Unlocking Growth in a Business, Average Age 55
Acquiring Minds
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Navigating the Challenges of Transitioning and Growing Businesses
The chapter delves into the challenges faced during a transition period in a business, including upgrading systems, managing turnover, and dealing with resistance to cultural changes. The speakers share insights on accelerating business growth through organic and inorganic strategies, discussing the acquisition process and the benefits of vertical integration. The growth of distribution company Hollins and manufacturing company Utility Services Group is highlighted, detailing the increase in employee count and revenue for both businesses.
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