How to buy and turn around a
distressed business or 'roll-up' competitors

On this site you’ll read real life stories of how 23 entrepreneurs find, fix and then sell small companies on the edge of failure. Sometimes we buy our weak competitors in a roll-up and get new clients cheaper by acquisition then organic growth. If you like these concepts, come to the next workshop. Learn how we...

✓  Find distressed companies that are worth saving for capital gains
✓  "Roll-up" your competitors for rapid growth with little cash or risk  
✓  Why buying a distressed business is the BEST way to do a start up

From KC Truby Lonesome Cowboy Publishing Inc. 301 Thelma Drive #426, Casper WY 82609 (760) 207-6385

What about flipping a small business compared to real estate?

By on June 6, 2014

By KC Truby

Fixing or flipping a small business is much easier than real estate for a variety of profitable reasons.

  1. If you pick the right deal you get immediate cash flow.
  2. Even most bad businesses can be moved to profit in 60 to 90 days
  3. You are not competing with every Tom, Dick and Harry that owns a hammer and a paint brush and stayed up late last night watching Home & Garden TV.
  4. In about 80% of the cases the owner will carry back some or all of the financing
  5. In a business the BIG NEWS is that you control about 80% of what happens. Your results are not controlled by the market or government loan rates.

A business is under your control. You can’t say that about the real estate market. No other investment gives you so much power to manage the outcome. In business flipping you are the master of your destiny.

The opportunities are everywhere – yet very few people can see them…

Every year over 2,000,000 businesses owners just walk away from their life’s dreams.   85,000 are forced to file bankruptcy and 88% of what’s left are junk that is not worth looking at. But several hundred thousand have sales and the old saying goes ‘If you have sales, everything else is a detail.”   Those 200,000 are the companies that we want to hear about.

When a company has sales but is managed poorly you can quickly fix the problems the existing owners don’t understand or have the fortitude to make the hard decisions on.

All you need is a methodical process to identify the obvious and a check list process to quickly take action on your findings.   You may even discover that you are making some of the exact same mistakes in your current business that your targeted acquisition is making, once you start going over the check list. This will probably lead you to start running your own operation a whole lot better.

Will you get rich?

…Since people who grew up in the accounting business are so conservative by nature I will not promise you that you’ll make millions over night or something foolish like that. But I do believe (and have proven in my own life) that this is an amazing opportunity for any entrepreneur, business owner, professional or sales person to generate real wealth on a full or part time basis.

Yes, you can make millions, no it will not happen overnight but it’s a lot of fun to help people save their jobs by saving their company.

Attend one of our upcoming seminars on finding, fixing and selling a business to find out how easy this is.

Bottom Line:  Over my life time I’ve had great luck with Real Estate and the returns have been in the six figure range on every deal we’ve done.  However, I find the small business like the home health care company we got for $5,000 and is now worth $450,000 to $550,000 in under 14 months – a much better return on my time and energy.

About KC Truby

From their ranch in Wyoming, KC and his wife Linnea have bought or started 21 companies as a side line to their accounting business leading them into M&A as a full time business in 2012. These companies are located all over the Western Rocky Mountains, London and India. Since 1969 through their accounting and training companies, KC has taught 18,000 business owners how to improve cash flow and find more customers by installing standardized systems in their small business. Since 1989 KC has presented over 1,000 seminars and training classes to the small business owner.

One Comment

  1. Allan

    June 10, 2014 at 10:42 am

    I agree, I like the idea that you can continuously grow the profit of a business, month by month, if you have the processes down.

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