Suppose you want to step into the business world. Ask yourself a question whether it is safe nowadays to start a business or not. Spend your time researching that question and you'll be revealed to the fact that 65% of new businesses fail in their first decade. Some experts suggest that the chance of failure for first-time founders is around 90%. That is not a safe zone to be in.
Now, is there a solution to that, yes there is. It is to buy a business that has stabilized. According to experts, the chance of success of an acquisition is around 90%. The risk of a startup and the success of an acquisition, are both the converse of each other.
With these facts around our arms, Paragon covers the following topics:
- Utilize your network to get access.
- Buy a profitable business.
- Collaboratively make deals.
- Be Collective and not Subjective and how it affects a deal.
- Score a win-win for both parties.
- Negotiation.
- How to raise funds.
- How to score a deal where you do not have to put up cash upfront.
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