About this episode
Watch the recording of our webinar on Financial Modeling a Self-Funded SBA Acquisition:
The cemetery services biz Philip Blackett bought in 2019 was finally squeezed to insolvency & shuttered 2 months ago.
Topics in Philip's interview:
- Searching locally due to having twins
- Buying a cemetery management business
- The downside of flat monthly billing
- Increasing expenses straining his bottom line
- Covid deaths affecting his customers
- Working a second job for a year
- Unforeseen weather challenges
- Taking high-interest loans to keep the business going
- Importance of a support system
- His decision to close the business
References and how to contact Philip:
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- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
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