
Reflections on 2 Years in the Knife Fight
Acquiring Minds
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Strategies in Acquiring and Optimizing a Business for Growth and Tax Benefits
The chapter explores the experience of acquiring a business with untapped growth potential through expanding sales and development, discussing the differences between buying a job and a business, financial aspects like margins and SDE, and the challenges faced in obtaining working capital. It also delves into tax optimization strategies post-acquisition, such as accelerating depreciation, structuring deals for tax benefits, and the varying tax implications of different assets, showcasing how these strategies can result in significant tax savings and financial benefits for owners.
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