Dec 7, 2023
In this podcast episode, business acquisition expert Richard Parker discusses buying businesses in the current economy. Despite economic uncertainties, Parker sees opportunities for buyers due to factors such as increasing interest rates, inflation, and recession concerns. He emphasizes the importance of finding motivated sellers and stress-testing businesses, particularly those that are stable and repetitive. Parker and host John Golden also discuss financial management, the importance of conservative financial projections, and the need for thorough due diligence. Parker shares his passion for assisting individuals in buying the right businesses, offering his services and expertise.