Acquiring Minds

What Buying Small Is Like When Crises Happen

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Jun 22, 2023
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ANECDOTE

Critical vs. Non-Critical Services

  • Filta's service was critical to customers; without it, a restaurant's operations could break down.
  • This contrasts with less critical services like indoor plant maintenance, where delays don't cause immediate operational problems.
ANECDOTE

Initial Crises

  • Three days after acquiring two Filta franchises, key equipment broke, impacting service delivery.
  • This was followed by more crises, including another equipment failure, employee challenges, and a family health issue.
ANECDOTE

Technician Longevity

  • Filta technicians are highly valued, with some having served for 6-7 years.
  • This longevity is attributed to job satisfaction, autonomy, and the absence of corporate politics.
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