A Cautionary Tale of Buying Too Small
JD Klein bought a print shop for $100k, thinking such a small acquisition carried little risk. The opposite was true. (This is a rebroadcast from December 2021.)
Themes from JD's interview:
Running a strong-growth, low-margin business
Selling your house to make ends meet
Why very small businesses come with higher risk
Acquirers should hire a financial planner
Pivoting your strategy when uncontrollable roadblocks emerge
Pros & cons of the printing industry for acquirers
Personal victories vs. financial victories
Reach JD at:
@jdklein33
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The skinny
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