Oct 28, 2021
If you are looking at businesses for sale, you'll notice a lot of add-backs. Some will make sense and others won't. You need to educate yourself on how to dig through the data.
In the end, the buyer needs to operate the business the same way the seller operates the business.
"Owner add-backs are items that they claim you should not need
to pay once the owner leaves the business" - Michell Baldrige
Episode Resources
- https://quietlight.com/3-types-of-addbacks/#ftoc-the-3-levels-of-addbacks-for-ecommerce-businesses
- https://www.dummies.com/business/corporate-finance/mergers-and-acquisitions/what-add-backs-are-legitimate-in-an-ma-deal/
- http://letsbuyabusiness.com/video
- https://www.liveoakbank.com/
- Connect with Ryan Condie
- http://linkedin.com/in/ryancondie
- http://letsbuyabusiness.com/
- https://forms.gle/RRcXpe3dK7pNGqv16
- Sponsor: Live Oak Bank is a seasoned SMB lender providing SBA and conventional financing for search funds, independent sponsors, private equity firms, and individuals looking to acquire lower middle-market companies. www.liveoakbank.com
- Lisa Forrest - Lisa.forrest@liveoak.bank
- 10 Step Video series to Finding a Company to Buy - http://letsbuyabusiness.com/video
- Ryan Twitter - https://twitter.com/RyanPaulCondie