41 min listen
Shutting Down After a 4-Year Struggle
FromAcquiring Minds
ratings:
Length:
89 minutes
Released:
Jan 11, 2024
Format:
Podcast episode
Description
Register here for the webinar on Financial Modeling a Self-Funded SBA Acquisition:https://bit.ly/48NzEYZThe cemetery services biz Philip Blackett bought in 2019 was finally squeezed to insolvency & shuttered 2 months ago. Topics in Philip's interview:Searching locally due to having twinsBuying a cemetery management businessThe downside of flat monthly billingIncreasing expenses straining his bottom lineCovid deaths affecting his customersWorking a second job for a yearUnforeseen weather challengesTaking high-interest loans to keep the business goingImportance of a support systemHis decision to close the businessReferences and how to contact Philip:LinkedInTwitterBusiness Wealth Without RiskBook your free tax strategy session for business buyers today:Steed - book your free sessionLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter
Released:
Jan 11, 2024
Format:
Podcast episode
Titles in the series (100)
Doubling Revenue 6 Months after Acquisition: How a 9-month search was rewarded by the discovery of 2 tiny e-commerce companies primed for growth. by Acquiring Minds