Cashing Out of the Oil Business
Terry Lammers took over the family oil wholesaling business in 1991. By 2010, Tri-County Petroleum was selling $42 million worth of gas and oil, when Lammers decided it was time to cash in.
In this episode, you’ll learn:
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The definition of a bankable deal
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How to use acquisitions to fuel your growth
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The value of creating a brand instead of reselling
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The danger of a negative cash flow cycle
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The time-bomb that maybe lurking in your leasing agreements