
Trish and James Higgins of Chenmark Capital - Permanent Equity - [Invest Like the Best, EP.28]
Invest Like the Best with Patrick O'Shaughnessy
Focusing on Core Competency and Overcoming Business Challenges
Deliberately targeting companies with cash flow between one and two and a half million dollars helps find businesses exceptional in their core competencies but lacking in business management areas. By centralizing core expertise and deploying it across the portfolio, businesses can benefit from various key areas in a cost-effective manner, avoiding the high cost of individual specialists. This structured approach also involves discussing funding needs and aligning management fees transparently with the value delivered to the companies, ultimately aiming to address challenges in scaling businesses effectively.
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