Struggles and Reflections on Business Ownership

Watch the recording of our webinar on Financial Modeling a Self-Funded SBA Acquisition:

• https://acquiringminds.co/webinars/how-to-model-a-self-funded-sba-acquisition

The cemetery services biz Philip Blackett bought in 2019 was finally squeezed to insolvency & shuttered 2 months ago.

Topics in Philip's interview:

• Searching locally due to having twins
• Buying a cemetery management business
• The downside of flat monthly billing
• Increasing expenses straining his bottom line
• Covid deaths affecting his customers
• Working a second job for a year
• Unforeseen weather challenges
• Taking high-interest loans to keep the business going
• Importance of a support system
• His decision to close the business

References and how to contact Philip:

• LinkedIn
• Twitter
• Business Wealth Without Risk

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Learn more about Walker Deibel's done-with-you buy-side advisory:

• The Acquisition Lab

Connect with Acquiring Minds:

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