Don't buy a fabrications business 3hr from where you live...

by a searcher from University of Calgary - Haskayne School of Business

6 months ago

I have received advice not to buy a company 3hrs drive away from where I live. I did agree with their arguments of why. However, over the past three months, I have been challenging that advice. I think it is possible to be successful in running a fabrication business remotely and being at the office/facility a few days per week. 

ASK: I'd value speaking with anyone who has first-hand experience in this scenario. Or if anyone can point me towards a post/ content that speaks to these questions from a first-hand experience. 

Thanks

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3 comments

searcher from Concordia University

I cut it to two hours max! Unless the target is large / profitable enough to put an upper management / GM in place, you need to be at the office almost everyday. You face different issues coming up daily from dawn till dusk, and manufacturing day-to-day activities, from bottom to top, can not be run remotely except some support functions.

6 months ago | like reply | 0 likes

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