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Taking a Blue Collar Biz from $900k to $2.4m in Earnings

Taking a Blue Collar Biz from $900k to $2.4m in Earnings

FromAcquiring Minds


Taking a Blue Collar Biz from $900k to $2.4m in Earnings

FromAcquiring Minds

ratings:
Length:
94 minutes
Released:
Feb 12, 2024
Format:
Podcast episode

Description

Register here for the webinar, How to Raise Equity to Buy a Businesshttps://bit.ly/3SAWZXdAdam Borcz bought & unlocked growth in a niche-y, 35-year-old blue collar business, almost tripling earnings in 4 years. Topics in Adam’s interview:Adam’s experience working for a fundless sponsorPros & cons of having the federal government as a customerDoubling his work force in a “tough labor market”Why overhead doesn't need to scale with labor forceDoing nothing for the first six months as ownerWhy he invests in traditional search fundsPersonal risk and work involved in self-funded searchBeing on the right side of the SBA loanTying profit sharing to gross profitAdam's decision to hold the business indefinitelyReferences and how to contact Adam:LinkedInTwitterDelta Installation GroupGet a complementary pre-acquisition HR & PEO review for your target business:Contact mark@aspenhr.com or visit Aspen HRLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter
Released:
Feb 12, 2024
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.