The single biggest myth among prospective acquirors states that the smaller the business in question, the easier it is to purchase and operate. This myth seems to be particularly pervasive among those who are looking to acquire and operate a company for the first time.
In this week's blog post, I will attempt to explain why the exact opposite statement is likely true: That smaller companies are actually much harder to both purchase and operate when compared to their larger SMB peers.
If you are specifically targeting a company with, say, <$1M in EBITDA, I'd encourage you to read this post before proceeding any further. I welcome all thoughts, comments, and/or areas of disagreement.