January 11, 2024

Take Five #088: How to structure a Contingent Purchase Price offer, and more

Take Five #088: How to structure a Contingent Purchase Price offer, and more

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Take Five #088: How to structure a Contingent Purchase Price offer, and more

1. Lender answers buyer’s questions on how to put together $4M deal

2. The Retention Method: 4 ways to create repeat customers

3. Cultivating a cashflow culture in business

The topic for this season has been ‘how to build a culture of cashflow obsession in your business.’

Herb Kelleher said:

“Culture is what people do when no-one is looking.”

The Herb

To change how people behave ‘behind closed doors’ is hard. Possibly the hardest thing in leadership. There is a library of textbooks on the topic of culture.

It takes years. But culture change happens when you combine strong leadership with a million small moves in the right direction.

The first seven issues of this season, give guidance on what those small moves will be. This post is about how to demonstrate the strong leadership that is needed to forge those disciplines into culture.

And to make sure people care for the businesses cashflow, even ‘when no-one is looking.’

Here are the five things you must do to drive a cash culture through your business.

Find the rest of the CFO Secrets post here.

4. How to structure a Contingent Purchase Price offer

5. SMB Acquisition Story: Retired Marine buys HVAC business in East Tennessee

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.