#105- Week 1 of Jack's Plumbing Business Acquisition

Owned and Operated - A Plumbing, Electrical, and HVAC Growth Podcast

Expanding a business can be both exciting and challenging, with new opportunities and complexities to consider. In this episode, John and Jack explored the nuances of blending two businesses together and the key strategies involved in managing the transition effectively.
Jack also discusses his recent plumbing business acquisition, detailing his initial successes and challenges within just one week. They explore the complexities of integrating purchase order systems and optimizing QuickBooks to manage income and expenses efficiently as Jack introduces new departments. Furthermore, they tackle the practical strategies for overseeing departmental finances, stressing the importance of simplicity in bookkeeping and operations.
Episode Hosts:

• John Wilson: @WilsonCompanies
• Jack Carr: @thehvacjack

Special thanks to our sponsor: Service Scalers: Looking to scale your home service business? Service Scalers is a digital marketing agency that drives success in PPC and LSA. Discover more growth strategies by visiting Service Scalers.
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Luvut

1. Handling Postcard Delivery Delays (00:00:00)

2. Excitement Over Plumbing Sales (00:02:13)

3. The Impact of TikTok's Potential Ban on Business (00:04:45)

4. Jack’s Real-Life Recognition (00:05:57)

5. Business Finances and Operations Post-Acquisition (00:07:13)

6. Integration of Business Units in QuickBooks (00:08:59)

7. Managing Bank Accounts (00:12:39)

8. Purchase Order Systems and Expense Management (00:16:10)

9. Warehouse Management and Operational Efficiency (00:20:54)