How To Use Your HMA Practice Like A Bank…And Buy Companies Without Using Cash
Even though Chris was having no problems finding clients and making thousands of dollars per HMA step, it wasn’t nearly the kind of money he wanted from his consulting practice. So he decided to get a little creative. Now when Chris finds a company that can significantly and quickly benefit from the HMA system, he’s no longer looking to get fees from them. He’s looking to acquire the company itself.
It all started when Chris noticed a trend in the business community. He started seeing more and more “baby boomer” owners looking to hand off their businesses and retire without losing their shirts. Chris also noticed these business owners were very realistic about their options in today’s economy and were more than open to less-than-traditional buyout offers.
That’s where the HMA system comes in. Chris uses only the revenue generated by his HMA steps to buy out companies. He simply makes a deal with the business owners that any money generated in excess of their current operating margins goes toward the acquisition of their company. And in this audio, you’ll hear all the details of these unusual buy-outs, and how you can easily start making them too.
You’ll Also Hear…
√ Exactly how Chris buys out a company from start to finish including where he finds the businesses and how he closes his deals
√ What criteria Chris looks for in potential companies and how he analyzes and tests them before he jumps in
√ Why you’ll want to assemble a team for your buyouts and how to do it effectively and efficiently
√ What risks you can expect and ways to mitigate them
√ How to tell business owners that you’d like to acquire their companies using untraditional methods and how to negotiate those deals
√ All about the “out” clauses involved in a sale – and how to make sure you’re never working for nothing
√ Who pays to put the money into the company to get the HMA steps going and what happens if there are silent shareholders or the business has a lien
Chris’s method essentially joins the HMA system with the Art Hamel one, creating a powerful combination that allows you to have access to hundreds of thousands of dollars in company profits without needing to put any cash down to do it.
The potential here is limitless. And now is the perfect time to get started – with more and more businesses experiencing cash flow problems while their “baby boomer” owners are looking to get out. So even if you’re not sure buying out businesses is for you, you may want to give this hour-long audio a listen.
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