VIRTUAL
livestream
How Veterans Can Buy a Business That Already Works
·
Virtual event
When you get out, everyone gives you the same two options: get a job, or start something from scratch. There’s a third option almost nobody mentions. You can buy a business that already works. A wave of business owners are retiring over the next few years with no one to take over, and many of them would rather sell to someone who knows how to lead people.
I’m not a veteran. I’m an operator. I started my first company at 23, grew it into five, and sold to private equity inredactedI wrote The Due Diligence Bible because I’ve watched buyers lose money on deals that looked fine on paper. In this session I’ll show you how buying a small business actually works, where veterans have a real edge, and where people get burned.
What we’ll cover
When buying beats starting from zero, and when it doesn’t
How the financing works, including the SBA fee breaks for veterans. (The VA doesn’t make business loans, even though a lot of people think it does.)
Using your TSP or 401(k) to buy a business, and the risks people skip over
Whether a business you buy can qualify as veteran-owned for government contracts
The first red flags I look for in a seller’s financials, including a real deal where $400K in add-backs fell apart
How to talk about your service so sellers and lenders take you seriously
You’ll leave with
An honest answer on whether buying a business fits you
A first draft of your buy box, meaning what you’d buy, where, and at what size
The free SBA resources for veterans that most people never hear about
Who this is for: transitioning service members, veterans and military spouses who are serious about owning a business. You don’t need a finance background. That part is my job.
Bring your questions, because we’ll save time for live Q&A. At the end I’ll explain how I work one-on-one with buyers who want help finding and closing their first deal
Event Type:
livestream
Format:
Virtual
Start Time:
Duration:
1 hr