Here’s my game plan: bootstrap and stack. Buy a small service business, grow it, and use the cash flow to buy another. It’s like how private equity folks build empires, but without the fancy suits and corner offices. Focus on industries with low entry barriers—maybe a lawn care company or a niche cleaning service. And don’t sleep on seller training; that six-month runway can save you from face-planting. It’s not sexy, but it’s smart. Slow and steady wins the race, not chasing Instagram pipe dreams.
business
When Good Advice Gets Ignored: A Cautionary Tale of Immigration, Business Buying, and Somali Pirates
Never Assume the Wire Will Clear
International transfers can be delayed, frozen, or hijacked. Build safeguards. Use U.S. escrow agents. Don’t leave the final piece of a deal hanging on cross-border transfers without backup.
Is Seller Financing Right for Your Business Sale? Florida Risks & Regulations Explained
Michael Shea represents the Central Florida Transworld office. In business since 2005, he has established a reputation as a trusted business broker across Florida’s key markets- from Tampa to Orlando, Melbourne, and more. Over the past two decades, Michael and his team have closed over $1 Billion in sold business volume and presided over more than 400 transactions. His credentials include the IBBA Certified Business Intermediary®, and most recently, the prestigious Certified Exit Planning Advisor® (CEPA) credential.
How to Manage Business Ownership While Balancing Life and Family
Owning a business isn’t just a job—it’s a lifestyle. And for many entrepreneurs, especially those raising families, it can feel like you’re being pulled in every direction at once. Kids, spouses, employees, customers—they all need something, and somehow, you’re the one expected to hold it all together.
5 Things You Should Never Say When Negotiating a Business Deal
Rushing to close a deal by glossing over details is a recipe for trouble. Skipping due diligence, contract specifics, or financial reviews can lead to costly surprises post-sale. Patience is key in negotiations. Instead of pushing to wrap things up, say, “I want to ensure we’ve covered all the details to make this a smooth transition for both sides.” This demonstrates professionalism and protects your interests.