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Surviving the Nightmare: Sales Plunge 95%

Surviving the Nightmare: Sales Plunge 95%

FromAcquiring Minds


Surviving the Nightmare: Sales Plunge 95%

FromAcquiring Minds

ratings:
Length:
73 minutes
Released:
May 11, 2023
Format:
Podcast episode

Description

9 months after Jesse Safir bought a printing biz, Covid cratered it. 3 years later, sales are nearing pre-Covid levels. Topics in Jesse’s interview:
Finding ABG Printing by sending direct mail
The value of having a “forgettable” business
Renegotiating his deal before acquisition
The changes he made in the first 9 months
Cutting 80% of his staff during COVID
Managing cash flow after revenue plunged 95%
Staffing post-COVID
How their printing projects have diversified
The landscape of the printing industry
Jesse’s vision for a holdco
Links and how to contact Jesse:
LinkedIn
jesse@abgprint.com
abgprint
The Dip by Seth Godin
Jesse on Let’s Buy a Business
Get complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamGet a complementary pre-acquisition HR & PEO review for your target business:Contact mark@aspenhr.com or visit Aspen HR
Connect with Acquiring Minds:
See past + future interviews on the YouTube channel

Connect with host Will Smith on LinkedIn

Follow Will on Twitter
Released:
May 11, 2023
Format:
Podcast episode

Titles in the series (100)

Buying a business is an amazing path for many successful entrepreneurs. Learn how to buy a business from the entrepreneurs who have already done it. Stories, insights, & valuable advice about acquisition entrepreneurship. Hosted by Will Smith, who is on his own path to acquire a business.