When thinking about acquiring an established retail outlet, examining its financial health, understanding its market position, and assessing any existing liabilities are crucial. Also, when incorporating family members into your business, several factors require careful consideration. It's essential to evaluate their skills, compatibility with the existing team, and potential impacts on both personal and professional relationships. Learn from Samy Soliman, as the owner of OC Diamond Estate Jewelry, and you will want to ensure these elements align with your business goals and values. 

00:00 Introduction
01:15 From Computer Engineer To Diamond Estate Jewelry Owner
08:35 What Factors To Account For When Onboarding Family Members Into Your Business
13:37 The Visioneer Game!
20:36 Thinking Of Acquiring An Established Retail Store?
27:13 Final Thoughts: "How To Talk In Another Person's Interests."
30:07 Dad Jokes / Credits

Support small business owners, like you, celebrating BIG breakthroughs by supporting Small Business Celebration's Patreon page at: https://www.patreon.com/smallbusinesscelebration!
As well as our sponsors for this episode: Mike Saba: https://msaba.watsonrealty.com, Scaffold Solutions Unlimited: https://scaffold-unlimited.com, and Planned Exits: https://www.plannedexits.com.

#FamilyBusiness #RetailAcquisition #BusinessStrategy #OCDiamondEstateJewelry #FamilyDynamics #RetailManagement #BusinessExpansion #StrategicPlanning #DueDiligence #Business Ownership
https://youtu.be/6W5PHkzpe8w

Thinking of Acquiring An Established Retail Store? Ep. 302, Samy Soliman, OC Diamond Estate Jewelry

Embarking on the journey of acquiring a property for your business with the vision of establishing a timeless legacy requires careful consideration of various elements. Entering a competitive yet untapped market can be challenging but rewarding. Jeramy Brown, the owner of JWB Distributing, shares insights on what to anticipate and prepare for in this exciting venture.

Episode #307, Jeramy Brown
00:00 Introduction
00:27 From Soccer Player to Wine Distributor
11:22 Purchasing A Building For Lasting Legacy
15:44 The Visioneer Game!
20:56 How To Tap Into A Highly Competitive, Untapped Market
25:51 Final Thoughts: "The Way To Guarantee To Have An Enemy."
29:55 Bonus Content / Credits

Support small business owners, like you, celebrating BIG breakthroughs by supporting Small Business Celebration's Patreon page at: https://www.patreon.com/smallbusinesscelebration!
As well as our sponsors for this episode: Mike Saba: https://msaba.watsonrealty.com and Planned Exits: https://www.plannedexits.com.

Reach out to us at: https://smallbusinesscelebration.com
Read our blog at: https://smallbusinesscelebration.com/blog
Reach out to our guest at: https://www.instagram.com/jerwbrown/

#PropertyAcquisition #BusinessLegacy #CompetitiveMarkets #Entrepreneurship #RealEstateInvestment #MarketExpansion #BusinessGrowth #JeramyBrown #JWBDistributing #strategicplanning
https://youtu.be/9uEyuQrIqx4

New tracks tagged #Acquiring