Jul 09 2024 50 mins 5
Before you buy or sell a business, hear Josh Levine on the nuances and evolving trends in the business acquisition landscape.
In today’s podcast episode, I am joined again (see episode 5) by Josh Levine of Private Market Labs where we talk about:
- Importance of Focus: Presenting a clear and specific investment thesis helps you stand out to brokers and streamlines the decision-making process.
- Role of Brokers: Using brokers can expedite the acquisition process and increase the likelihood of closure, although the quality of brokers can vary.
- Market Dynamics: The increase in searcher activity and higher interest rates are significantly shaping the current business acquisition environment.
- Economic Impact: Covid-19 and interest rate changes have introduced new challenges but also opened up opportunities in the market.
- Mentorship and Support: Engaging with mentors and support networks is crucial for navigating the complexities of buying and running a business.
Listen in for valuable perspectives on navigating the acquisition process, industry trends, and the future outlook for buyers and sellers.
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