

Small Business Administration Loans with Graig Presti

June 5, 2014 By jock

Graig Presti from LocalSearchForDentists.com returns for another episode of Digital Exits. Having gone through the Small Business Administration (SBA) Loan process, Graig has some important tips to share to help you get the best experience and results.

Tune in to hear what surprised Graig as he was going through the process and how he managed to overcome the SBA loan obstacles. Don’t miss it!

What You’ll Learn From This Episode:

Why it’s important to verify all documentation thoroughly.
How to properly negotiate a SBA loan.
Why you should never pay a SBA loan in cash or all at once.
The minimum requirements of a SBA loan.
How due diligence should be played out.

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Buying Niche E-Commerce Stores and Mini Private Equity with Billy Murphy

May 22, 2014 By jock

Not following the crowd by investing into specific niches can have greater potential for high margins of profit. Billy Murphy from ForeverJobless.com has much experience in this area with a creative way to scaling up a business.

On this week’s episode, we’re going to be discussing exactly what you need to look for when buying a niche e-commerce store and tips for helping your business grow when it is at its infancy or ready to flop. Don’t miss it!

What You’ll Learn From This Episode:

How Billy analysis specific niches for potential growth.
Why Billy’s poker site has done so well.
The “tool” most niche sites need to boost their business.
Billy’s most profitable store and why it was different than most of his other sites.
Tips for buying a site that will scale-up.

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Forever Jobless: Blog | Podcast

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How to Prepare Your Business for Your Digital Exit with Drew Sanocki

May 8, 2014 By jock

Regardless of the type of business you have, when you are ready for a digital exit, having a plan in place and knowing what to do is crucial. Drew Sanocki is someone who can help you prepare, and today he is sharing his own personal experiences.

This week, we are going to be discussing Drew’s story and his suggestions for a successful sale. His experiences will help you to prepare and know what to look for when you go to sell.

What You’ll Learn From This Episode:

The Pros and Cons of using a broker in a sale.
Why the broker role is helpful when selling your business.
The two different types of buyers and how to market your business to both
How your revenue can increase or decrease your risk which determines the margin you will be offered for your company.
The two reasons why E-Commerce companies are popular with new Entrepreneurs.

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Business Acquisition and Raising Capital with Corbin Cowan

May 1, 2014 By jock

The strategy, manpower, and money necessary to buy and then double, or even triple, your investment is not an easy task without experience and a large group behind you. Regardless of whether you are a business owner preparing to sell your company, or are looking into buying a business, Corbin Cowan has advice to help you based upon his years of experience in raising capital and knowing when to buy and sell.

This week, we’re going to be discussing Corbin Cowan’s company, CXO Collective, and what they look for in potential businesses and members.

What You’ll Learn From This Episode:

Why Corbin’s company, CXO Collective, was founded and how they are successfully, organically growing.
What Corbin and his company look for in a business before acquiring.
Corbin Cowan’s tips for ensuring your business is ready to sell.
What Corbin and CXO Collective look for in potential members.
How to get involved with Corbin and CXO Collective.

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Ep #16: Online and Offline Acquisitions with Ace Chapman

February 27, 2014 By jock

Ace Chapman is a specialist in buying online and offline businesses. At the age of nineteen, he purchased an online stock market simulator site that he grew from about 10,000 members to over a quarter of a million members in 70 countries. He has since bought and sold over a dozen businesses.

In this week’s episode of Digital Exits, Jock invites Ace to the show to talk about the differences between online and offline acquisitions, how they have evolved, and where they are going. You won’t want to miss it.

What You’ll Learn From This Episode:

The lessons Ace learned selling his first business after the market crash.
Why Ace favors deals that are “boring”; businesses that aren’t necessarily cool, but have a practical value.
How to identify and capitalize on low hanging fruit in the offline business world.
Why you need to start building a business credit profile.
What Ace sees as the future of selling businesses online and offline.

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Ep #15: How to Manage After the Acquisition with Graig Presti

February 20, 2014 By jock

Graig Presti is the founder of LocalSearchForDentists.com. He started a local search media company from scratch with absolutely zero funds or venture capital and grew to generate over 2 and a half million dollars in sales. Most recently, he has acquired FindMyCompany.com.

In this week’s episode of Digital Exits, Jock invites Graig to speak about the process of the acquisition and how the company has evolved under his ownership. You won’t want to miss it.

What You’ll Learn From This Episode:

How Graig was able to succeed by automating about 90% of his marketing.
Why it is so important to determine what you are willing to spend to acquire a customer.
The biggest challenges that Graig faced throughout the transition process.
Why it is crucial to do all of your due diligence and ask as many questions as possible during the purchase.
What has changed in Graig’s first five months of owning the company.