Get $200 off your ticket to the M&A Launchpad Conference in Houston on May 11th:
At age 63, Maurice Thomas wasn't ready to retire, so he bought an electrical contractor with $1m in earnings instead.
Topics in Maurice’s interview:
- Buying a business after age 60
- Learning the right amount of diligence to do before submitting an LOI
- Importance of a target statement for searchers
- His values-first approach to business
- Importance for searchers to “know thyself”
- Politics and religion in the workplace
- Gratifying work of coaching employees
- His succession plan
- Challenge of hiring lead electricians
- Creating incentives that align with company goals
References and how to contact Maurice:
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Get a complementary pre-acquisition HR & PEO review for your target business:
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