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businessJun 11, 20261:31:05pending

How to Buy a $20m Business as a First-Timer

Acquiring Minds

About this episode

When Alan Turkus found a business with a mission, he knew he'd found the right fit for the final chapter of his career.

Topics in Alan’s interview:

  • Background in book publishing
  • Post-MBA career in tech
  • Taking a career break to raise his son
  • From co-op cashier to co-CEO
  • Seeking security through business ownership
  • Acquiring a home health and hospice franchise
  • Raising equity from search investors
  • Retaining a little over 50% ownership
  • Structuring with 2 forgivable seller notes
  • The advantage of buying a bigger business

References and how to contact Alan:

Connect with Acquiring Minds:

Edited by Anton Rohozov and produced by Pam Cameron

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How to Buy a $20m Business as a First-Timer

Acquiring Minds

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1:31:05

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