Ben Tiggelaar 🟠 (@bentigg) / X

Ben Tiggelaar 🟠

10.1K posts

Ben Tiggelaar 🟠

@bentigg

Learn how to acquire, grow, and invest in cash-flowing SMBs | Bought healthcare biz at 26, grew 8x by 31 | Subscribe to the SMB Scoop weekly newsletter

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Joined April 2009

Pinned
Ben Tiggelaar 🟠
@bentigg
Feb 19, 2023
PPP Data is a goldmine for a small business buyer - I shouldn't be telling you this... In less than 10 minutes, I found 95 'Flooring Contractors' in Texas, estimated their revenue & EBITDA based on their PPP loan data 6 steps: 1. Get PPP Payroll data for the specific NAICS
551K
Ben Tiggelaar 🟠
@bentigg
Sep 22, 2023
Working Capital 101 🔥 Let me save you years of headache. I've put together an example that should explain everything you've ever wanted to know about working capital Now you know everything
164K
Ben Tiggelaar 🟠
@bentigg
May 16, 2023
How I turned public PPP loan data into a mind blowing business acquisition pipeline: 🤯 To get PPP money, businesses had to disclose never-before-seen private data…now it sits on the SBAs website available for anyone to download for free But remember, data is completely
176K
Ben Tiggelaar 🟠
@bentigg
May 18, 2023
27 year old buying a multi-million dollar business with 95% debt, a personal guarantee, and no management experience:
GIF
174K
Ben Tiggelaar 🟠
@bentigg
Nov 22, 2022
Raising equity for a self-funded search acquisition deal? In 2022, I’ve reviewed over 100 self-funded deals and made investments in 4. Here’s the 7 slides I want to see in a deck (plus some red flags & other tips at the end), from an investor's perspective... --> --> --> -->
Ben Tiggelaar 🟠
@bentigg
Mar 7, 2023
Want to buy a small business near you (within 15 miles)? 12 tactics for a geographically constrained acquisition search: 1. get a list of PPP loan data from your geo, filter to best 200 with your criteria (email & cold call). Drop in unannounced live to top 25 and meet the
142K
Ben Tiggelaar 🟠
@bentigg
Jan 27, 2023
Using SBA debt to buy a small biz? A simple valuation & structuring strategy: 1. EBITDA minus capex 2. Multiply by 3.5 for a good biz or 4 for a great biz to get the purchase price 3. 80% SBA debt / 10% seller note / 10% equity 4. Req working capital as part of offer That's it
121K
Ben Tiggelaar 🟠
@bentigg
Jan 3, 2023
The 27 best 🧵 threads of 2022 for small business & entrepreneurship The amount of free value in one spot is mind blowing 🤯 👇
176K
Ben Tiggelaar 🟠
@bentigg
Mar 29, 2023
Want to buy a ski resort? Well now you can: for only $8,500,000! Powder King is a Canadian ski mountain in BC with 900 acres of skiable terrain, 37 runs, three lifts. It even has a lake resort as a bonus Too bad there’s no SBA loans in Canada… 😉
289K
Ben Tiggelaar 🟠
@bentigg
Dec 30, 2022
How much does a sole founder of a $300M private equity fund make assuming you 3x the investor's money? $65,000,000 ... 🤯 👇
162K
Ben Tiggelaar 🟠
@bentigg
Apr 6, 2023
Replying to @SMB_Attorney
Guess I’m not seeing what’s wrong with this. Firm wants to build a certain culture. People can choose to join or not. Sounds like a great management move on their part - outline clear expectations
51K
Ben Tiggelaar 🟠
@bentigg
Jul 31, 2023
EV charger install biz is a great electrician niche. Start or buy one Ride the wave of new EV owners for the next 25 yrs Easy installs 1/2 day of work for $1.5K-$2K Upsell opportunities (solar, monitoring systems, electrical upgrades, etc) All about lead gen You in?
137K
Ben Tiggelaar 🟠
@bentigg
Feb 2, 2023
Hack I learned in private equity when buying a small business Read 10Ks and investor presentations of publicly traded companies in the same space (competitors, customers, vendors) ➡️ Strategy playbooks, industry insight, risks, financials Thank me by commenting "Ben you rock"
74K
Ben Tiggelaar 🟠
@bentigg
Aug 14, 2023
I've been asked this a million times, so let me show you how to calculate the investor equity ownership in a potential self funded (SBA) deal OR put another away, how much you as the entrepreneur can retain when you put up 0% of your own money (100% of equity from investors) 3
110K