What are the biggest lessons you've learned from acquiring a business?

February 26, 2025
by a searcher from University of Texas in Austin, TX, USA
I'm somehow new to the world of business acquisitions and search funds, and I'm eager to learn from those with experience. If you've successfully acquired a business (or explored the process), what were some of the key lessons, mistakes, or insights you wish you knew earlier?
Additionally, I'd love to hear any advice on structuring SBA loans, negotiating with sellers, and sourcing great deals.
Looking forward to learning from you all!
from University of Pennsylvania in Chicago, IL, USA
from University of Virginia in Los Angeles, CA, USA