Before You Buy or Sell a Business

By: Jared W. Johnson
  • Summary

  • Learn everything you need to know about buying and selling a business from High-Performing SBA Lender, Jared Johnson, who specializes in business acquisitions. Jared interviews industry experts on both the buying and selling side to provide insights into the buying and selling process. Experts include brokers, attorneys, escrow officers, and seekers. And you'll hear from actual buyers and sellers before and after the process. If you're a buyer or a seller or thinking about becoming one at some point in the future, this is the podcast that will provide you with the information you need for a successful transaction.
    Copyright 2023 Jared W. Johnson
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Episodes
  • From Tech Rep to Trades: Buying a Stairlift Business | Ep. 41
    Sep 17 2024

    Before you buy or sell a business, perhaps you've read "Buy Then Build."

    Today's podcast guest, Matt Crowder, talks about how that book set him further down the entrepreneurial path.


    Matt, a borrower I worked with, recently acquired Western Stairlifts, a business specializing in home mobility equipment. We explore his transition from a traditional career in the tech industry to full-time entrepreneurship. The guest shares the pivotal moments, challenges, and learnings from both their vending machine business and the acquisition of Western Stairlifts.


    From selling snowflakes to technology, from managing a vending machine route to buying a business, Matt provides valuable insight for fellow entrepreneurs.

    ______________________________________________________________________

    If you have questions for Jared, visit JaredWJohnson.com


    DISCLAIMER: The views and opinions expressed in this program are my own and/or those of my guests. They do not necessarily reflect the views or positions of my employer.

    ______________________________________________________________________

    CHAPTERS

    0:00 | Introduction

    9:32 | Helping Utah's Elderly and Disabled with Home Mobility Solutions

    12:43 | Acquiring Western Stairlifts and Overcoming Initial Business Challenges

    25:51 | Navigating Google Business Profile Challenges and Address Discrepancies

    29:58 | Challenges and Triumphs of Running a Small Business

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    35 mins
  • Customer-First Growth Strategies: Secrets from a Two-Time Business Buyer | Ep. 40
    Sep 3 2024

    Before You Buy or Sell a Business, be prepared.

    That's what today's guest would tell anyone who is looking to buy a business like he did.


    I am happy that I got to sit down with George Ayomide, a two-time borrower of mine. George is an ambitious entrepreneur who has made significant strides in the business world. From his early business experience in Nigeria to his successful ventures in the United States, George shares his insights on acquiring and transforming businesses, maintaining effective customer relations, and ensuring seamless transitions.


    In this podcast episode, George discusses his first business acquisition, a window tinting and graphic design company in Dallas, detailing the steps he took to evaluate and smoothly transition the company. He elaborates on the importance of preparation and listening to customers, which led to innovative improvements in the business.


    A year later, George then moves on to his second acquisition, a well-established company in the automotive industry. He emphasizes the value of having a dedicated team and the significance of setting clear expectations during the business transition.


    This episode is filled with practical advice and inspiration for aspiring entrepreneurs and seasoned business owners alike.


    ______________________________________________________________________

    If you have questions for Jared, visit JaredWJohnson.com


    DISCLAIMER: The views and opinions expressed in this program are my own and/or those of my guests. They do not necessarily reflect the views or positions of my employer.

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    34 mins
  • Former Educator Turned Entrepreneur Teaches What to Really Expect When Buying a Laundromat | Ep. 39
    Aug 20 2024

    Before you buy a business, ask the seller this question, "What are some problems you've dealt with in the last month?"

    Keira Hamilton asked that question to the seller before she bought the laundromat that she now owns.

    Join me in this captivating conversation with Keira Hamilton, a former educator turned entrepreneur.


    We'll delve into the nuances of due diligence, the realities of owning a laundromat, and the transition from real estate to business acquisition. Discover insights on validating business operations, managing employee relationships, and the significance of understanding seller motivations.


    Keira shares her personal journey and the learning curve involved in running a successful business. Perfect for aspiring entrepreneurs and those curious about business ownership, this episode is packed with invaluable advice and practical tips!


    You can follow Keira on:

    LinkedIn | https://www.linkedin.com/in/keirahamilton/

    YouTube | https://www.youtube.com/@Keira_Hamilton

    ______________________________________________________________________

    If you have questions for Jared, visit JaredWJohnson.com


    DISCLAIMER: The views and opinions expressed in this program are my own and/or those of my guests. They do not necessarily reflect the views or positions of my employer.

    Show More Show Less
    56 mins

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