Surviving a 2-Month Revenue Freeze in Year 1

at the allotted amount. So that was great. And again, it goes back to what I said earlier, you solve for certain things and you make those trade-offs and you see where you land. And we had a good relationship that we were able to agree on interest only.

And I'm able to make that, let's say, a year's worth of interest up front and just kind of mess around with cash flow as you see fit given the nature of the business.

In reality, you wear every hat just to get the deal done. And then the moment you close, you have to throw those deal-making skills out the window and learn how to operate. You shouldn't have to rebuild this infrastructure from scratch, and you definitely shouldn't do it alone.

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The lab puts everything under one roof, an active community, deal reviews, post-closed services, and a dedicated fund helping experienced operators buy larger businesses. If you're serious about buying a business, come see why lab members have a 40% success rate. Learn more in the show notes or at acquisitionlab.com slash acquiring minds.

Okay. You close at the end of August 2025. So here we are in early July, 2026. So as I said, you're approaching your first anniversary.

So talk to us a little bit more now about the working capital... what you did do, what you did structure with the seller, and then we'll play out the plot and what happened and what you might do differently.

Yeah, so what I, in the trade-off, series of trade-offs, I was able to structure a $15,000 working capital with the seller, and they made that available immediately. So we, funny story, we closed officially, paperwork signed August. 31st, but it wasn't fully funded because of the subsequent Labor Day weekend.

So the seller maintained ownership until the third. So all the services rendered between the first and the third... went to them. It was really mechanical.

We split everything that was data services on the third. We split that in half, right? So that's kind of where it went.

And these are trade-offs that you make. I think it's fair to say. So the seller, I think they made out pretty well in terms of just overall value that they retained.