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Acquiring Minds
Trailer
Bonus
Episode 326
Season 1
Buy, Grow, Exit for a 24x Return in 3.5 Years
Register for the webinars:
- Legal Aspects of Debt Financing - Thu Feb 13 - https://bit.ly/414vOtc
- Using a Sale-Leaseback to Buy a Business - Thu Feb 20 - https://bit.ly/42I4dPY
Former guest Chris Edwards has sold the $1.7m flooring business he bought with $200k of his own money and an SBA loan.
Topics in Chris’s interview:
- Why he chose to sell his flooring business
- Deciding not to rebrand
- Owning and operating in a small, isolated town
- A countertop acquisition that went south
- How a holdco is different from running one business
- Fetal positions and sleepless nights
- Improving their customer service
- Why he might build his next business from scratch
- Losing clients to a former employee
- Growing EBITDA from $500k to $1.1M
References and how to contact Chris:
- chris@sanitasequity.com
- Chris’s first appearance on Acquiring Minds: How to Survive Acquiring a $3.5m Flooring Business
- Chris’s second appearance on Acquiring Minds: Would They Do It Again? 1 Year Later with 5 Early Guests
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact mark@aspenhr.com
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Get a complimentary IT audit of your target business:
- Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Credits:
- Produced by Pam Cameron
- Edited by Anton Rohozov