Introduction

I am pleased to announce the launch of a new chapter in my Coaching and consulting business, HeadwayExec. This is a venture that has been several years in the making and now is the time to reveal it to the world. Without a lot of back story, let’s just dive in.

Are you ready to break free from the corporate rat race and embark on your own entrepreneurial journey? While starting a business from scratch can be exhilarating, it’s also fraught with risks. That’s where HeadwayExec comes in. Our new program is designed to help you explore an alternative path: acquiring a profitable business at a great price.

Why Buy a Business Instead of Starting One?

Many aspiring entrepreneurs dream of building a business from the ground up. However, this route can be time-consuming, capital-intensive, and filled with uncertainty. Buying an existing business offers several advantages:

• Established Customer Base: You inherit a pre-existing customer base, reducing the need to start from scratch.
• Proven Business Model: You benefit from a tried and true business model with established processes and systems.
• Tangible Assets: You acquire physical assets like inventory, equipment, and Real Estate.
• Reduced Risk: Buying a successful business can mitigate some of the risks associated with starting a new venture.

The market is hot right now, and will be for many more years. The country is going through what has been called “the largest transfer of wealth in history.” Why? Because the Boomer Generation is transitioning out of the businesses they built. In many cases, there is no family interested in taking over, so selling the business becomes the plan. According to statistics from the Small Business Administration (SBA), over 65% of these businesses clear over $300,000 per year.

Speaking of the SBA, their financing programs with lending partners allow financing these deals with as little as 10% down payment. In some cases, it can actually be as small as 5% down. This means you could potentially buy a business for $3,000,000 and pay as little as $150,000 down. Loan limits go as high as $5,000,000.

The HeadwayExec Advantage

At HeadwayExec, we’ve developed a comprehensive program to guide you through the process of acquiring a business. Our program includes:

• In-Depth Online Course: Learn the fundamentals of business acquisition, including valuation, due diligence, negotiation, and financing.
• Practical Tools and Templates: Access essential tools and templates to streamline the acquisition process and make informed decisions.
• Expert Guidance: Benefit from the insights and experience of our seasoned professionals, who have helped countless individuals transition from corporate careers to successful entrepreneurship.
• Transition Support: Once you close on your new business, you’ll need a succession plan to secure a smooth transition. We provide a custom program called The Edge to make that happen.

About HeadwayExec

With decades of experience in the banking industry and a successful track record of helping entrepreneurs, HeadwayExec is your trusted partner in this exciting journey. Our founder, Doug Thopre, has personally guided hundreds of individuals to successful business ownership. As a serial entrepreneur himself, Doug understands the challenges and rewards of this path. He has built ateam of seasoned professionals to help you take the next step.

Why Choose HeadwayExec?

• Proven Expertise: Our team has a deep understanding of the business acquisition process.
• Personalized Support: We offer personalized guidance and support tailored to your specific needs.
• Comprehensive Program: Our program covers all the essential aspects of business acquisition.
• Proven Results: We have a track record of helping individuals achieve their entrepreneurial goals.

Conclusion

If you’re ready to take the leap from corporate employee to successful entrepreneur, HeadwayExec is here to help. Our programs provides the Education, tools, and support you need to acquire a profitable business and achieve your entrepreneurial dreams.

The post Tired of the Corporate Grind? Discover Your Path to Entrepreneurial Freedom appeared first on Business Advisor and Executive Coach | Doug Thorpe.

Doug Thorpe MBA, CLC, CEC

Small business owners will hit an invisible wall that can stall the growth of the company. The key reason there is a wall is that owners need to shift from manager to leader. The question is, how to do that?

Doug is a coach for CEOs and Senior Leadership Teams with 30 years of leadership experience. He is the president & CEO of Doug Thorpe Group. Doug is also a podcast host.

He helps owners understand the ways they need to reshape their thinking and attitude to make a successful break through the wall.