What Buying Small Is Like When Crises Happen
Jun 22, 2023•1 hr 18 min
Episode description
3 days into Monte Marcum's acquisition of an established franchise, key equipment breaks. Then the crises kept coming.
Topics in Monte’s interview:
- Buying 2 existing & adjacent franchise businesses at once
- How Filta’s customer pricing is structured
- Why commercial kitchens love his business
- Combining two businesses
- Equipment starts breaking on day three
- Monte’s series of fetal position moments
- What exactly is hard about running a business
- How one rockstar employee guided him through a season of crisis
- The biggest risk of buying small
- The importance of a support system
Links and how to contact Monte:
- monte@marcumbrick.com
- Codie Sanchez: These “Boring Businesses” Will Make You Rich
- Filta Environmental Kitchen Solutions
- John Schooler update episode on Acquiring Minds
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact mark@aspenhr.com or visit Aspen HR
Get complimentary due diligence on your acquisition's insurance & benefits program:
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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