How to Buy a Business With No Money in 2024

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Want to learn how to buy a business? (Free Consult): contrarianthin...
Here's the playbook I use to buy businesses for little cash down: contrarianthin...
Who do you think makes more money post-college: consultants and bankers, or people who buy businesses? You guessed it!
Today I'm going to be telling you the smartest way--hands down--to get to 5 figures of monthly income.
It is the best way to hit $10,000 per month. It has the lowest failure rate (which is especially important in 2023), allows for income on day one, and it's how the largest percentage of people on the Forbes 500 list made their money.
And it all starts with two words that I'm known for (comment below if you know what they are so I can see who's been doing their homework)! It's as simple as buying people's businesses, and using other people's money to pay for it. It's not only possible, it's necessary!
There are way more businesses than buyers, and today I'm going to teach you how to replace your W2 income by buying a business, how to finance a business by using other people's money, and the 4 different ways we can cash flow so you can buy your businesses.
*Get social with us:*
📸 Instagram - / codiesanchez
🐦 Twitter - / codie_sanchez
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The BE AN ADULT SECTION 🤗
All content on the Codie Sanchez RU-vid channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.

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Опубликовано:

28 сен 2024

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Комментарии : 1,4 тыс.

@CodieSanchezCT Год назад

Check out the 5 most common business mistakes before buying a business too! contrarian-thinking.ck.page/5-biz-mistakes

@guyanasun4361 Год назад

The most commonly traded product in our universe is data. When we incorporate more dimensions to what works, we increase the concentration of information through the wave. You capture air and it becomes water much like a river bank, or rain cloud. Usually in data transfer we create a filtering mechanism that resources in frequency. Data of course comes in the air (Aether) and this requires transfer (Channels and Streams). What we sell and make sale becomes what we berth and ship. Direct routes work best in any recreated "system" (sister-stem) but the trick is understanding flash floods in currency/ markets. The driver of charge will always equal authority.

@Knowledge-College Год назад

@CodieSanchezCT I’ve just subscribed! What websites do you use to find businesses for sale? And does this work only for business located in the same country as yourself? Ie. I’m living abroad and many opportunities so I’d like to purchase somewhere in Europe/America etc. How likely is it to succeed running a business from another country? Would you advise against that? Thanks!

@TheRealUncensoredTravelGuide Год назад

Can you buy if you have some debt.

@moforgeorgengu2401 Год назад

How can I contact you?

@MagnificoSeven Год назад

Hi Codie…nice to meet you. Could you please explain why the seller would pay you the 204k. I thought you meant that you pay nothing, give him/her monthly payment (say $5k while you make the profit of the biz hit $9k/month) for say 4 years. In which case he makes $240k instead of the 224k he originally wanted. Where do I get it wrong? Thanks. And also is there any books or courses that explains these. Thanks.

@Hannahbenowitz 4 дня назад

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

@bartlyAD 4 дня назад

With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

@FinnBraylon 4 дня назад

With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

@HildaBennet 4 дня назад

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

@FinnBraylon 4 дня назад

Her name is Rebecca Noblett Roberts. Hope that helps

@HildaBennet 4 дня назад

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

@mikewright2965 Год назад

Love your videos Codie, I left my RN career 2yrs ago after a cancer diagnosis. I started my own fence business and did over 200k my first full year as a business. I was also voted Best Fence Contractor in Jacksonville FL 2022 with just myself. Thank you for post these videos. I am constantly sending your vids and shorts to my wife so we can become financially independent.

@jolietia Год назад

That's awesome. Was it a big learning curve getting to know how to run a business?

@sandralujan1199 Год назад

Hey I'm a nurse too so happy you got out!

@CodieSanchezCT Год назад

Hell ya

@Michael-vc2cs Год назад

I operate a real estate business in Jacksonville. What's the name of your company?

