
From Sales Freefall to $1.2m/Month
Acquiring Minds
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Navigating Business Acquisitions
This chapter explores the intricacies of acquiring a coatings company, focusing on financial assessments and the importance of strategic planning. It highlights the unique aspects of Rhino Shield's business model, including the impact of COVID-19 on its revenue and the dynamics between dealership and franchise systems. Personal connections with sellers are emphasized as crucial for a successful acquisition, showcasing the importance of relationships in business transactions.
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