How to Use an SBA Loan to Roll Up from $6m to $140m
Acquiring Minds
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Navigating Payroll and Expansion During Acquisitions
This chapter explores the intricacies of managing payroll during business acquisitions, especially for new operators in the healthcare sector. It recounts challenges faced during expansion amidst the COVID-19 pandemic while discussing strategic financing options, including SBA loans, to facilitate growth through acquisitions. The speaker reflects on significant company growth from $6 million to nearly $20 million, focusing on innovative operational strategies and collaborations that enhanced service offerings and integrated various healthcare businesses.
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