_how-to-buy-a-small-business-with-no-money-down.jpg "How To Buy A Small Business With No Money Down from money dance Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 5:14
👁 View: 1.6M times
✓ Published: 30-Apr-2024
👁 View: 1.6M times
✓ Published: 30-Apr-2024
Description:
Chelsea Mandel and her firm Ascension Advisory are on a mission to help small business buyers borrow a $17 billion a year tactic from private equity’s playbook known as sales leasebacks. But finding the right deal is nearly impossible.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/brandonkochkodin/2024/04/22/how-to-buy-a-small-business-with-no-money-down/?sh=30bace386bc8<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Chelsea Mandel and her firm Ascension Advisory are on a mission to help small business buyers borrow a $17 billion a year tactic from private equity’s playbook known as sales leasebacks. But finding the right deal is nearly impossible.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/brandonkochkodin/2024/04/22/how-to-buy-a-small-business-with-no-money-down/?sh=30bace386bc8<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_how-do-you-define-wealth-the-answer-may-surprise-you.webp "Whether you are considered rich depends on how you measure it – and the bar for that is changing. Have a look at the numbers that define who's wealthy today.")
_what-is-backdoor-roth-ira-how-it-works-and-advantages.webp "A workaround for the Roth IRA income restrictions enables wealthier individuals to to earn tax-free income. But how long will that back door remain open?")
_trump-vs-biden-new-poll-reveals-shift-in-2024-race-as-public-divided-on-presidents39-legacies.webp "In a recent CNN poll, former President Donald Trump is found to be leading President Joe Biden in the prospective 2024 presidential race, with public opinions about their presidencies varying significantly.")
⏲ 1:1 👁 74.7M
_inside-a-3646-million-renewable-energy-swindle.webp "Rhino Onward International, or ROI as it called itself, launched in 2022 with some big promises. The renewables development firm claimed that its “proprietary process and technology” put it in position “to assume the leading role in Green Hydrogen production.” The company said it was building a green hydrogen plant in Arizona that would be worth about $530 million within 5 years, according to marketing materials it shared with investors.<br/><br/>ROI raised $31 million from over 200 investors but apparently only invested $200,000 in the business; the firm’s promoters Paul Croft and J.D. Frost diverted the rest of the investors’ money to themselves and entities they control, according to an investor lawsuit filed in Illinois last month, which cited bank records obtained through subpoenas. Beginning in 2021 until last year, Croft, a 42-year-old entrepreneur living in Chicago, and Frost, a 40-year-old accountant based in Chattanooga, Tennessee, raised approximately $46 million from a series of phony renewables investment schemes, which the pair used to live extravagantly, pay employees at their tax advisory business, pay down short-term loans and even lend money to embattled professional hockey player Robin Lehner, according to allegations in lawsuits, bankruptcy filings, former investors and ex-employees of Croft’s and Frost’s businesses who spoke with Forbes on the record, and others with knowledge of the matter who spoke on the condition of anonymity in order to speak about sensitive information.<br/><br/>0:00 Introduction<br/>0:28 The Founding Of Rhino Onward International<br/>3:34 Who Was Scammed By Croft And Frost?<br/>6:11 Who Are Croft And Frost?<br/>9:21 When Did Investors Figure Out The Scam?<br/>12:17 Embellishing Wealth And Origin Stories<br/>14:26 What's Next?<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/johnhyatt/2024/04/23/anatomy-of-a-46-million-renewable-energy-swindle/?sh=767c07c23c4b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_hunter-biden-demands-fox-news-to-remove-explicit-images-alleges-defamation.webp "Hunter Biden, son of President Joe Biden, has demanded that Fox News remove explicit images from its platforms, alleging defamation and unlawful publication of private images.")
_mark-zuckerberg-says-meta-is-years-off-from-making-money-from-generative-ai.webp "Meta won't make profit from AI for many years to come, says Mark Zuckerberg.")
_tips-on-spotting-a-scam-and-how-to-get-your-money-back.webp "In light of the rising cost of living crisis, being sure you’re safe from scams is more important than ever and there are a few helpful steps to keep your money, data and private information secure.")
_how-to-cut-working-from-home-costs.webp "With many of us now working from home for at least part of the week, we highlight the simple steps you can follow to save money when working from home and save around £300")
_how-do-you-define-wealth-the-answer-may-surprise-you.jpg)
_what-is-backdoor-roth-ira-how-it-works-and-advantages.jpg)
_trump-vs-biden-new-poll-reveals-shift-in-2024-race-as-public-divided-on-presidents39-legacies.jpg)
_inside-a-3646-million-renewable-energy-swindle.jpg)
_hunter-biden-demands-fox-news-to-remove-explicit-images-alleges-defamation.jpg)
_mark-zuckerberg-says-meta-is-years-off-from-making-money-from-generative-ai.jpg)
_tips-on-spotting-a-scam-and-how-to-get-your-money-back.jpg)
_how-to-cut-working-from-home-costs.jpg)
![[+]](/images/menu.gif){kind=small}