Factory Life: Buying a Manufacturer with $1m SDE
Acquiring Minds
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Creating an Owner Manual
In this chapter, they discuss the owner manual that the speaker wrote and had the owner sign off on. They created a detailed spreadsheet and word document that outlined tasks and processes for various aspects of the business. They also created an Excel model to calculate costs and pricing based on customer emails and industry standards. They wanted to be able to respond to customers and handle the business independently, so they needed the owner to read and verify the manual before their departure.
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