Nick Haschka - Buying Small - Ep. 49

Published: Feb. 2, 2021, 8 a.m.

I\u2019ve had my guest, Nick Haschka, on once before for episode 5 and I wanted to have him on again to talk through a thesis of his more in depth. The core element of his thesis is acquiring a small company, between $200k and $500k in cash flow, quickly can often be more beneficial for someone looking to buy a business than going the traditional search route. This is the path he\u2019s taken and so draws a lot from personal experience as well as deals he\u2019s seen over time.\xa0\n\xa0\nWe talk about advantages and disadvantages of acquiring small, some unconventional ideas of his such as not using accountants or lawyers, unique items to look for in due diligence, and a few stories. If your plan is to acquire a company in the next few years, this is an idea you should listen to and pay some consideration. I hope you pull a few lessons from Nick\u2019s thinking here.\nFor the full transcript and more, visit our website at alexbridgeman.com/podcast.\nI\u2019m also the founder of The Operator\u2019s Handbook, a print publication where small company operators share their insights and ideas for building more effective and profitable companies. Articles focus on process improvement, sales, hiring and training, managing culture, and all responsibilities within operating a small company. If you run a small business and are looking for new ways to grow and improve, subscribe today and join your peers in the endless pursuit of better at theoperatorshandbook.com.