Monday, May 06, 2024

How to Fund An Acquisition

How are you going to actually pay for a business acquisition? According to Josh Tolley, from his new book Acquisitional Wealth, there are really two elements to this question: 
  1. How are you going to come up with the down payment?
  2. How are you going to repay the monthly loan payment?
Step one is answering the first question. If you cannot answer where the down payment is coming from, then the second question becomes irrelevant.  Learn what else Tolley has to say here.