Evergreen, cash-flowing business criteria (buying/investing)

Criteria for buying or investing in a small business: evergreen demand, cash flow or recurring revenue, growth, and (for Tim) a founder you like.

Components

• Evergreen niche
• Cash flowing / recurring customers
• Growing
• Founder you like

Who describes it

• Thomas Smale — Three traits of a good business to buy: His criteria for a business worth buying. (Thomas Smale · Thomas Smale (Apr 2023) ▶ 08:15)
• Tim Stoddart — Investment criteria: founder, cash flow, evergreen: Three things he cares about before investing. (Tim Stoddart · Tim Stoddart (Apr 2024) ▶ 12:13)