What It Really Takes to Buy and Run a Business

Описание: Most people dream about owning a business. Mike Fransen bought one, and it changed everything.

In this episode of Good Business, Clay and Luke sit down with Mike to talk about what it looks like to acquire a boomer-owned, blue-collar business and survive the first two years. They cover the pressure of personally guaranteeing a loan, managing partnership tension, navigating a seller transition, and learning how to lead a new team while stabilizing cash flow.

In this episode, we cover:
What it feels like the day you sign the papers
Why tension is not the problem, but mismanaging it is
How to evaluate a business beyond the numbers
What first-time buyers underestimate about seller transitions
Why “boring” businesses can be the smartest move
What stability actually looks like in year one and year two

If you are thinking about buying a business, stepping out of corporate, or building a partnership that lasts, this one is for you.

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