One Year, 3x Revenue, and a Clear Path to $15M
Acquiring Minds
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Navigating Early Bids and Business Acquisitions
This chapter explores the foundational steps of bidding for projects in a newly acquired business, emphasizing the significance of understanding bidding flows and utilizing new software. It also dissects the financial intricacies involved in transitioning business ownership, including the implications of cash versus accrual accounting. Furthermore, discussions highlight the comprehensive financial investments necessary for growth and the competitive dynamics within the project-based electrical contracting industry.
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