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The Model Works: Reflections of a Plumbing Business Buyer
Published 2 years, 7 months ago
Description
Doug Johns reflects on his balance sheet, lifestyle, and new identity as business owner after 9 quarters in the seat.
Topics in Doug’s interview:
- His wife's involvement in the business
- Working 60 hours a week
- His experience with ROBS structure and buyout
- Slowdown in home services industry
- Why he loves owning & operating
- When & why to raise your prices
- Moving to a small town in a metro area
- Integration of business into daily life
- Fierce competition in home services
- Great benefit of franchises: in-network peer groups
References and how to contact Doug:
- Doug John’s first appearance on Acquiring Minds: Opening Up to Franchises to Buy a Great Business
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