Episode 48: Mergers and Acquisitions - What you Need to Know when Buying or Selling Your Business with Domenic Rinaldi

13/10/2020 28 min
Episode 48: Mergers and Acquisitions - What you Need to Know when Buying or Selling Your Business with Domenic Rinaldi

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Episode Synopsis

This episode’s guest is Domenic Rinaldi. Domenic is the Owner and Managing Partner of Sun Acquisitions - a Chicago based mergers and acquisitions firm, and K2 Adviser – an advisory firm that helps people better prepare for their business acquisition or exit. He is also a speaker, author and host of the M&A Unplugged Podcast. Domenic specializes in helping the owners of privately held companies (with enterprise values between $2 and $50 million dollars) scale, acquire and sell businesses. He has been personally involved in over 300 business transactions across a broad range of industries and is considered an expert in his field. In this episode we discuss: Hustling as a young boy [3:51] What was the catalyst for him to start a business in mergers and acquisitions [4:49] Advantages and challenges of acquiring a business rather than starting one from scratch [6:31] Types of buyers they deal with [8:51] How they help buyers and sellers of a business [12:30] What are the value drivers in a business, what makes the value of a business go up [15:01] How to prepare yourself and your business for sale[18:09] Things entrepreneurs fail to do in their business that causes a problem with the sale of their business [22:43] How to contact Domenic [26:56] Links to sources and tools Reach out to Domenic via email at [email protected] Take the free assessment test on the Sun Acquisitions website to see if you are ready to buy or sell your business: https://sunacquisitions.com/ Listen to more episodes here: Is it Time to Change Your Business Processes and Systems? with Lisa Levy: https://bit.ly/34Hb4t5 EMDR Therapy: What is it and How Does it Work with Robert Grigore: https://bit.ly/2GuoSPu How to Automate Your Affiliate Marketing Program and Online Business with Mark Thompson: https://bit.ly/3kNTMku Thanks for listening. Don’t forget to like us on Facebook: https://www.facebook.com/passthesecretsauce to get updates on new episodes. If you haven’t already, please follow and leave a review for our podcast, we’ll really appreciate it. And as always, don’t forget to pass the secret sauce. Support our podcast If you’re a fan of the show, there are three simple things you can do to support our work: Subscribe, rate and review: https://podcasts.apple.com/us/podcast/pass-the-secret-sauce-by-matt-shields/id1506940483 the podcast on iTunes or wherever you subscribe. Tell a family member, friend, or colleague about the show. Subscribe to us on YouTube: https://www.youtube.com/channel/UCJ5eItxsGWyGKC91zd1pzbA and follow us on LinkedIn: https://www.linkedin.com/company/pass-the-secret-sauce-podcast This podcast is hosted by Z...

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