Navigating Tech Challenges in Business Acquisitions

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:

• Twitter
• LinkedIn
• 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:

• Matthias Smith of Pioneer Capital Advisory

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