Margins in Mulch: Buying a $1m Erosion Control Business
Acquiring Minds
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Navigating Acquisition and Cash Flow in Business
This chapter delves into the financial intricacies involved in acquiring a $1 million erosion control business, focusing on the seller's commitment, working capital management, and debt considerations. It reflects on personal compensation strategies while prioritizing business growth and the importance of preparing financials for potential buyers. The chapter also highlights the challenges faced in managing cash flow and operations post-acquisition, drawn from real experiences in the construction sector.
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