Partnering with an Operator to Buy a Business

Landon Mance bought a $1.7m tree business alongside a minority partner who's operated the business full-time from Day 1.  Topics in Landon’s interview:Crossing paths with a financial criminalBuying a tree service business with his friend as operatorWhere “follow your passion” falls shortWhy the business had high margins at acquisitionNegotiating with the sellers over ZoomBurning through the capex budget in 90 daysThe importance of putting everything in the contractHis operator’s equity stake in the companyContinuing to run his financial planning businessHis 5-8 year vision for the companyReferences and how to contact Landon:[email protected] Planning PartnersTrent LeeNevada Tree ServiceTrevor MiltonRyan TansomElizabeth HolmesMicro Business AcademyLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with A-players who can run your business remotely:More StaffingConnect with Acquiring Minds: See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter