Register for the webinars: Thu Sept 12 - How Big a Business Should You Buy? - https://bit.ly/3XmtR8v Thu Sept 19 - Due Diligence Office Hours - https://bit.ly/4ghprZb Fri Sept 20 - How Much to Budget for a Self-Funded Search - https://bit.ly/4e1QjeqAcquiring a $2.5m pallet manufacturer was Michael Kelker's first step to building a legacy business for his family. Topics in Michael’s interview: Self-funded vs. traditional vs. independent sponsorshipCarrying on his family legacy in manufacturingHis goal of having control over his workAcquiring a custom pallet manufacturerGetting the deal done during CovidChallenges with the appraisalNavigating the lumber price surgeHiring a banker as CFOLearning from his employees and customersOptimism despite pallet industry downturnReferences and how to contact Michael: [email protected] RiverdaleGet $200 off your ticket to the M&A Launchpad Conference in Chicago on October 26th: https://www.malaunchpad.com & enter code ACQUIRINGMINDSGet a free review of your books & financial ops from System Six (a $500 value): Book a call with Tim or email [email protected] and mention Acquiring MindsWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses: Matthias Smith of Pioneer Capital AdvisoryConnect with Acquiring Minds: See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter