# How to Buy a $20m Business as a First-Timer

Page: https://stenobird.com/podcast/acquiring-minds-3909119/how-to-buy-a-20m-business-as-a-first-timer
Text version: https://stenobird.com/podcast/acquiring-minds-3909119/how-to-buy-a-20m-business-as-a-first-timer.md
Podcast: [Acquiring Minds](https://stenobird.com/podcast/acquiring-minds-3909119)
Published: 2026-06-11T07:00:00+00:00
Episode link: https://acquiringminds.co/articles/alan-turkus-interim-healthcare-twin-cities
Audio file: https://media.transistor.fm/b1f2d5d0/d7600f5d.mp3
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JSON: https://stenobird.com/v1/public/podcasts/acquiring-minds-3909119/episodes/how-to-buy-a-20m-business-as-a-first-timer
Duration seconds: 5465

## Resource

When Alan Turkus found a business with a mission, he knew he'd found the right fit for the final chapter of his career. Topics in Alan’s interview: Background in book publishing Post-MBA career in tech Taking a career break to raise his son From co-op cashier to co-CEO Seeking security through business ownership Acquiring a home health and hospice franchise Raising equity from search investors Retaining a little over 50% ownership Structuring with 2 forgivable seller notes The advantage of buying a bigger business References and how to contact Alan: LinkedIn Interim Healthcare of Twin Cities Elliott Edge on Acquiring Minds: 1 Business vs Many: Deciding to Roll Up Grant Hensel of Entrepreneurial Capital Jacob Hall of Kando Capital PROX Capital Group Connect with Acquiring Minds: See past + future interviews on the YouTube channel Connect with host Will Smith on LinkedIn Follow Will on Twitter Edited by Anton Rohozov and produced by Pam Cameron

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## Transcript

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