All Episodes

May 20, 2025 31 mins

Buy a business. Skip the struggle.
In this episode, we reveal why more entrepreneurs are choosing to acquire established businesses instead of building from scratch—and how AI gives you a massive edge every step of the way.


Host Kim Lewis Howard and business strategist Hal Howardunpack one of the biggest opportunities of 2025: buying a small business instead of building one from scratch. With millions of Baby Boomer-owned businesses hitting the market and AI leveling the playing field, the smartest move you can make might not be launching—it might be acquiring.

 

Whether you’re a solopreneur, a time-strapped founder, ora corporate escapee ready to own something real—this is your playbook.


In This Episode, You’ll Learn:

  • Why over 12 million small businesses are projected to change hands—and how to spot the right one for you
  • The emotional dynamics most buyers completelyoverlook (and how to win the trust of retiring founders)
  • A 5-step roadmap to buying your first business—without getting burned
  • How AI tools can help you with due diligence, SOPs, negotiation, and integration
  • Real-world insights from Hal’s current deals + acandid story from Kim’s own family business succession

 

 

🤖 AI Tools + Tactics Mentioned:

  • Using AI to analyze P&Ls, detect red flags, and speed up financial due diligence
  • How ChatGPT, Gemini, or Claude can help draft SOPs, Letters of Intent, and even prep for negotiations
  • Prompts that save hours—and thousands—in consulting and legal fees

 

Who This Episode Is For:

  • Small business owners looking for their next growth move
  • Solopreneurs and consultants exploring acquisition
  • Aspiring entrepreneurs ready to skip the “startup struggle”
  • Tech-curious founders eager to turn AI into a strategic edge
  • Anyone who’s ever thought: “There has to be a smarter way to build wealth.”


 

Let’s Keep the Conversation Going:

What kind of business would you buy if you had the right tools and roadmap?

 

 

🎧 Subscribe + Review:

If you enjoyed this episode, tap “Follow” on your favorite podcast platform so you never miss a drop of strategic wisdom. And if today’s show shifted your thinking, leave us a review—it helps us reach more entrepreneurs like you.

 

---

Music Credit: “I Am with You” by Dream Cave; EpidemicSound via iStock.com

Sound Effects: https://pixabay.com/sound-effects/

Mark as Played

Advertise With Us

Popular Podcasts

On Purpose with Jay Shetty

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!

Crime Junkie

Crime Junkie

Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.

Ridiculous History

Ridiculous History

History is beautiful, brutal and, often, ridiculous. Join Ben Bowlin and Noel Brown as they dive into some of the weirdest stories from across the span of human civilization in Ridiculous History, a podcast by iHeartRadio.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.