The best Business Consolidations & Mergers eBooks: Reddit reviews

From 3.5 billion Reddit comments

Ah yes, part of the reason I'm out on the town is that I recently wrote a book that has thought experiments any entrepreneur can run to help them prepare for an eventual exit. This is the book I wish I would have read before our sale (https://www.amazon.com/dp/B07BN2KD1J/?__s=wigzaf6zfpg4zsyskigz) I can delete this if it's poor form to link.

We will have print on demand + Kindle. It will be free for the maximum days Amazon allows us (I think 5) starting Thursday.

One thing you may be missing is an accurate valuation of the assets and equipment. If you'll be using it going forward, how much life is left and what will it cost to repair/replace.

The sloppy books might be a benefit if they slop in the right direction [grin]. Also see if you can verify accounting with something besides bank records. Maybe sales tax? Maybe purchases of COG supplies.

I would definitely have some contingencies in the money you're paying in the future. Structure it with clawbacks if things are not as they were warranted.

For more than you want to know check out this book by folks whose day job is buying companies like this (but a bit bigger). https://www.amazon.com/dp/B07KXYT8V4/ and a podcast they did by the same name. The podcast might be easier to find just the parts you're needing.

Lots of good advice on here. But I can also recommend you read this book Get Acquired for Millions: A Roadmap for Technology Service Providers to Maximize Company Value https://www.amazon.co.uk/dp/B07TWYW8RH/ref=cm_sw_r_cp_api_CSTQABABWDP87K46X8FX?_encoding=UTF8&psc=1.

It talks about how to exit you msp business and lots of really useful information. Check out her website too.

I ultimately decided to sell my business but before I did that, I hired some senior leadership so I could semi-retire. It was a great decision. Try checking out this short bit insightful book about selling vs holding your business with a CEO. You could even just read the chapter about hiring a CEO if you wanted.

Before The Exit: Thought Experiments For Entrepreneurs https://www.amazon.com/dp/B07BN2KD1J

Get advice from an attorney who specializes in sales of companies of this size - and has done a lot of them. BEFORE you share anything with this person that is not already on your website. It's a tricky situation and what you don't know that you don't know can hurt you.

Since you weren't planning to sell, you have nothing to lose by saying no. Check out https://www.amazon.com/Before-Exit-Thought-Experiments-Entrepreneurs-ebook/dp/B07BN2KD1J

As for having too much to handle, if the deal doesn't go thru, raise your prices. You may sell less, but at a higher price and better profits.

Your business should serve your life. Sometimes the money you could get for selling or the time you could free up serves your life better.

Here's an interesting book for people contemplating selling - it's by a guy who sold his company and what he learned (and regretted) in doing so. https://www.amazon.com/Before-Exit-Thought-Experiments-Entrepreneurs-ebook/dp/B07BN2KD1J

I can’t offer much advice but am fascinated in private equity and VC etc. What I would suggest is you read this:

The Private Equity Playbook: Management’s Guide to Working with Private Equity https://www.amazon.co.uk/dp/B07NFXRL3K/ref=cm_sw_r_cp_api_-Rl1Fb8P127FT

It talks you through all the basics of how it works. I found it really useful and interesting for such a dry subject.

>I’m absolutely not looking for anything that needs to be run hands on as a job,

Then this is not the business for you. At it's simplest, if you're looking at buying in the SMB space, remember that if the current owner is also the operator, and you don't want to do it yourself, you need to pay someone to do it. In most cases, that's going to wipe out any profit the business generates.

If you're serious about buying in the SMB space, I'd highly recommend getting a copy of The Messy Marketplace by Brent Beshore: https://www.amazon.com/Messy-Marketplace-Selling-Business-Imperfect-ebook/dp/B07KXYT8V4

The book "Before the Exit" was very useful to me last year when I seriously considered selling my business. https://www.amazon.com/dp/B07BN2KD1J/ref=cm_sw_r_cp_apa_8VvoFbC0Q012T

Only takes about an hour to read but can help clarify your thinking on what you want to achieve. The "lifestyle ladder" was my favorite thought experiment from the book.

There are all sorts of exits available for DTC businesses. The size of the outcome depends on what your revenue structure, business operations, and future potential look like.

I've had this in my goodreads queue for a while.

https://www.amazon.com/dp/B07KXYT8V4

Sorry, just have a minute and have not read the whole thread. I suggest this book that was just released about a situation looking similar to yours (and mine too actually). https://www.amazon.com/Before-Exit-Thought-Experiments-Entrepreneurs-ebook/dp/B07BN2KD1J

Quick read.