Skip to content
TrackPodcasts
businessDec 12, 20241:35:24pending

How (and Why) to Buy an Electrical Business

Acquiring Minds

About this episode

Register for the webinar:

Fred McGill liked the trades and zeroed in on electrical. The $3.2m business he bought is likely to grow 25% in year 1.

Topics in Fred’s interview:

  • Founding a real estate start-up
  • Comparing rental income to small business
  • Acquiring an electrical company
  • Reassuring employees during transition
  • Learning how to hire electricians
  • Compensation in the electrical industry
  • Growth through digital marketing
  • Miscalculating working capital
  • Importance of making the phone ring
  • Helping searchers through Blue Collar Advisory

References and how to contact Fred:

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

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

Get a free review of your books & financial ops from System Six (a $500 value):

Connect with Acquiring Minds:

Get every episode summarized

Each time Acquiring Minds publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.

Email me new episodes

Free for 3 shows. No card needed.

Hosts & guests

No transcript yet

This episode has not been transcribed. Request it and it moves to the front of the queue.

How (and Why) to Buy an Electrical Business

Acquiring Minds

0:00
1:35:24

More episodes

More from Acquiring Minds

View all episodes →