@ryanstyleschacon4485 Год назад

Nurse here as well, looking for the best way to enter the business world! Congrats

@mrbabyhugh Год назад

6:27 seller financing mainly doesn't work out if the seller just wants cash right away. however, many are ok with it because, they really love the business, they want the cashflow but for various reasons they can't operate it themselves anymore. this is with much older businesses. all you really have to do with them, is convince them you love the business pretty much as much as they do, you will grow it and they will receive good compensation whether monthly, quarterly or whatever.

@scottgoodson1964 Год назад

They can owner finance you and then sell the note.

@SellerApex 11 месяцев назад

what?@@scottgoodson1964

@goodrayoflight9135 9 месяцев назад

Helpful insight. Thank you!

@BonBonHassan 5 месяцев назад

Yup people that are retiring

@timothyandersen1533 Год назад

As someone who digests hundreds and hundreds of hours of financial education through RU-vid you are really good. Why were you not suggested earlier!? Thanks for the free education!

@nicoferaud Год назад

9:36 *raises hand Prof, it seems the loan pmt is off or Im missing something from the financing terms. $212 monthly would mean we payout the balance in 80 years without any interest. ❤ Monthly pmt would be $1095 if we amortize over 30 yrs at 5% interest. $8200 monthly net to buyer $2163/month if we amortize over 10 yrs at 5% $7170 monthly net to buyer $3850/month if we amortize over 5 years at 5% $5483 /month net to buyer (Still over a 300% return on your cash invested with this option 👌)

@JasonParzych Год назад

Good call out. I saw this too, but didn't have the nerve for all this ^. Thanks for taking the time to put that together.

@Gozna007 Год назад

I also got stuck with that but later figured it out! Am not a financial expert so pardon my elementary calc😁 Lets roll: So the loan period is 4yrs (ie 48months). And the interest (5%) is for the life of the loan (not annual). Therefore, 204k * 5% ÷ 48 would give you the monthly interest payment to the seller (ie Seller Finance Loan Payment) Omg I nw feel so smart😃

@eagleheart1086 Год назад

I am curious about this as well. I see the example cited (204k * 5% ÷ 48) makes the math work, but it doesn't make sense to me. I can't imagine pitching a seller that they would receive less than a car payment per month for letting me "have" 204k

@JasonLeiter13 Год назад

I have also been trying to figure this out for a while. Do you ever pay any principal on the "loan"? What am I missing?

@Drew-sy2bn Год назад

@@JasonLeiter13 I think you paid the balloon payment in 5 years so they basically get the entire thing if it was interest only for the first 5 years. Then you'd have to refinance it but you'd have plenty of time to deal with banks and do that and raise the value of the business

@jimmymcthrifty Год назад

How is your monthly payment only $212 per month ($2,544 per year) on $204k. Even with 0% interest, that would take you 80 years to repay. I can't imagine a seller agreeing to an 80 year loan.

@Jeanfranklynofficial 4 месяца назад

Exactly.. I was wondering if am the one who didn't understand this

@godismygeneral 4 месяца назад

Yes Codie please clarify

@JoweeS 4 месяца назад

It's interest only with a balloon in 4, 5, 10 or so years most likely.

@SpaceIT7 3 месяца назад

The numbers do not add up. The calculation is not accurate

@borutouzumaki773 3 месяца назад

Ok so I do seller financing on properties and sellers do accept long term payments because they are earning money generationally meaning the business owner passes away their child or grandchild will inherit it and earn money passively without any work for the next 80 years of his life. I mean living half your life in someone else’s work is a no brainer just from one single business now imagine having 5 of these it’s literally work free generational wealth.

@estelamorales4979 Год назад

The SBA does not make or grant loans and it is not free money. The SBA can guarantee the client as a good risk and they partner with lending institutions. They don't give out free money.

@apcook34 Год назад

This is great but also terrifies me. I have a good job but am exhausted when I get home. The risk of failure or it taking all my time and stressing me out when I have a wife and two kids feels overwhelming. This seems like you do it the first time and it's scary but gets easier the more you do it... you at least know what you're in for.

