5 Businesses Acquired with a Long-Term Hold Model
Acquiring Minds
Knowledge Grows with Size
Organizations with 30 or more employees tend to possess more institutional knowledge, which is crucial for maintaining operations as ownership transitions. When the owner is deeply involved in tasks like machine setups, it indicates a lack of delegation and a potentially risky dependency on their expertise. In contrast, larger teams tend to distribute knowledge across various roles, reducing the risk associated with ownership changes. Proper policies and procedures often emerge as the workforce grows, ensuring that critical operational knowledge is not solely concentrated in one individual, thereby mitigating risks related to retirement or departure of key personnel.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
