Acquiring Minds

The Model Works: Reflections of a Plumbing Business Buyer


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Doug Johns reflects on his balance sheet, lifestyle, and new identity as business owner after 9 quarters in the seat. 

Topics in Doug’s interview:

  • His wife's involvement in the business
  • Working 60 hours a week 
  • His experience with ROBS structure and buyout
  • Slowdown in home services industry
  • Why he loves owning & operating
  • When & why to raise your prices
  • Moving to a small town in a metro area
  • Integration of business into daily life
  • Fierce competition in home services
  • Great benefit of franchises: in-network peer groups

References and how to contact Doug:

  • LinkedIn
  • Doug John’s first appearance on Acquiring Minds: Opening Up to Franchises to Buy a Great Business

Get complimentary due diligence on your acquisition's insurance & benefits program:

  • Oberle Risk Strategies - Search Fund Team

Book your free tax strategy session for business buyers today:

  • Steed - book your free session

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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