Acquiring Minds
Trailer
Bonus
Episode 334
Season 1
The Appeal (and Risk) of Buying a Consulting Firm
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Industry outsider Nick Munsee bought a traffic engineering firm for a good price, carefully de-risking the acquisition.
Topics in Nick's interview:
- Managing from out of state
- The white whale: a deal that almost happened
- Lessons from a failed acquisition
- Finding Hales Engineering
- Understanding the traffic consulting business
- Navigating lender challenges
- Incentivizing key employees
- Challenges in consulting business growth
- Project-based revenue insights
- The abrupt customer hand-off
References and how to contact Nick:
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Get complimentary due diligence on your acquisition's insurance & benefits program:
Get a free review of your books & financial ops from System Six (a $500 value):
Connect with Acquiring Minds:
Edited by Anton Rohozov
Produced by Pam Cameron