Ace Chapman bought his first business when he was nineteen. It was an online stock market simulator called CoolWallStreet. After selling it and seeing the benefits in buying a business over starting one, he caught the business buying bug. Since then he has bought and sold over thirty businesses and has helped his clients all over the world buy over one hundred businesses.
During this show we discuss…
Why buying a business makes more sense than building one
What you should take into account when trying to buy a business
How to buy a business even if you have little to no cash using financing
How to look at multiples to make the decision to buy or not buy the business
How wo figure out what the multiple of your business is
The three groupings of people buying business… and how to know where you fit in
Whether you should or should not have experience in the industry you are buying in
How to negotiate with a seller who really needs to sell
How to find the right business or industry to buy?
And much more…
During this live event you will discover…
What business credit is and how it really works
14 business credit benefits you should know about
What the SBA says about why you should manage your business credit
How to setup your entity the right way… without being personally liable for what happens in your business
4 things about your business address that can get you denied… before you even apply
6 things you should know about your phone number… not knowing these will also get you denied
16 places credit issuers look to see if your business is listed… and how to easily get listed with all of them by going to one website
How to get your business credit reports… without paying a lot of money to do it
A look at the tradelines of the top privately and publically owned companies in the U.S…. and compare them to other companies who are one year into their business credit building
How to get your D-U-N-S number from Dun & Bradstreet for free… saving you over $2,000
3 things you can’t do when applying for business credit or you will get denied
How to start your initial business credit profile and score
7 vendors will give you credit that reports to the business reporting agencies… even when you have none now
A look at 18 retailers who you know well who will give you business credit without a personal credit check or guarantee… and what it takes to get approved
2 ways to get cash credit cards for your business…. And how one way can get you money within a few weeks or less
And much more…
Jefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times, Bloomberg Magazine, and on the 'Real Money' television show. Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest. Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign.
Earlier in his career he held operational roles at Viacom and was a consultant with Bain & Company.
Jefferson holds a B.A. from the University of Pennsylvania and an MBA from the Wharton School of Business.
During this show we dive into…
Why it’s a brilliant idea to invest in mobile home parks
How you can earn 20% returns with mobile home park investing
Some of the little-known about advantages of investing including low maintenance cost
How to get involved with owning a mobile home park with as little as $1,000
2 of the biggest mistakes to avoid when investing
How you can get paid just by finding parks for sale
How to spend $2,000 and get 100% of your money back within the first year when investing
Why no more mobile home parks can be built, and how this benefits you as demand continues to rise
And much more...
During this live webinar we dive in and talk about what you should know about the 3 biggest business credit reporting agencies that controls your business credit profiles and scores.
Which bureaus credit issuers and lenders use most to determine your approval or denial
How many records the reporting agencies have on file… and what countries they collect data from
The history of each agency… including the one who’s unethical actions led to the creation of the Fair Credit Reporting Act
The products and services that each reporting agency supplies… how they sell your data and who they sell it to
How your D&B D-U-N-S number works and who uses it
Which agency has had 4 U.S. presidents working for them throughout their history
The differences between Dun & Bradstreet and Dun & Bradstreet Credibility that you should know about
A look at actual business credit reports from all 3 reporting agencies
Where they get your data from… and how they then use it to determine your credit worthiness
And much more...
When you apply for any type of credit or loan for your business these are the agencies that lenders and credit issuers get your data from.