@jahimuddin2306 2 месяца назад

I am in the same boat. But you know what they say “fortune favors the bold”

@apcook34 2 месяца назад

@jahimuddin2306 with a family depending on you.... there's a lot more to risk tho. If someone wants to do it, great, I wish them all the fortune!

@Ericswenson12 Год назад

In the first example you pursued seller financing for about $200k and you’re paying the seller $212/mnth ($2,544/yr.) This wouldn’t even come close to paying the seller back so how is this possible?

@Courtney-Alice-Gargani Год назад

This is a video I've been looking for. I'm looking to opening a business. I'm still looking at the pros and cons and what works best for me. Thank you, Codie.

@whitesound625 Год назад

In this video, Codie tells us to buy an existing business. Not open a new business. ;)

@NWforager Год назад

@@whitesound625 right , but new to the buyer . i have been noticing these even on craigslist .

@AgainstAllOddsInc 9 месяцев назад

You're the goat!😍🙌🏾 this info while it isn't new news to me it will be to so many others and I just appreciate the fact u are giving the quick a-z on this topic for free to the GP very few "gurus" do this and love to sell info..now I know either social media u still make $ off the info but u aren't charging 30k just to help someone learn this n close maybe 1 deal...bless you

@olgageorgsen9654 Год назад

With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stock portfolio

@user-dl4rr5qs8y Год назад

As Yuval Eric Brokman is a highly sought-after counsel, he is actually the one who directs me. Nonetheless, you can try your luck. Just leaving his phone number would not be appropriate. he may be lying about, but if you Google his name, you can view his website.

@olgageorgsen9654 Год назад

thanks for sharing,found him on the internet.

@maxfranz9232 Год назад

The way you wrote your question sounds to me like you already know your answer... Liquidate and buy assets that will appreciate in a tumbling market/inflation soaring time

@balex556 Год назад

well one of the most effective ways to engage,and boost your sales is creating website and an app to brand your business and am an expert I can help you with this services

@adamwhitfield5571 Год назад

@@maxfranz9232 bro. It's a scam! They're the same people. They ask the question to seem like you or many others on here. Then they offer the answer as someone or some business that helped them get Soo much money. Then they thank them, so on. Planning on someone to think they stumbled onto some secret, special person who takes a little money and gives you a lot if money. It's a sad ass, loser, with zero life or goals scamming ppl to hook them on the immediacy, and rarity of some obscure person that can make you wealthy. It's sick! Re read the conversation. They're all the same. "I've got a little money, but don't know who to trust, or where to invest it and guarantee wealth" (Everyone in comment sections) Then, response: Oh I was able to turn my pocket lint to 40k in 2 months with Cheryl Diane Jackson Littlefield, shes ultra special awesome and takes your money and copies it ten times giving it to you. (The lure of "I found a secret special money maker who knows what I don't) Then, their response: "Yeah, I've heard of ole cigarette teeth lady, and people say she's incredible, and will sixtupple your portfolio is a single quarter then guarantees 4 time ROI! THANK YOU SO MUCH!" Again bro... They're sad sick ppl who will never be, or have anything of value. Just leaches so sad and desperate, they do this all day. Go to ANY financial anything on RU-vid to the comments and you'll see it now everywhere!

@Qrp_international Год назад

Having a good reputation and history must help a TON with making deals like this. Just hearing this method is super inspiring! Thank you!!

@gunjanmodi3701 Год назад

Your videos are highly informative and consistently engaging. I appreciate that you covered the topic of seller financing and I am keen to delve further into this area. Would love to see some content related to this topic from you.

@blackmediaiptv7950 Год назад

Love it Codie, You must be Italian or understand! Napolean Hill concept, to "Think and Grow Rich". - What I want to do is invite those with $100K or More to generate 100% Gross with a Net of 50% to 60% per month for 10 Months without moving the INITIAL INVESTMENT of $100K from the bank. Imagine in your last scenario, a gain to have more than $100K that month from the Business just bought to Investment or place in a separate account to calculate and analyze the Generated History of payments. LMK

@nicholasklugh1755 11 месяцев назад

Omg you are the absolute best! Can you explain a little more on how seller financing plays out? What happens to the 7% interest (SBA) or 10% bank interest? Would the seller wrap that into the pricing instead?

