Thinking about buying a small business and riding off into entrepreneurial success? Not so fast. From cafeteria deals gone wrong to multimillion-dollar mergers, this episode pulls back the curtain on the real steps—and red flags—of business acquisitions. Whether you're eyeing a $100K cafe or a $15M medical practice, we break down everything buyers need to know: the truth about letters of intent, why lease assignments can tank your deal, what intellectual property is really worth, and why having the right team (yes, including a lawyer) is non-negotiable.
Plus: What happens when the Instagram account is the most valuable part of the business? Why owning the real estate might be the smartest move you can make? And the top 5 things every buyer should do before signing on the dotted line. This episode is your business-buying reality check—served with sharp advice, a little humor, and lessons that could save you millions.
Contact Steven Wallace & Celena Muzic:
Website: wallacelawflorida.com
Email: wallacelaw1@me.com
Email: celena.wallacelaw@gmail.com
Facebook: Wallace Law
Instagram: @wallacelawflorida
Instagram: @attorneysarehumantoo
LinkedIn: Steven Wallace
TikTok: wallace.law
Purchase Merch!
attorneysarehumantoo.printify.me
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!