Add immediate scale.
Whether you’re thinking of integrating parts of your supply chain, expanding to an adjacent market, or extending your reach to a new territory, you may feel inundated by the work that’s required, especially if that work includes making an acquisition.
Owner Actions can help. Sign up today for a step-by-step guide, articles, and resources that will simplify every step of the acquisition process, from finding a promising business to vetting it, financing it, and assimilating it to the rest of your company.
What can Owner Actions help you take on?
Weighing the risks and benefits.
There are many benefits to growing your business through acquisition, a move that can help you attain new competencies, cost savings, capacity, and a steady base of loyal customers far more quickly than you might be focusing on organic growth efforts. However, this strategy is costly, and it can introduce risks and potential pitfalls. Find out if it's the right strategy for your business in our guide, The Pros and Cons of Buying an Established Business.
Finding great opportunities.
Business brokers make it easy to find opportunities to buy a business. There are countless sites that help prospective buyers find and vet businesses that meet their goals.
But rather than waiting for the right business to list—and then competing against other interested buyers who will drive up the price—you can opt for another course of action: buying a business that isn't for sale. Is this strategy right for you? Read our guide to find out.
Covering the costs of acquisition.
The costs of buying a business can be substantial, but there are many ways to attain the money you need for your acquisition. Beyond personal resources, you might consider bank loans, SBA loans, seller financing, and non-conventional strategies, such as assuming the business's debts or leasing the business. There are many other options to consider, too. Our guide to financing the costs of an acquisition can help you find the right choices for you.
"Buying a business to scale your current company can be a smart move. Work through the steps you need to take to find, vet, and acquire a business with your free Owner Actions action plan."
Mark Fleming
Co-founder and CEO of Owner Actions
Articles that drive action
Preliminary Due Diligence: Steps to Should Take Before Making an Offer on a Small Business
It can be exciting to find a small business that meets your criteria for acquisition. But before pressing forward with …
What to Consider Before Buying an Established Business
As a business owner, you know the importance of growth. Efforts to grow organically through increased awareness, by building a …
Mistakes to Avoid When Buying a Second Business
From overlooking key issues to making missteps in negotiations, there are mistakes to avoid when buying a second business. In …
How to Use Your Retirement Savings to Fund Your Business Acquisition
You have many options for attaining the funding you need to finance a business acquisition. But if the idea of …
How to Find a Second Business to Acquire
If you own a business and are interested in growth, you may want to find a second business to acquire. …
How to Renegotiate with the Seller
Due diligence is one of the most important tasks you’ll take on when buying a business. Through the process, you’ll …
Close the Deal: 11 Things You Need to Take Ownership of a Small Business
A great deal of work goes into finding a business to buy. Once you’ve found one, completed the due diligence …
Consider Asset-Backed Financing for a Business Acquisition
There are many ways to cover the costs of a business acquisition. One that few owners consider is asset-backed financing. …
Should I Buy a Distressed Business?
You can find distressed businesses in every industry. Some can be great opportunities, especially if they can be bought for …