@nishlan Год назад

Hi Codie, thanks for sharing your content - also love the way you present. Just wanted to ask, about the seller financing - is there a 'dark side' to it, so for example, 1) how do you go about deciding on the business you want, and more importantly, 2) what happens, if for example you dont make or cant meet a monthly payment - do you then have to 'hand back' the business - what legal clauses are embedded into the contract to 'protect' the buyer and seller ? Thanks

@andriartayudianto8918 Год назад

No motivational BS no one needs. Just straight up "how to". Very practical. Love it. Subbed. I'm a small business owner of 12 years from $0' other than the usual index investing and stupid real estate that I hate (everybody does these two, nothing new). I was thinking of retiring in about 5-6 years #FIRE. But she got me fired up again. At the same time made me feel small lol. What she talks about is really interesting. But I just don't know how to not have money stolen by people you hire to run these cash businesses. I lost money from a stupid grocery store bought in the past (They are all sold through some seller financing). The seller's book they showed me was fraudulent, my cash register guy stole money, etc. That made me awfully scared to trust people and try something new again. I hope she reads this and shares her knowledge on this issue. Cashless business maybe more doable to me given my past experience. And is that profit after paying the owner a salary or before?

@andriartayudianto8918 Год назад

@codiesanchez761 Nah

@forgotmyname11 Год назад

You hit the nail on the head, anyone can buy these businesses but how do you manage them afterwards without them going to shit is the problem she conveniently omits

@StephaniRoberts Год назад

Your videos are eye opening and jam packed with value Codie!! Thank you! How do you run all these businesses and find help? Do you keep the existing staff, find new people, retrain for more productivity toward a higher return? So curious.

@amritram8624 Год назад

Why is equity more expensive than debt

@ThePursuit83 Год назад

Why did I not come across this 3yrs ago? I started my business in 2020. Love what I do, however, I turned 40 in Jan and know building this is a min 10/15 ur play. I will be studying your ways Codie and buying a boring business to add to my portfolio within the next six months. Today is March 31, 2023 🤘🏻. I found you from Andy F. Podcast.

@MahdiaDubai Год назад

Well, it was perfect information and brilliant idea , but i would like to request you to talk about challenges of post purchase of these businesses & how to run actually to make money. What I think is getting the deal done is just 10% of the job , what about the rest! It looks perfect just to buy a running business and make money but would be perfect if you could mention real challenges we gotta face after ! Thanks to you again ❤

@highflyerp3 Год назад

How do you negotiate for a jointly owned property owned by a divorced couple?

@kevinhicks9447 Год назад

How does the first case scenario end up being seller finance loan of $212 monthly? That doesn't add up and you didn't state the term length? What if the business fails during that term length?

@davida8407 Год назад

You have to be missing a zero on that loan payment on your spreadsheet, at $212 a month it would take 80 years just to pay the seller back the principal without interest.

@davida8407 Год назад

On the second spreadsheet, looks like cash on cash return is 161%, not 188%. I'm surprised so many numbers are off in your calculations.

@FunnyAnimalsCrew Год назад

Ok so after I found a person willing to do this seller financing what is next? Like how do I get the paper work part done?

@johnnypunish Год назад

I sold an online job board biz for mid 6 figures. Buyer asked for seller financing over 3 years. Success for both parties. A great deal for all.

@ThomasLeonard454 Год назад

Love your stories on successes. Also curious about fails. If any. Have shared a couple of these with my wife. She is intrigued. She currently manages a hardware store. Would like to find a business that she is willing to work and yet semi retire somewhere other than the SF bay area. I'm DONE here. Like the idea of your books.

