r/buyingabusiness

Hi All. I'm looking to connect with people who have been through the acquisition process, regardless of the industry.

A little background on myself: I graduated college recently and have been obsessed with the ETA path (entrepreneurship through acquisition). I have an entrepreneurial past including running a SMMA($xx,xxx ARR), web-hosting business ($xx,xxx ARR) with the highlight being founding and exiting a micro-SaaS. While I work in the corporate world, I have realized that my particular skillset is more set for the world of business compared to accounting.

I'd love to ask some questions about your sourcing process, acquisition process, post-close, etc.

Looking forward to connecting!

This week felt like there was so much to do prior to close and seller broker did jack to coordinate. Anxiety and self doubt definitely crept in, was not expecting how severe it’s been. Don’t know how y’all survived.

🖖

I am about buying a beauty supply store in Texas. I have negotiated the price and paid earnest money. I got approved for sba. I am supposed to start due diligence. I have asked seller for some documents but he is delaying to provide. I feel so lonely and afraid. I am scared and I am losing sleep. Is this normal? Can someone help me?