Buyers and sellers can be friends, right? Well, what about business partners that work together to scale HVAC businesses?
In this episode of the Before You Buy or Sell a Business podcast, I sit down with Marc Chard and Spencer Satorie of Apex Services dive into their journey of expanding HVAC companies, sharing insights on acquisitions, systems implementation, and management across multiple locations.
From their initial partnership to acquiring multiple companies, they reveal strategies for overcoming challenges, the importance of a solid system, and their growth plans, including adding plumbing services.
Discover how they effectively manage diverse operations and hear their advice for aspiring business owners.
If you're interested in the intricacies of business acquisitions and roll-ups, you won't want to miss this.
📢If you are interested in sponsoring the podcast, reach out to me at Jared@JaredWJohnson.com
CHAPTERS
0:00 | Introduction
5:05 | Business Acquisition and Transition Period Challenges
7:54 | Navigating Business Partnerships and Growth Strategies
11:47 | Challenges and Successes in Acquiring Underperforming Businesses
25:06 | Challenges and Strategies in Managing Multiple Acquisitions
31:19 | Empowering Managers with Trust and Control in Franchise Operations
38:45 | The Challenges and Rewards of Scaling a Business
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DISCLAIMER: The views and opinions expressed in this program are my own and/or those of my guests. They do not necessarily reflect the views or positions of my employer.