Michael Freedman (@drmfreedman) 's Twitter Profile
Michael Freedman

@drmfreedman

Father & Husband First | I acquire and scale $1M-$10M Digital Companies | Franchise Principal at Website Closers | Dabbled in medicine in a past life

ID: 941709797086453760

linkhttps://digitalacquisitionclub.com/ calendar_today15-12-2017 16:41:26

971 Tweet

452 Followers

488 Following

Michael Freedman (@drmfreedman) 's Twitter Profile Photo

This will save you $10K to $25K on your next deal: Here's what happened: My client submitted an LOI on a $2.75M e-commerce acquisition. Within 24 hours, the broker sent over a "timeline agreement" with aggressive deadlines: Submit lending docs within 14 days Engage QofE firm

This will save you $10K to $25K on your next deal:

Here's what happened:

My client submitted an LOI on a $2.75M e-commerce acquisition.
Within 24 hours, the broker sent over a "timeline agreement" with aggressive deadlines:
Submit lending docs within 14 days
Engage QofE firm
Michael Freedman (@drmfreedman) 's Twitter Profile Photo

Here’s a list of platforms for sourcing online businesses, covering marketplaces, broker networks, and aggregators. Each offers unique features, so explore multiple to maximize your opportunities. Enjoy! Website Closers: Broad range of digital businesses ($500K – $200M), strong

Here’s a list of platforms for sourcing online businesses, covering marketplaces, broker networks, and aggregators. Each offers unique features, so explore multiple to maximize your opportunities. Enjoy!

Website Closers: Broad range of digital businesses ($500K – $200M), strong
Michael Freedman (@drmfreedman) 's Twitter Profile Photo

You have $52,000 in the bank. Most people think that's enough for a down payment on a house. You can use it to buy a million-dollar business instead. I've helped clients structure dozens of deals like this. Let me break down the exact numbers: Purchase Price: $1,000,000 Business

You have $52,000 in the bank. Most people think that's enough for a down payment on a house. You can use it to buy a million-dollar business instead. I've helped clients structure dozens of deals like this.

Let me break down the exact numbers:
Purchase Price: $1,000,000
Business
Michael Freedman (@drmfreedman) 's Twitter Profile Photo

It happened again. I got a call yesterday from a client we're prepping to sell and his biggest client just fired him. 30% of his revenue- gone. That put a huge pause on a $4.5M exit before it started. If you're a business owner and more than 15% of your revenue comes from any

It happened again. I got a call yesterday from a client we're prepping to sell and his biggest client just fired him. 30% of his revenue- gone.

That put a huge pause on a $4.5M exit before it started.

If you're a business owner and more than 15% of your revenue comes from any
Michael Freedman (@drmfreedman) 's Twitter Profile Photo

If you're looking to buy a company, or you actively buy companies, what do you think about all of these new platforms out there? Here's a few I've just recently discovered: smb.co dealprospectors.com rejigg.com Many are following the Axial or

If you're looking to buy a company, or you actively buy companies, what do you think about all of these new platforms out there? Here's a few I've just recently discovered:

smb.co
dealprospectors.com
rejigg.com

Many are following the Axial or
Michael Freedman (@drmfreedman) 's Twitter Profile Photo

Yep, crazy-faced youtube vids are here. This covers how we buy $500K+ companies using SBA loans with 5-10% down. youtube.com/watch?v=_Xgl16…

Yep, crazy-faced youtube vids are here. This covers how we buy $500K+ companies using SBA loans with 5-10% down.

youtube.com/watch?v=_Xgl16…
Michael Freedman (@drmfreedman) 's Twitter Profile Photo

Most people think you need millions in cash to buy a business. I helped a corporate executive acquire a $2.3M SaaS company with $153K down. The opportunity is real. Thousands of profitable online businesses are owned by founders with no succession plan. The math works - with

Most people think you need millions in cash to buy a business. I helped a corporate executive acquire a $2.3M SaaS company with $153K down.

The opportunity is real. Thousands of profitable online businesses are owned by founders with no succession plan.

The math works - with
Michael Freedman (@drmfreedman) 's Twitter Profile Photo

You send 20 emails to brokers. Get 1 reply. Here's what's actually happening on their end. Had a call with Chris yesterday. He's been searching for 2+ years. Sent probably 50+ inquiries to brokers. Maybe 5 responded. None followed up. He was frustrated. "What's the point of

You send 20 emails to brokers. Get 1 reply. Here's what's actually happening on their end.

Had a call with Chris yesterday. He's been searching for 2+ years. Sent probably 50+ inquiries to brokers. Maybe 5 responded. None followed up.

He was frustrated. "What's the point of
Michael Freedman (@drmfreedman) 's Twitter Profile Photo

The best software acquirer in history has lost half its value since May. Constellation Software has been the gold standard for software acquisitions for 30 years. They've bought 500+ businesses, their stock compounded at 36% annually since 2006, and they're called "tech's

The best software acquirer in history has lost half its value since May.

Constellation Software has been the gold standard for software acquisitions for 30 years. They've bought 500+ businesses, their stock compounded at 36% annually since 2006, and they're called "tech's
Michael Freedman (@drmfreedman) 's Twitter Profile Photo

Buying a 10% declining business puts you at $0 profits in year 8. Here's the math: → $1M purchase price → $300K in seller's discretionary earnings → 90% SBA loan at 10% over 10 years → Business declining 10% annually - Your fixed annual debt payment: ~$143,000 - Year 1

Buying a 10% declining business puts you at $0 profits in year 8. Here's the math:

→ $1M purchase price → $300K in seller's discretionary earnings → 90% SBA loan at 10% over 10 years → Business declining 10% annually
- Your fixed annual debt payment: ~$143,000
- Year 1
Michael Freedman (@drmfreedman) 's Twitter Profile Photo

FREE Interactive Calculator- shows you why buying a declining business is a bad idea and exactly how many years of cash flow you actually have if the trend continues. lnkd.in/ewf3SyTY More calculators posting soon...

FREE Interactive Calculator- shows you why buying a declining business is a bad idea and exactly how many years of cash flow you actually have if the trend continues. 

lnkd.in/ewf3SyTY 

More calculators posting soon...