In This Episode
If you’re an avid listener of Dirty Secrets of Small Business, or if you know us off the air, you’ve heard some of Jack’s story about his first acquisition of Cleveland Armature. But until now, you haven’t heard the full story…or as Paul Harvey used to say, the rest of the story! Well, tonight’s show is for you.
If you are dancing thoughts of finally getting into business for yourself or if you’re looking to grow your business by acquiring another business, tonight’s show has something for you. Jack shared details about how he found this first company, his unique due diligence process, some of the nice surprises he found while cleaning up the company, and some keys for how he was then able to sell the company only a couple of years later after getting things fixed up. This show is guaranteed to make you laugh out loud and provide some guidance and inspiration on your search.
People, Companies and Resources We Mentioned in the Show
- Armature (https://en.m.wikipedia.org/wiki/Armature_(electrical))
- Paul Harvey (https://en.m.wikipedia.org/wiki/Paul_Harvey)
- UPS (https://www.ups.com/us/en/global.page)
- Internal Revenue Service (https://www.irs.gov)