Episode description

n this episode of "It's The Bottom Line That Matters" podcast, hosts Jennifer Glass, Patricia Reszetylo, and Daniel McCraine continue their discussion on the topic of purchasing a business or adding products and services to an existing business. They delve into the considerations and criteria that businesses should evaluate before making these decisions, including the possibility of acquiring a business that aligns with the needs of their clients. Co-host Patricia Reszetylo shares her insights on looking for businesses that complement her restaurant venture and the importance of validating new ventures before making investments. The conversation emphasizes the significance of crunching numbers and seeking expert advice to weigh the pros and cons of buying versus building. Join us for a deep dive into strategic business decisions and the path to success on "It's The Bottom Line That Matters" podcast.

Keywords: purchasing a business, adding products and services, acquiring a business, mastermind program, business coaching, ancillary offering, clients' needs, additional products or services, buying another business, prospective clients, restaurant business, challenges, ground-up building, funding, investing in R&D, validating a business idea, return on investment, accountant advice, banker advice, partner by build model, buying preexisting, building in-house, expert help, ROI analysis, business expansion, business growth, new program investment, business acquisition, success in business