Podknife - Things Change: Be Realistic When Buying a Biz with a Partner by Acquiring Minds

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Things Change: Be Realistic When Buying a Biz with a Partner

Podcast |: Acquiring Minds
Publisher |: Will Smith
Media Type |: audio
Podknife tags |: Business,; Entrepreneurship,; Interview,; Investing,; Mergers & Acquisitions
Categories Via RSS |: Business,; Entrepreneurship,; Investing
Publication Date |: May 04, 2023
Episode Duration |: 00:46:28

Burned by 2 acquisitions he did with partners, Jeff Evenson insists on these protections when partnering-up to buy a biz.

Topics in Jeff Evenson’s interview:

Buying a salon with his wife
Losing the salon in his divorce
Partnering with a friend to buy a machine shop
Dissolving the partnership with his friend
The value of a “shootout” clause
The 4 D’s that can end a partnership
Why equity and time investment are not the same thing
Essential clauses for your partnership contract
The power of a “same-page meeting”
Life changes you should prepare for

Links and how to contact Jeff:

jeffrey.n.evenson@gmail.com">jeffrey.n.evenson@gmail.com
Twitter
LinkedIn

Get a complementary pre-acquisition HR & PEO review for your target business:

Contact mark@aspenhr.com or visit Aspen HR

Get complimentary due diligence on your acquisition's insurance & benefits program:

Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

See past + future interviews on the YouTube channel
Connect with host Will Smith on LinkedIn
Follow Will on Twitter

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