Episode Details
Back to Episodes
Small SDE, Big Upside: Buying a Business with 5 Employees
Published 1 year, 11 months ago
Description
Register for the webinars:
- Cap Tables 101: How Capital Structure Works When Buying a Business - Thu Oct 24 - https://bit.ly/4dR5CWq
- How to Run a 2-Year Search in 2 Months - Friday Nov 1 - https://bit.ly/4dQifkn
Kristiana Laugen left tech to buy a 40-year-old pool business with $300k SDE. Fast growth from a small base is the plan.
Topics in Kristiana’s interview:
- Her career working for start-ups
- Her desire to “eat what she kills”
- Finding a business sooner than expected
- Acquiring a commercial pool maintenance/repair business
- How commercial pool maintenance differs from residential
- Quickly firing all but one technician
- Making changes in the first 90 days
- Seller retained 5% equity
- Using an app for routing efficiency
- The numbers game of hiring
References and how to contact Kristiana:
- klaugen119@gmail.com
- RD Pools, Spas & Fountains
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:
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