After the deal discussion.

June 14, 2025
by a searcher from Montana State University in Missoula, MT, USA
What do you do once the deal is complete and you are the owner? What's the first thing you look to fix or improve. Is there a baseline you try ensure as far as COGS, wages and expenses? Are you looking for an operator? I'd love to hear from you.
My usual procedure is to fix or improve the baseline and margins and then go into a value stream mapping of the process. Arguably you could say this should be done during due diligence, but I like to move a bit faster. And yes it has gotten me into some tough situations. Ha Ha!
from University of Washington in Redmond, WA, USA
from Northwestern University in Chicago, IL, USA