226. The Art of Buying an Existing Business—Richard Parker, Managing Partner, Roy Street Advisors

Multiply Your Success with Tom DuFore

Have you thought about buying an existing business? Did you have a plan on what to do? Our guest today is Richard Parker, and he shares with us some insights into buying an existing business and some best practices to help you make the best decision for your business.

TODAY'S WIN-WIN:
There is no perfect business.

LINKS FROM THE EPISODE:

• You can visit our guest's website at:
  • www.RichardParker.com
• Get a copy of our guest's book: CLICK HERE
• Attend our Franchise Sales Training Workshop:
• https://bigskyfranchiseteam.com/franchisesalestraining/
• If you are ready to franchise your business or take it to the next level: CLICK HERE.
• Connect with our guest on social:
  • YouTube: https://www.youtube.com/@richardparkerdiomo
  • Facebook: https://www.facebook.com/RichardParkerDiomo
  • Instagram: https://www.instagram.com/richardparkerdiomo/
  • LinkedIn: https://www.linkedin.com/in/richardparkerdiomo/

ABOUT OUR GUEST:
Richard Parker has personally purchased 13 of his own companies plus one co-investment with purchase prices ranging from $50,000 to over $200 million. He was a partner with Ray Dalio and the Dalio family office in an investment firm that was set up for Richard to mentor one of Ray’s sons in the art of buying businesses. Richard has over 200 published articles to his credit on buying businesses and has been featured in Forbes, The New York Times, TheStreet.com, Entrepreneur Magazine, and Inc. and others. During his 30 plus years of buying and selling his own companies, he has also been helping others achieve their entrepreneurial dreams. His ‘How To Buy A Good Business At A Great Price’© program has sold over 100,000 copies in more than 80 countries.
ABOUT BIG SKY FRANCHISE TEAM:
This episode is powered by Big Sky Franchise Team. If you are ready to talk about franchising your business you can schedule your free, no-obligation, franchise consultation online at: https://bigskyfranchiseteam.com/.