How One Small Acquisition Led to 9 More in 5 Years
Acquiring Minds
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Navigating Small Business Acquisitions
This chapter explores the dynamics of acquiring small to mid-sized owner-operated businesses, emphasizing the importance of understanding profitability margins and limitations in technological advancement. The discussion highlights a specific acquisition strategy in the horticulture sector, including the use of SBA loans and the significance of building industry relationships to uncover opportunities. Additionally, it examines the impact of personal lifestyle and ambition on acquisition decisions, along with the potential for expansion into adjacent markets.
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