You bought the business. Now what? Here’s a practical 100-day plan for stabilizing operations, learning the business and creating growth.
Closing day isn’t the finish line.
It’s Day One.
Days 1–30: Learn
Don’t immediately change everything.
Listen.
Meet employees.
Talk to customers.
Understand suppliers.
Learn the numbers.
Days 31–60: Stabilize
Fix obvious problems.
Establish reporting.
Make sure employees understand expectations.
Protect existing customers.
Days 61–90: Improve
Now start attacking the dents.
Improve marketing.
Fix inefficient processes.
Adjust pricing where appropriate.
Days 91–100: Grow
Once you understand the operation, start implementing your growth plan.
This is where your acquisition strategy matters.
Remember the principle from [Buy Where You’re Strong]: your biggest opportunity may be the weakness you are uniquely qualified to fix. Buy Where You’re Strong
Michael Shea represents the Tampa Florida Transworld office. In business since 2005, he has established a reputation as a trusted business broker across Florida’s key markets- from Tampa to Orlando, Melbourne, and more. Over the past two decades, Michael and his team have closed over $1 Billion in sold business volume and presided over more than 476 transactions. His credentials include the IBBA Certified Business Intermediary®, and most recently, the prestigious Certified Exit Planning Advisor® (CEPA) credential. He is also a Florida Licensed Real Estate Broker and Business Brokers of Florida Board Certified Intermediary . Shea is a member of the VRMA and a recognized expert in property management and vacation rental management business sales