@bettinabrandt2581 Год назад

Mind-mapping the flow.... I've done this once but it's been a long time and want to jump back in instead of shooting for another start-up. It really is a no brainer solution in regard to aiming for owner financing - Win/win!

@kylebaxter3456 Год назад

yeah but where do i find businesses for sale?

@insomnia984 Год назад

What would happen if you actually manage to get seller financing and end up failing that business ? Maybe they are selling coz their business isn't going the way they wanted to and I end up not succeeding in doing so as well

@terrencebrown2646 5 месяцев назад

Thank you Iam gonna proceed to get everything my family and my wife and children deserve I come from a entrepreneurship background

@mammadyusubov Год назад

Codie, you are the best! Only real deal on social media.

@futuremoney6 Год назад

Great content "boring businesses" are the future of making money and improving them with tech will help. Each of these businesses has something that can not be replaced, people have to deliver at the end of the day. AI isn't going to replace our nation's great trades people.

@ronaldcoleman2217 Год назад

Damn, this is genius!

@tarheel181 Месяц назад

I agree with Tyler, if it is a good bidness, they are going to have multiple offers and will not seller finance. One way to invest is to save $100K and invest in someone's deal to buy a business and learn the numbers. It is funny that Codie does not reference working capital in buying a business. Even if you buy a business, after close, you still need working capital or as most 'Mericans would call it - a credit card with a high limit!!

@topsolutionsinc9371 Год назад

Bring your cash to the table 🔑🌊💰and close faster than anyone else.🛫 Great advice video 🥂✅

@rubenramirez8783 Год назад

Why do people go to college when they can do this and get wealthy quicker... You gave me more information than any college could on how to buy a business. I understand know why Elon Musk stated, "Colleges are basically for fun and to prove you can do your chores. But they are not for learning.” I don't believe everything he says, but I only read between the lines on what he means... 🤪🤣 I also read between the lines about this video. It gives you an idea of what is possible. Thank you for this information. You are awesome...😊 Not everyone will do what she stated on Seller Finance, but I did see it In action. The contract stated, if he defaults on his agreement, he also defaults on the business. So the person gets his business back and keeps what was given and the other guy just walks away. And he did. He didn't want the business, so he closed it and got rid of all his equipment. The owner was just overwhelmed with the business and doing it on his own. Blessings to all...

@7FigureMovingAcademy Год назад

I would love to learn more about this subject. Like how do you actually find these businesses for sale? And what are you 10 steps or where is the video on this?

@Misfortune-teller 2 месяца назад

I love how she completely igbores running costs and having to actually know about a business before trying to acquire it

@ryanorionwotanson4568 23 дня назад

Igbores?

@williamm200 Год назад

Hola Codie, wow this is really good. you never thought about owing a business till it hits you, there is more than being an employee.

@Jottol1 Год назад

how are you making money on a bus you don't know anything about? I just saw a local HVAC company for sale using seller financing! But i don't know about HVAC!

@feliperoldan142 Год назад

Hey Codie - how do I find these businesses?

@jeetpalsingh1334 Год назад

but why are you telling us this?, if this is still a good strategy to be used in the market. kinda makes me think, this maybe once have been a good strategy but now it is already publicized and hence this strategy lost its value, but still many people don't know it. So the influeners are using it as a differentiator to get more views. I am skeptical person.

@craiglewis8415 Год назад

what's the best way for finding motivated sellers besides business sites

@ikoibom3873 Год назад

Great quality Information.

@jamescooley9284 4 месяца назад

Hi Codie i plan to give this a try 50% of something is better than 100% of nothing but you need good communication skills as i see you have Thank you.

@eljefe7318 Год назад

What’s the usual percentage that you pay the seller every month for financing the business? For example if the seller finances 100k for the sale of his/her business And the revenue is about 10k a month gross. And for how many years do the seller financing usually do?

