21 Months to Stability Buying a $1.2m SDE Business

Acquiring Minds

Register for the webinar:

• Anatomy of a Franchise Holdco - Thu May 1 - https://bit.ly/4k8HKBd

Jan Roll bought a $6m residential contractor, a harrowing experience he calls one giant ambiguous ball of figure-it-out.

Topics in Jan's interview:

• Contracting means learning 25-30 trades
• Margin of safety in a residential construction business
• Value of paying vendors immediately
• Engendering trust in a low-trust industry
• Revenues dropping 25% in first year of ownership
• Using ROBS to buy the business
• Pitfalls in contractor licensing
• The harm in not having an employee agreement with a business partner
• How to diligence a business partner (or can you?)
• How SEO & digital marketing supercharged leads

References and how to contact Jan:

• LinkedIn
• Victoria Renovations

Get a complimentary IT audit of your target business:

• Email Nick Akers at [email protected], and tell him you’re a searcher

Download the New CEO’s Guide to Human Resources from Aspen HR:

• From this page or contact [email protected]

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

• Pioneer Capital Advisory

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter

Edited by Anton Rohozov
Produced by Pam Cameron