#160: How to Evaluate Buying a Business That Has Buildings and Property

Richard Parker has bought 13 different businesses personally and has spent 34 years working with acquisitions and mergers. In this episode, he discusses how to separate the value of a business from the value of real estate. Richard covers how you should consider how the actual property rental costs, noting that many business owners paying themselves rent for the use of the property space the business occupies or won’t pay themselves any rent at all. These two distinct differences are big items to consider when projecting what you will need to factor into your own costs of running the business once you acquire it. This tip, and so many more are in this episode. Take a listen!