How To Buy A Business For $1
Carl Taylor
You can discover how to unlock the hidden value in any business by buying this exciting new DVD training “How To Buy A Business For $1″ – and in a moment I’ll explain how you can attend for just $1 (Value $97)
This DVD training will transform the way you look at business forever.
You’ll discover how I have negotiated to buy businesses for just $1 and why a business owner would agree to such a price.
You see most business owners are struggling to pay their rent, wages and suppliers each month (I know I was one of them). They sadly are struggling so much with their business that if you can take that pain away and take over their lease and pay their staff, they’ll gladly accept your offer.
In fact you’ll even learn about how big businesses have also sold for just $1 including Luna Park, ABC Learning Centres, TV Guide, The Washington Times and more.
Module 2: Build The Business Rapidly
Module 3: Sell For Maximum Value
Module 1: Buy A Business For $1
You’ll hear about how I bought a business asking $34,000 using none of my own money.
There is a unique and massive opportunity right now globally that makes this strategy so powerful and I can’t wait to share it with you.
So you go out and buy a business… now what do you do? You need to build it rapidly, build the right team, systemise and automate as much as possible and increase profits dramatically.
You’ll be learning my 3 P’s system to growing a business quickly, what you focus on first and why including How I built one of my businesses up and sold it again 18 months later.
Did you know that one of the quickest ways you can build a business is to increase prices!
Most business owners are too afraid to put their prices up and they’ve had the same price for the last 5 years which is quietly killing the business, a simple price rise can often take a business from in the red to profitable almost overnight.
You bought the business for $1, You increased profits up 248%… its time to cash in.
You see the real money is made in business, not from running the business but from SELLING THE BUSINESS!
Typically businesses are valued on a multiple of profits, so if your business has a profit of $100,000 and you manage to sell it at a 1.5x multiple you could sell it for $150,000.
Sadly, most business owners are lucky if they get a 1x multiple valuation on their business, in fact most don’t even sell they just shut the doors.
When you know what to do, and who to sell to you could get a 2x-3x multiple and sell that same business for $300,000 without having to increase the profits any further.
I didn’t know any of this when I just 18, nieve and fed up with my business. So I sold my first business for just $600, 10x LESS than it was actually worth based on only a 1x multiple.
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