How to Survive Acquiring a $3.5m Flooring Business
Aug 19, 2021•50 min
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Episode description
Chris Edwards' first 6 months as new owner has been a “bloody knife fight.” But things are looking up, with the business projected to profit $750k this year.
Themes from Chris’s interview:
- Chris’s advice for new owners (be a shock absorber)
- What made Chris a competitive buyer
- Solo buyer vs. having a partner
- How to implement changes as a new owner (hint: slowly)
- High stress, high stress, high stress…less stress
- “The worst decision he’d ever made”?
Reach Chris at:
- @toph_edwards
- His flooring company, Affordable Flooring Warehouse
Official episode page & full show notes at AcquiringMinds.co:
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