March 13, 2024

Take Five #097: 10 Cash KPIs defined + formulas, and more

Take Five #097: 10 Cash KPIs defined + formulas, and more

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Take Five #097: 10 Cash KPIs defined + formulas, and more

1. Acquiring Minds Interview: “Unlocking Growth in a Business, Average Age 55”

Well this story is a perfect example of how you gotta look beyond the headline numbers when it comes to business stories.

While they are fired up for the next chapter, Steve & Danny were in fact frustrated slow growth after they bought the business.

And that second acquisition? Well, it was as much about survival as growth.

So this interview is catching two entrepreneurs right as they graduate — hopefully — from slog to sprint.

And they make a profound point about doing a traditional search fund, which is the path they chose.

Everyone wants growth in their business. That is universal.

But if you're going to do a traditional search fund, there is a growth mandate.

Listen to the Acquiring Minds interview here.

2. Boring business of the week: Kitchen hood cleaning

3. 10 Cash KPIs defined + formulas

4. SMB growth strategy from a serial acquirer

5. How to use a line of credit with a “sweep” function to earn interest on operational funds

Loved what you read? Subscribe to Take Five to get our top quick reads every week from the team at Kumo. Kumo aggregates thousands of sources into one easy-to-use platform so that you can spend less time sourcing, and more time closing deals.