If you are looking to walk the path of an acquisition entrepreneur and achieve financial freedom by buying a business, Acquira is one service you’ll encounter.

But there’s the obvious question of whether this is the smart way to acquire a business in today’s economy.

In this review, we’ll explore what Acquira is about, how it works, if you should use it, and what you’ll gain if you do.

Overview

Baby boomers own 2.34 million small businesses in the United States, and they’re retiring at a rate of 10,000 per day. This opens up a lot of businesses for transfer of ownership, but only a few people are seizing this opportunity.

These are businesses that can be acquired for as little as less than a third of its annual revenue. But for lack of skills and capital, there aren’t enough acquisition entrepreneurs swooping down on this.

That’s where Acquira comes in. Acquira is an “Acquisition In a Box” service that helps you at every stage of buying a business.

They invest in you, the acquisition entrepreneur, and the businesses they help you buy. That is a fund for financing and processing business acquisitions, hence, filling in the skills and capital gap.

Besides this, Acquira is an accelerator that provides training and systems to enable you to buy thriving, recession-proof businesses, repeatedly, with the goal of helping you build an active portfolio of businesses you own. This way, you have your capital work for you as you attain financial freedom.

How to Buy a Business with Acquira

Buying a business with Acquira is broken up into 4 phases:

Phase 0: The Acceleration Gauntlet

In this phase, Acquira gets to know you since this is essentially a business relationship as you’ll be buying businesses together.

It comprises

• A 10-day self-paced online training
• Personality tests
• Group calls with participants and phone calls with leadership
• Defining your investment thesis (which is the criteria for choosing businesses to buy), and
• Hands-on experience analyzing real deals that have been closed

It is free if you complete the training.

Phase 1: Acceleration Program

This is where you find and buy a business together with Acquira. They provide you training, tools, systems, templates, and checklists to help you:

• Find a business that fits your criteria
• Carry out the initial due diligence
• Negotiate a win-win offer
• Issue a letter of intent to purchase the business

Then, as your partner in investment, they work with you to figure out financing, hire a general manager, and the other legal aspects of the deal.

Phase 2: Onboarding and Systematization

Next, the Acquira team works with you to put the right systems in place to “fireproof” the business so it runs efficiently. These include helping you:

• Build your dream team including a general manager
• Access to vetted third-party business vendors
• Training and systems to fine-tune every aspect of your business’s operation

Phase 3: Growth

The goal here is to increase leads and sales. And they achieve this with highly efficient digital marketing strategies such as revamping the website, optimizing review platforms (like Yelp and GMB), re-targeting existing customers, etc.

At the end of these stages, your business can run smoothly without your active input, supervised by a competent general manager, and you enjoy the free time to keep building the life and business empire you want.

Case Study: How Prat Gupta Used Acquira to Earn $820,000 a Year in Business Acquisition

Prat Gupta lost his job during the 2008 recession. So since then he’s owned and run a couple of businesses to maintain streams of income. A few years later he was looking to diversify and came in contact with Acquira.

Through Acquira’s help, he found a company established in 1985 by two friends. The company provides plumbing and HVAC services to residential buildings in the southwest of the U.S. The owners were the actual founders of the business, but now in their mid to late 60s and looking to retire.

It was a great business with an excellent reputation, an impressive track record, and positive reviews online. But it lacked the modernization to stand the test of time. And that’s where Prat saw an opportunity to take the business to the next level and improve it.

In March 2019, they did their first on-site visit. And after a little due diligence with the owners, the offer was accepted later that month.

In less than 2 months, they were done with the thorough due diligence and took over operations in October 2019. Post-acquisition, he had to win the trust of the existing team in the business and assure them that the business would not be overhauled.

On a day-to-day basis, his other businesses run on autopilot, so he only has to spend 15-20 hours per week on them. But for the HVAC and plumbing business he bought, he says he’s intentionally choosing to make it a full-time occupation because he wants to learn and grow it rapidly.

He found a general manager who was the right fit; one who had the industry experience with the big players and strong tech background.

Together with Acquira and his dream team, from a purchasing amount of $2.13 million (and 85% financing), they increased sales by 31% and pulled in $820,000 in one year.

Watch the full interview here.

Why Use Acquira

The common problems with acquiring a business include:

• The struggle to find great deals
• The expensive legal fees
• Analyzing a business correctly to avoid future troubles
• Lack of adequate financing
• Getting the newly acquired business running with minimal supervision

After 6 years and hundreds of thousands of dollars worth of trials, Acquira figured out the fine steps to smooth the business acquisition process.

They provide the training, systems, and guidance to help you:

• Find the right business deals according to your unique criteria
• Afford the legal counsel for the deal
• Avoid expensive mistakes with acquiring a business
• Future-proof and recession-proof your acquisition entrepreneur career
• Secure financing for your deals, and
• Run your acquired business like a well-oiled machine that doesn’t need your supervision

Takeaway

Every day, more businesses in the United States are available for acquisition at irresistible prices. You can accelerate your path to financial freedom as an acquisition entrepreneur partnering with Acquira to seize this opportunity.

Acquira will provide the systems, training, and guidance to help you buy and maintain a systemized fast-growing business that runs in your absence. That way you can do more of what you enjoy while earning a steady income.