The Business Building Process 9

As your business coach I can help you reach this stage and benefit from the opportunities that this stage presents.

Below are listed some of the key points to look for when considering a business acquisitions;

1. A business that is surviving with a lot of poor business habits.
2. A business that is still at the Mastery level. You will have taken a business well beyond this stage so you know how to do it and you will receive all the upside for doing so.
3. A business with low levels of fixed assets that produce positive cash flow.
4. A motivated seller that wants to do a deal fast. These people are less concerned about extracting a highest price possible and hence they leave room to make more gains.
5. A business that does not require highly skilled people to run it. For example, if you need PHD's to run your business, you have a smaller job pool to draw from and you will have to meet much higher human resource standards and practices.
6. A business that does little or no marketing and one that has no formal sales people or sales training.