Episode Details
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From $1m to $25m in 6 Years
Published 5 months ago
Description
Jeff Flannery is a great example of how franchising complements ETA, having rolled up 17 units since starting in 2019.
Register for the webinars:
- Advanced Deal Mechanics: NWC, Net Debt & Purchase Price Adjustments - TOMORROW!! - https://bit.ly/4u9KyD6
- Add-Ons and Carve-Outs: How to Get Banks on Board - Thu, Apr 30 - https://bit.ly/3OpzRgx
Topics in Jeff’s interview:
- Difference between a practice and a business
- 18 years of running a procurement recruiting firm
- Acquiring a failing Hand and Stone location
- Improving the franchisee playbook
- Ask franchisees for the actual profit margins
- Mastering the business from the bottom up
- Working 100-hour weeks for years
- Implementing enrollment fees
- Running spas in California through Covid
- Building an inbound and outbound offshore call center
References and how to contact Jeff:
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact jenny@aspenhr.com
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
Get a complimentary IT audit for acquisition diligence or post-close transition.
- Visit inzotechnologies.com/eta.
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov and produced by Pam Cameron