Financial Aspects of Business Ownership and Strategic Acquisitions

Summary from Webflow: The first business Colin King bought was tiny & unpleasant but also the crucial first step to buying more & better ones.

Topics in Colin’s interview:

• Finding his first business (and business partner) on Craigslist
• Delivering auto parts in the middle of the night
• Buying a turnaround silk florals business
• When his clothing business doubled in revenue overnight
• Day-to-day logistics of running diverse businesses
• Acquiring remote businesses: bookkeeping and e-learning
• Importance of working capital in seasonal businesses
• Pros and cons of having a diverse portfolio of companies
• Asking advice for the future of his holdco
•  Finding and managing talent across diverse businesses

References and how to contact Colin:

• LinkedIn
• Twitter
• colin@circlecitycapitalgroup.com
• Circle City Capital Group

Smithlist is a new job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:

• Smithlist - Operate & Lead a Business

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

• Oberle Risk Strategies - Search Fund Team

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

• Matthias Smith of Pioneer Capital Advisory

Connect with Acquiring Minds:

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