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Acquiring Minds

Boom, Bust, Boom: Buying a Whiplash Business

26 Oct 2023

Description

Chandler Reed reflects on buying a project-based business in 2021, seeing sales soar, then crash, then surge again. Topics in Chandler’s interview:His unconventional entrance into the search spaceBuying a commercial lighting contractorIncentivizing the sole employee to stay onThe challenges of managing peopleThe ups and downs of project-based revenueHow interest rates affected his deal flowInvolvement with Sam Rosati’s boot campChoosing a business based on desired lifestylePros and cons of subcontractingHis preference for digital over physical businessesReferences and how to contact Chandler:LinkedInTwitterSMBootcampPursuant Capital BootcampSMBashGet a complementary pre-acquisition HR & PEO review for your target business:Contact [email protected] or visit Aspen HR Get complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter

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