In honor of Women’s History Month, the U.S. Small Business Administration will hold its 2022 Women’s Business Summit on March 28-30. The summit will consist of virtual panels, “Ask an Expert” workshops and fireside chats to help women-owned small businesses build, scale, and grow.
Xactly byGTE finds and places talent – from technicians to executives – with restoration companies of all sizes. In this episode of Ask the Expert, Gregg Taylor, managing member, speaks to the unmet expectations of candidates and employees. He makes the case for rethinking recruiting and retention strategies, and offers best practices for businesses.
In part six of the 7 Lessons Learned from $500 Million in Restoration Transactions series, Gokul Padmanabhan discusses the power of a strategic buyer who looks beyond your financial statements to the full potential of your business.
“Identifying potential future leaders, mentoring their development, and building a bench of talent for the future is paramount. The degree to which the new consolidated organizations succeed will be determined by the quality and cohesiveness of their leadership at all levels,” Norris Gearhart writes.
In part five of the "7 Lessons Learned from $500 Million in Restoration Transactions" series, Gokul Padmanabhan discusses the letter of intent, must-have clauses and how to ensure your exclusive agreement with the buyer leads to a favorable transaction.
As countless restoration companies struggle to find and keep employees, more people want to work for Paul Davis of Greater MSP than the franchise has openings. Owner Caleb Brunz shares his secrets to staffing success and overviews his newly launched Pathways Trades Academy.
In this episode of Ask Annissa, Annissa Coy offers two practical ideas to a restoration business owner struggling to bring money in the door one year after opening. In his heartfelt plea for advice on quickly finding jobs, he asks, “If you were in my shoes, what would you do?”
Gokul Padmanabhan unpacks one of the key lessons he has learned over 15 years and $500 million in restoration business transactions. He explores time and how important it is in getting a deal done. "Time is not your friend," Padmanabhan says. He also overviews six additional lessons he has learned about restoration transactions.
In this installment of “7 Lessons Learned from $500 Million in Restoration Transactions,” Gokul talks about identifying what is important and understanding the leverage you have as you sell your business.
Gokul Padmanabhan predicts the tidal wave of restoration mergers and acquisitions will continue for the next four to five years as more Baby Boomers look to retire and sell their businesses. However, he sees a big opportunity gap that not enough restoration business owners are seizing on.
