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Dani Michaela

You Don't Have to be a Financial Expert to Buy a Business

Do you ever find yourself staring out the window, daydreaming about financial freedom? Maybe you're stuck in a job you don't love or you're looking for a new challenge. If you're anything like our friend Rick, a sales guy from Austin, Texas,...

Dani Michaela

Bad Legal Counsel: Mistakes to avoid when buying a small business

Are you thinking of buying a small business? If so, it's important to be aware of the potential pitfalls that can derail your deal. One common issue is dealing with attorneys who can delay, complicate, and even kill your deal. However, there are ways to avoid this problem...

Dani Michaela

Tiny Next Steps: Why You CAN Buy a Business

Buying a business can be intimidating, especially if you don't know where to start. But let me tell you, it doesn't have to be that complicated. I want to share a story that can help anyone looking to buy a business. A Lesson From My First...

Dani Michaela

How to Find Better Business Deals: an Overview

If you're like Rick, you may be stuck in the cycle of relying on brokers to find the perfect business to buy. But what if I told you that there's a better way to find deals? A way that doesn't involve spending months looking...

Dani Michaela

Ways People Lose Money in M&A (Part 2): Paying Too Much

Are you considering a leveraged buyout (LBO)? This popular investment strategy - even if you're a small business owner or entrepreneur - can be a great way to acquire a business and maximize your returns. However, it's important to be aware of the risks involved, particularly...

Dani Michaela

Stupid Things 1st-Time Business Buyers Do: Poor Due Diligence

If you're in the market to buy a business, due diligence is a step that you cannot afford to skip. This process involves examining every aspect of the company to ensure that it's a sound investment. However, many people skip this step and end up regretting...

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