Mastering Business Acquisitions: Rising Buyer Interest

I've seen a couple of things over the last year or two on the buyer's side. First in 2024, I had more friends or friends of friends asking me about buying a business, which was relatively new.We saw the buyer market kind of explode with the courses and stuff and people bringing this to light of you can buy a small business, which is really cool. Gives us more exposure and there's very exciting stuff going on with that. So I saw a lot more friends reach out to me with that.

I put together a document for them that kind of outlines the process. In my opinion, it gives them a more realistic view of buying a business. And a little bit tongue in cheek, my first sentence on that document is, so you want to buy a business, welcome to hell.

And then I can outline what it's like, but that's, it's dramatic, but I'm just trying to show it's not quite as easy as you may see it portrayed in the market or from the gurus right now. And it's hard to buy a business. So I saw that.

I saw a lot of really beneficial things in the market as far as infrastructure. So we can talk about the SBA rule changes. There's websites I really love like MainShares.

I'm a big fan of them. I think they're doing really great stuff as far as investors into small business acquisitions and the more stuff like that that's built. I mean, this is a very wild west type of business.

So we need guardrails and infrastructure to make this a more seamless process and things like MainShares make it just a lot easier, a lot more seamless for buyers, for everybody involved. So I'm really excited about the direction that stuff is going.