@NerdSteve Год назад

You’re so good. Raw data - no Bull Shit facts - with humor. Now where can I find these businesses? I guess I need to watch more of your videos. Wait, do you have a book yet - that’s what I need! Lmk

@bybanzai Год назад

I love that these people in this space of buisness ideas come up with these buisness ideas and theories but with no real numbers . Anyone who has ever tried to put an idea to work will tell you that it never goes the way you think it does . In theory it all works but in practice ?? I would love to see her take someone who has a workers mentality low credit and no money and show those numbers

@MrBenjiB Год назад

You didn’t show us WHERE to find the businesses

@planetaryjournies Год назад

Codie, have you considered investment in your enterprise? I would be interested!

@dustinlee5403 Год назад

can you break down the math in this video and the terminology a bit more? I was a tad bit confused thanks

@Cant-be-true Год назад

Waw, what a video! Didnt hear a thing you said Codie. I was just fascinated with the energy and quality of the video 😂

@arkoplumbing9864 Год назад

How is equity more expensive than debt

@mikep4633 Год назад

How is it that the business continues to run after you've purchased it? Are you hiring someone with knowledge of the type of business to run it for you? Are all these businesses favourable towards absentee ownership?

@minecraftalix6286 Год назад

What website do you use to find business for sale? and how do you see there financial reports and how much the business make a month?

@pablochacon7641 Год назад

Why equity is more expensive then debt

@anncl3983 Год назад

Could you please break down the last one and do a video just on this please?

@leakedavid Год назад

With seller financing, it seems disingenuous and inaccurate to say >> the seller gives one money to buy their biz. How do you see it that way?

@EdwardJaremko Год назад

How is equity more expensive than debt?

@MannyRios_Hybridfit Год назад

Hi Codie you mentioned you've purchased a plumbing company. How do negotiate or structure the state license pre-requisite? Do you hire the former owner and keep him on payroll until you obtain your (RMO) Responsible Managing Officer?

@TheGreatEscape77 Год назад

Yea what he said, buying it is possible but running it successfully ehh thats gonna be a challenge at first

@Gabi-od7vw 11 месяцев назад

How do I do this while also working a 9-5? Should I bring onboard someone to manage the day-to-day? How would you negotiate that?

@crystalswaggerstick890 Год назад

I missed where you said where to find all these businesses for sale. Please point me to that. Thanks for the info

@codiasanchez Год назад

ᵃᵖᵖʳᵉᶜⁱᵃᵗᵉ ʸᵒᵘʳ ᶠᵉᵉᵈᵇᵃᶜᵏ ✊🏻...👆🏻👆🏻ᵈᵒ ʷᵉˡˡ ᵗᵒ ᵈʳᵒᵖ ᵃ ⁿᵒᵗᵉ ʳⁱᵍʰᵗ ᵃʷᵃʸ.... ˡᵉᵗ'ˢ ᵗᵃˡᵏ 👆🏻 ᵈⁱʳᵉᶜᵗˡʸ💫... ⁱ ʰᵃᵛᵉ ˢᵒᵐᵉᵗʰⁱⁿᵍ ᵖʳᵒᶠⁱᵗᵃᵇˡᵉ ᵗᵒ ˢʰᵃʳᵉ ᵒᵏᵃʸ 👍🏻👆🏻✅..

@ushindi5897 Год назад

I think I am missing something on the first example the profit was $9333 Monthly payment was $212. So it would take you like 80years to pay this off or was a 0 not entered in the spreadsheet? @9:15 and the real payment suppose to be $2120 with 8 years to payoff?

@boomgoon_7563 Год назад

So once you buy the business how do you ensure it stays profitable if you are not a plumber for example? How do you go about finding, hiring, training, ect someone to operate the business?

@godschild5213 26 дней назад

I want to understand why equity is more expensive

@tharris1906 Год назад

All of this advice is very good. But VERY hard. You make it sound easy I have been looking for a laundry mat with money for years

@Hardknoxltd Год назад

You should do these with podcast

@gaya2211 Год назад

EVERY FAMILY HAS A PERSON WHO BREAKS THE CHAIN OF POVERTY. I PRAY YOU BECOME THAT PERSON.

