37 min listen
How to Identify & Buy a Great Residential Contractor
FromAcquiring Minds
ratings:
Length:
80 minutes
Released:
Mar 21, 2024
Format:
Podcast episode
Description
Register here for the webinar, Working Capital 101https://bit.ly/3veZaYPAlan Lochridge left a career in consulting to buy a 20-year-old $5.5m hardscaping contractor with strong fundamentals.Topics in Alan’s interview:Years of searching before acquiringUnderstanding the ROBS financing strategyReiterating company values weeklyHis day-to-day role as ownerRestructuring to do more with fewer peopleEmbracing digital marketing and CRM toolsWhy he’s so comfortable with project-based revenueAdvantage of a negative cash conversion cyclePros and cons of using subcontractorsGetting his general contractor’s licenseReferences and how to contact Alan:LinkedInalan@stonemanrocks.comThe Stone ManGet 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:
Mar 21, 2024
Format:
Podcast episode
Titles in the series (100)
Pivoting to Swag in 7 Acquisitions Over 8 Years: Two brothers took over a 110-year-old business in a stagnating industry. 7 acquisitions later, the future is bright. by Acquiring Minds