HOW MUCH SUCH SELF FUNDED SEARCHERS HAVE SET ASIDE (ON AVERAGE)?
Looking to initiate a self funded search but not sure how much personal capital should be allocated to this endeavour.
Any insights or data on this?
Looking to initiate a self funded search but not sure how much personal capital should be allocated to this endeavour.
Any insights or data on this?
Search cost seems to vary, particularly if you are including covering personal expenses. Other considerations are direct sourcing vs broker outreach, national vs local, potential broken deal costs, etc.
The HBR Guide (book) To Buying a Small Business had a pretty good breakdown of those items, I would be curious on others thoughts as I’m also at an early stage.
not easy but to me beats the alternative.