Entrepreneurship Through Acquisition: Buying a Small Business
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Course Description
Buying a Small Business delves deeply into the challenges, process, and peculiarities of buying a small business. Participants explore the intricacies of planning, evaluating and negotiating to buy a small business from a family-controlled or privately-owned enterprise. Key aspects of financing and equity structure alternatives are explored, in addition to the industry peculiarities of acquiring a small business. “Small Business” can be defined many ways but our definition encompasses all enterprises with revenue or enterprise value of less than $3 million to $5 million.
The program is practical in approach and covers a range of critical issues. The goal of this program is to provide participants with the knowledge and tools to tackle small business acquisitions and investment opportunities. Through an exploration of the key dynamics associated with buying a small business, entrepreneurs gain an understanding of the reality of information gathering, negotiations, capital plan negotiations, and dealing with the potential challenges born out of the process or lack of a process.
“Angelo has been an instrumental piece of my life as a graduate student, analyst, entrepreneur, and operator. His wealth of knowledge, breadth of experiences and multidisciplinary approach to learning makes his guidance applicative in all aspects of people's professional and personal paths. Whether it’s his lectures, feedback sessions or simply a conversation over a cup of coffee, I have always left with thought-provoking and instilling takeaways… I'm looking forward to many, many more.”
- Will Gray, Owner, CertaPro Painters
"Angelo’s Buying a Small Business class provided the tools, insight, and nuances of how to go about prospecting and vetting a business. These tools proved invaluable in my process of purchasing a Fastsigns franchise. The course provided the perfect road map for how to approach due diligence and how to get the required information to make the best possible decision."
- Shawn Blackwood, Owner, Fastsigns
- Robbie Rapson, Founder, Saltire LLC
Your Instructor
A former startup executive and venture capitalist, Mr. Santinelli is currently an executive coach and adjunct professor at Babson College where he has taught for more than 15 years. In addition to creating popular programs like The Entrepreneur's Bootcamp, he also taught Entrepreneurial Finance and ETA: Buying a Small Business in the undergraduate and MBA programs respectively.
In this course he combines his more than 30 years of experience as an operating executive, investor, advisor, and educator to deliver the financial basics required for due diligence and business operations for those hoping to by a small business.
Check out the entire class curriculum below and get a preview of a couple of the classes for free!
Course Curriculum
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PreviewIntroduction (5:55)
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StartThe Acquisition Process (16:11)
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StartPreparing for the Search (11:27)
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StartPreliminary Due Diligence (14:09)
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PreviewUnderstanding Valuation (6:16)
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StartScrubbing The Numbers (10:19)
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StartScrubbing the Numbers Example (26:14)
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StartDeal Structure (8:22)
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StartNegotiations (12:19)
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StartCompleting the Transaction (10:20)
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StartSummary (7:56)