Navigating Loan Collateralization and Business Acquisitions

Register for the webinars:

• 5 Stages of the Business Buying Process - Thu Feb 6 - https://bit.ly/3En1vFu
• Legal Aspects of Debt Financing - Thu Feb 13 - https://bit.ly/3EjjOex

7 months into ownership of a $2m fencing business, Kirk Olson is learning how to manage culture, tech, and cash flow.

Topics in Kirk’s interview:

• Achieving financial independence, but deciding not to retire
• Buying a business for a total life upgrade
• Negotiating with very difficult sellers
• Structuring real estate into the deal
• Returning after the first deal died
• Sales dropping after the transition 
• Learning to calculate the cost of a job
• Introducing a CRM and ditching the fax
• Making Mike’s Fencing a great place to work
• Turning on digital marketing

References and how to contact Kirk:

• kolson@mikesfencing.com
• Mike’s Fencing
• John Murphy’s episode: The Double Life of Owning a Business 2.5 Hours Away

Get a free review of your books & financial ops from System Six (a $500 value):

• Book a call with Tim or hello@systemsix.com and mention Acquiring Minds

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

• From this page or contact mark@aspenhr.com

Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

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