#77 - Buy A Business and Double Your Investment w/ Bjorn Hendricks ( Business Builder Beez)

Melanin Money Show

If you're looking to become a millionaire, or even a billionaire, then buying a business may be one of the ways you are able to get there! With the greatest wealth transfer being upon us over the next decade, many current baby boomers are looking to retire and sell their businesses. In this episode, we interview Bjorn Hendricks a.k.a. Business Builder Beez, about how he got into the world of buying businesses. In this episode we will dive into :

-What to look for when buying a business.

- How to finance the purchase of business without spending your own money.

-The importance of understanding the difference between EBITDA and SDE when valuing a business.

-Navigating the temptation to change things too much when taking over a new business.

and much more!

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