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21 Months to Stability Buying a $1.2m SDE Business

21 Months to Stability Buying a $1.2m SDE Business

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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 nick@inzotechnologies.com, and tell him you’re a searcher

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

  • From this page or contact mark@aspenhr.com

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

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