Acquiring Minds The Appeal of Buying a Food Product Business
Jan 2, 2024
The podcast discusses the appeal of buying a food product business, including topics such as starting a business while searching, similarities between food and dropshipping businesses, the role of co-packers in the food industry, challenges and risks in the food business, the psychology of having an SBA loan, and reflections on owning multiple small businesses.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10 11 12
Introduction
00:00 • 2min
Update on the acquisition lab and discussion on buying food businesses
01:59 • 3min
From Consulting to Entrepreneurship: Buying a Small Business
05:06 • 12min
The Benefits of Hiring Virtual Professionals and Criteria for Buying a Business
16:37 • 4min
The Search for the Perfect Business
20:24 • 11min
Finding a Business to Buy
30:55 • 15min
The Importance of a Supportive Spouse
45:28 • 15min
The History and Branding of Flavor Crisp Seasoning
01:00:52 • 2min
The Challenges of Running a Food Product Business
01:03:05 • 11min
Understanding Co-Packing in the Food Product Business
01:14:15 • 13min
The Psychology of Having an SBA Loan
01:27:10 • 3min
Growing Sales and Expanding Business
01:29:40 • 11min