Acquiring Minds

Shutting Down After a 4-Year Struggle


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Watch the recording of our webinar on Financial Modeling a Self-Funded SBA Acquisition:

  • https://acquiringminds.co/webinars/how-to-model-a-self-funded-sba-acquisition


The cemetery services biz Philip Blackett bought in 2019 was finally squeezed to insolvency & shuttered 2 months ago.

Topics in Philip's interview:

  • Searching locally due to having twins
  • Buying a cemetery management business
  • The downside of flat monthly billing
  • Increasing expenses straining his bottom line
  • Covid deaths affecting his customers
  • Working a second job for a year
  • Unforeseen weather challenges
  • Taking high-interest loans to keep the business going
  • Importance of a support system
  • His decision to close the business

References and how to contact Philip:

  • LinkedIn
  • Twitter
  • Business Wealth Without Risk

Book your free tax strategy session for business buyers today:

  • Steed - book your free session

Learn more about Walker Deibel's done-with-you buy-side advisory:

  • The Acquisition Lab

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter
...more
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Acquiring MindsBy Will Smith

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