Acquiring Minds

What to Acquire: 3 Hot Sectors for Business Buyers

17 snips
Dec 6, 2021
Casey Clark, an expert in identifying growth potential in a business for sale, discusses 3 hot industries for acquisition, the importance of industry selection, and attention to detail when buying a business. He also highlights digital marketing transformation and tech enablement as key indicators for business growth, and explores the personal satisfaction of becoming a custom house builder for high wealth individuals.
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ANECDOTE

Casey Clark's Entrepreneurial Start

  • Casey Clark shared his first entrepreneurial experience starting with a franchise and expanding into corporate franchising with many franchisees.
  • This background gave him deep insight into common business owner problems and scalable systems.
ADVICE

Match Industry to Your Traits

  • Choose a business industry that aligns with your personality and attention to detail level.
  • Avoid businesses with many small transactions if you aren’t detail oriented, favor larger transaction size businesses.
INSIGHT

Three Hot Acquisition Sectors

  • Home services, health care, and hospitality are experiencing strong growth due to labor shortages, industry shifts, and post-COVID recovery.
  • These sectors offer meaningful acquisition opportunities with potentially sustained demand over years.
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