@RobertBrown-xi6qc 2 месяца назад

You have a beautiful mind. Thanks

@drgdfhg Год назад

My brain has hard times processing this but it feels like it works. 👀

@vishalghosh6998 Год назад

The actual question is if you want to start a business you need time and with zero money you need heel lot of time , ultimately you get frustrated and leave the idea therefore if you are planning to start a business without money you still need some money to make it work

@coolakin Год назад

Why would a business owner accept $212/month instead of a full buyout? Also at $224k valuation paid back monthly at $212 it would take almost 90 YEARS. I must be missing something. No one would take that deal.

@bigballz32 Год назад

You're not missing anything, she doesn't know what she's talking about. She speaks in theory, very little real life experience.

@OlhaVelich Год назад

Cody, thank you for your valuable advice, I will try to put them into practice

@jydbbq Год назад

Are these on market businesses or off. If on, how do you handle the broker fee?

@schizimsart Год назад

I want to understand why equity is.more expensive than debt.

@TheFinanceEdition Год назад

She's completely right about seller financing.

@g.t.g1111 Год назад

Great 👍🏽 solution!! 😅

@carlosrettally3555 Год назад

Codie. Love your videos. Tks! Im a slow learner and for the life of me I don’t see at what point the seller actually gets the 222k

@jremyinoklahoma6792 Год назад

I know there are business brokers. Probably just let them know you are looking for flexible sellers in your state. May come across a good business deal that way !

@norevo Год назад

Where are businesses for sale listed?

@kristianmalinovic50 Год назад

SINCERELY THANK YOU FOR SHARING LEGIT INFO N HELPING PEOPLE, THIS CHANNEL IS A GOLD MINE.

@tuneupmyheart Год назад

What if the business that you get won't be profitable?

@MrSanJose420 Год назад

Thank you. !! You are awesome!

@YouTubeStalker Год назад

Can you do a video on affiliate marketing.. the good bad and ugly. If it is worth it to start

@SouthernFoodJunkie 2 месяца назад

What is the name of the book that you are highlighting in @ 8:40?

@DesignbuildsolutionsLLC Год назад

How do you consider Furniture, Fixtures, and Equipment in your purchase price? For instance the plumbing company, surely had some items in stock as well as tools, trucks, etc, if not real estate for the office. Also, where do you go to find businesses for sale?

@jacquescontact2866 Год назад

Also, if you search for a Business Broker, or something like that, "Business for Sale Broker maybe", there's actually many people that sell businesses for a living, research about those listings and so on, and if you're just a bit lucky you may just call some of those persons.

@jacquescontact2866 Год назад

Maybe some of these people will be a good salesman and will be capable of connecting you with people who are selling the type of business you look for, plus will be happy to research and answer your questions, if you commit with that person to buy the business from him/she, and that person will do the paperwork, because often these people aren't only salespeople but also brokers for businesses on sale.

@guillifr Год назад

I want understand why equity is more expensive than debt.

@Lee-rz6mf 3 месяца назад

Thank you for sharing your many years of experience. Ignore the nay-sayers. Keep up the good work.

@zulaysolis5145 6 месяцев назад

Block-Tken800 gang in the house! Thanks for the analysis!

@justincanfield8820 Год назад

How do I find these businesses? I’m very interested in doing this but the sites I’ve been to tend to be paid sites or I am not sure of where to look. Any info would be helpful!

@jrboehmhouston Год назад

Not sure where to find businesses selling for 1.5 to 2x. Most I find are 3 to 3.75x,. In this example where is the actual principle payment being made? The full monthly profit going to the owner until it is paid off?

@simonecascioli Год назад

I wanna understand why equity is more expensive than debt

@SnowDude-il3yy 3 месяца назад

hmmm question: it seems like the risk is at the new person who's running the business, what if they go bankrupt, then the seller would not get the money back and lose the business?