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Small Business Administration Loans with Graig Presti

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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

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Billy Murphy ForeverJobless.comNot 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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How to Prepare Your Business for Your Digital Exit with Drew Sanocki

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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

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Corbin CohenThe 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 #24: How to Grow Your Business Before You Exit with James Schramko

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james-schramko-photo-300x234Whether you are looking to sell your company for a good profit or just trying to boost your sales, growing your business is something that you will definitely need to focus on. James Schramko from SilverCircle.com has much experience in this area and helps others learn the ropes of the trade.

This week, we’re going to be discussing exactly what you can do to grow your business in any niche whether you choose to sell it or not. You won’t want to miss it.

What You’ll Learn From This Episode:

  • How James’ experience as a successful BMW and Mercedes salesman helped him with his future business success.
  • A step-by-step explanation of how James turned one Mercedes dealership around from losing seven figures a year into a successful business.
  • The growth strategies for your business in order to boost your sales.
  • James Schramko’s tips to successfully running an online business.
  • An inspiring success story of one of the Silver Circle member.

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Ep #23: What Experienced Buyers Look for When Purchasing an Online Business (Session 2) with Nicholas Green and Chris Guthrie

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Continuing the theme of our last episode, we look deeper into what the buyers are looking for in sites for sale. Chris and Nicolas are veteran online entrepreneurs who have owned many different types of businesses over the years.

This week, for the second round of this topic, we will discuss everything from buying and selling sites to adding value to them. We’re going to explain why and when it is the right time to buy and sell these online businesses and the benefits and downfalls of each different business model. Whether you are a veteran or just getting into this venture, you won’t want to miss this show.

What You’ll Learn From This Episode:

  • What made Chris and Nicolas’s past businesses successful and the lessons you can learn from them.
  • What factors make a good potential business opportunity.
  • How you can add value to a newly purchased site and increase cash flow.
  • When is it the right time to buy and sell an online business.
  • The different types of deal and financing structures that you can use in the future.
  • Chris and Nicolas’s tips for buyers and sellers that you don’t want to miss.

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