๊ณ ์ ๋ ํธ์
๐Due Diligence ๐
I've had a bunch of positive feedback on my sample due diligence list when you buy a business.
If you want a copy, comment "Eureka" below and I'll drop it in your DMs (must be following)
English
Tyler Evans ๐น
2.9K posts
Tyler Evans ๐น
@Evanstbe
Eureka | So-Cal Business Brokers | Harvard | BU | MBA candidate Tweets about SMB Ops, ETA, Biz Acqs Living the New ๐บ๐ธ Dream
San Diego County ๊ฐ์
์ผ Mart 2021
1.1K ํ๋ก์3.6K ํ๋ก์
Reminder that at the end of the day, you are responsible for your own well-being.
English
@JulieChangRE Its my wife's favorite Mexican food in San Diego... I've tried approaching this issue with her in a civil manner, but apparently I married a monster
English
Rubios used to serve better food. In recent years Iโd say they serve average to not great food (location dependent) in a landscape of a lot of taco shop options
CA folks - when was the last time you heard anyone rave about Rubioโs saying itโs a must eat?
3NDeveloper@3NDeveloper
This type of headline will become commonplace in California over the next 3-36 months: "XYZ Business closes operations due to rising costs" Rubios shuttered ~1/3 of its California locations. Many other businesses/restaurants are making similar plans (e.g. 'strategic planning'). The true cost of increased input costs? Marginally profitable stores will begin operating in the red/break-even, and operators cannot pass-on the costs to customers. Makes zero sense to operate a location which generates (at worst case scenario) below a ~10% return on invested capital ('ROIC'). Even if a store is making some money, it may still make sense to liquidate the operation.
English
I'm drooling over this new listing that's going live at the end of the month...
$5MM in revenue and NO WEBSITE...
Who wants to buy it with me?
English
It's Harvard reunion weekend... to combat all the start-up bragging and Forbes 30 under 30 nonsense, tell me your biggest win since college, business or personal! ๐
English
Good things come to those that wait, but only the things left by those who hustle.
English
Total Archery Challenge
Killington,VT
Great way to spend a few days
English
@AgeofHoffman @searchfundco Looks awesome.. looking forward to more of these!
English
๐จBIG NEWS ALERT๐จ Launching our first IRL @searchfundco Deal Team Coworking Day: NYC
lu.ma/sfccoworking624
25% off: SFCNYC25
A day of connection, collaboration, and insights to help active searchers take things to the next level. Ready to search together? Join us! ๐
English
Tyler Evans ๐น ๋ฆฌํธ์ํจ
Victory laps in the P-51 after a successful business saleโฆ whoโs coming with!
English
I was completely wrong about my client's business.
I made an assumption about his business model based on the industry that he is in. I thought I knew exactly what he did. Turns out, its a way better model than I thought.
He added recurring revenue to a distribution business?
Now I've seen it all.
English
@jeldeez better filters and you can "hide" houses you have already looked at-- the other sites also just send random emails outside of my search filters.
English
@Evanstbe I never check anything other than Zillow.
What do you like most about realtor. com?
English
My wife and I are looking for a new home.
I'm loving realtor.com over all the other listing sites... is there a compelling reason to use one over the other or is there one that is objectively better than the others?
English
WBE/MBE/VBE
This can kill the sale or purchase of a business.
Especially when a broker doesn't disclose the certifications. If your acquisition target does any government or municipal work, you need to be asking specifically if they hold these designations.
English
This might be the worst time in history to enter CRE brokerage, Residential Brokerage or Business Brokerage...
There are a lot of fat cats out there that rode the low interest wave and have no idea how to actually get deals done.
Choose your partners/mentors/deal team wisely
English
A part of why SMB Twitter got boring:
Many of us are spending work days dealing with Lโs in this downtown.
And you canโt write tweets about those.
During the boom times, Wins were everywhere and easy to tweet about.
English
I still don't understand why people that go to business school do UNPAID Search Fund Internships... can someone explain this to me?
English
Yo!! We got the house!!!
Our offer was accepted and it was less than the top offer!!
Here we go, now the journey actually begins.
English
Can you tell this was a long couple of days?
That chair bed monstrosity is no joke
English