How to 4x a Contracting Business in 3 Years
Mike Heath bought a garage door installer from owners who didn't use email. He grew sales fast, but profits came harder.
Topics in Michael’s interview:
Passing on a commercial cleaning business
Acquiring a garage door business with silent partners
Installing an operator on day one
Messy, unkempt books from the seller
Hitting a cashflow crisis
Bringing in a consultant and keeping her on full-time
Paying off the SBA loan early
Doubling their gross margin
Splitting revenue across 3 partners
Acquiring 2 pool businesses
References and how to contact Michael:
Stateline Products of Missouri…
The skinny
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