FREQUENTLY ASKED QUESTIONS

ETA stands for Entrepreneurship Through Acquisition (ETA). It is a great way to become a business owner without the risk of a startup. You will be purchasing and existing business that has revenue, employees and a working business model which increases your chance of success.

Our Business Institute class is open to any individual across the country who are interested in becoming a business owner using ETA (entrepreneurship through acquisition). We do not discriminate in any capacity and all are welcome to apply.

Our curriculum was developed in partnership with University of Cincinnati and the Goering Center. Our classes are taught by industry leaders and partner institutions.

The cost of the 8 week class is normally $2,000. But through the help of our sponsors they have agreed to grant full scholarships to the first 30 students who apply. The class will be free for you to attend if you apply and are accepted into the program.

All of our classes are virtual.

We have several deal flow partners that we introduce you to as part of our program. We will teach you how to engage with various brokers and view current listings of businesses for sale.

To buy a business, you'll typically need at least $10,000 in personal capital. However, the more funding you have, the larger and more profitable the business you can afford to buy. Here's a general guideline:

• $10,000–$50,000: Small businesses between $100,000 and $500,000 in sales.

• $50,000–$150,000: Medium sized businesses between $500,000 and $1M

• $150,000+: Large businesses with $1M+ in revenue and high growth potential

Most acquisitions involve a combination of personal investment, loans (like SBA loans), and seller financing. The more capital you bring, the more options you'll have.

After completing the course, you'll gain exposure to a variety of financing options and deal structures. Available financing options may include:

• SBA loans

• Seller financing

• Investor partnerships

• Bank loans

• Revenue-based financing

• Equity financing

The best option depends on the size and type of deal, your financial profile, and the business's performance. The course is designed to help you evaluate and structure deals using the most suitable financing strategy.