21 Months to Stability Buying a $1.2m SDE Business
Acquiring Minds
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Navigating Cash Flow and Business Acquisition in Construction
This chapter discusses the challenges of cash flow management for service providers in the construction industry, emphasizing the importance of timely payments and client relationships. It also explores the complexities of business acquisition, detailing the financial structuring, licensing hurdles, and partnership dynamics faced during the transition. The chapter reflects on the financial trajectory post-acquisition and the strategies employed to ensure stability and growth amidst various operational challenges.
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