Rocky Transition: How to Survive, Then Thrive
Sep 05, 2023•1 hr 31 min
Episode description
Collapsing sales, unhelpful sellers, and a GM who quit. But 1 year later, Chris Jones is contemplating acquisition #2.
Topics in Chris’s interview:
- Buying a foundation repair business
- Finding discrepancies in QuickBooks
- His chaotic transition to CEO
- The GM leaving to start a competing company
- A dispute over money the seller owed
- Burning through cash the first winter
- Restructuring roles in the business
- Improvements in sales numbers
- Possibly acquiring a second business
- Optimism about the future of the company
References and how to contact Chris:
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact mark@aspenhr.com or visit Aspen HR
Learn more about Walker Deibel's done-with-you buy-side advisory:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
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