Advanced Business Operations

Buying an Existing Business

Buy a profitable business instead of starting from zero.

12 lessons4 modules9h 0m durationbeginner level

Instructor: StretchLearn Faculty

About this course

Buying an existing business is faster and far less risky than starting one, but most first-time buyers overpay, miss red flags, or get stuck at financing. This course teaches the entire deal cycle: building a buy-box, sourcing on-market and off-market deals, reading a CIM and recasting financials to Seller's Discretionary Earnings, valuing on industry multiples, negotiating an LOI and asset purchase agreement, running financial, legal, and operational due diligence, funding with an SBA 7(a) loan, and transitioning ownership so the business keeps running after the seller leaves. Every concept is tied to real numbers, named tools, and the documents you will actually sign.

Curriculum

Module 1: The Acquisition Path and Finding Deals3 lessons

Why Buy a Business Instead of Starting OnePreview45m
Building Your Buy-Box and Acquisition Criteria🔒45m
Deal Sourcing: On-Market and Off-Market Channels🔒45m

Module 2: Valuation: What the Business Is Really Worth3 lessons

Recasting Financials to Seller's Discretionary Earnings🔒45m
Multiples, Asset Value, and the Price Range🔒45m
Reading Quality of Earnings and Red Flags🔒45m

Module 3: The Offer and Due Diligence3 lessons

Writing the Letter of Intent🔒45m
Financial and Legal Due Diligence🔒45m
Operational Due Diligence and the Purchase Agreement🔒45m

Module 4: Financing and the Ownership Transition3 lessons

Funding the Deal: SBA 7(a), Seller Notes, and Equity🔒45m
Modeling Debt Service and Closing the Deal🔒45m
The First 90 Days: A Clean Ownership Transition🔒45m