1. Deal Flow
Without Deal Flow, Nothing Else Matters.
You have to get your "REPs" in. Get on the broker sites. Send inquiries. Get, sign and send back the NDA. Get & Review the CIM. The goal: focus on deals that fit your criteria and are likely to succeed—ditch the unfundable ones fast.  By the time you look at your 100th deal, you’ll question your early judgment.
2. Deal Review
The Language of Business is Accounting
Acquiring a Business is complex and challenging - there a lot of moving parts. Anyone tells you different should have their head examined.  Without a grasp of accounting, it's difficult to understand when a deal is good and when you're getting taken for a ride. Without the proper language skills in accounting, you'll be playing the guessing game instead of crunching numbers – making it hard to know if you're spending time on a good deal or not.Â
3. Deal Financing
A Strong Deal Attracts Money
The key to raising capital for buying a business is simple: find a great deal.  Investors and lenders are drawn to opportunities that clearly demonstrate strong potential for returns.  If you can find a deal with a solid track record, stable cash flow, and growth potential in the business, the capital will follow. A good deal effectively "sells itself," as it reduces risk and maximizes the likelihood of success for everyone involved.Â