Phase 05: Operate

By SearchFundMarket Editorial Team

Published June 15, 2025

Quick Wins in the First 90 Days Post-Acquisition

The first 90 days after acquiring a business present a unique window of opportunity. Employees, customers, and stakeholders are watching to see what kind of leader you'll be. Quick wins, visible improvements that deliver results fast, build credibility, energize the team, and create momentum for larger changes ahead. The key is choosing the right quick wins: high impact, low risk, and clearly beneficial to everyone.

What Makes a Good Quick Win?

  • Visible: Everyone can see the change and its impact
  • Fast: Can be implemented within days or weeks, not months
  • Low risk: Minimal disruption and low probability of failure
  • Team-positive: Makes employees' lives better, not harder
  • Revenue or cost impacting: Delivers measurable financial benefit

Financial Quick Wins

  • Price increases: Many owner-operated businesses haven't raised prices in years. A 3-5% increase across the board often encounters minimal customer pushback and drops straight to the bottom line.
  • Renegotiate vendor contracts: Insurance, telecom, supplies, and services often have room for 10-20% savings. Get competitive quotes immediately.
  • Collect overdue receivables: Many acquired businesses have lax collection practices. A focused 30-day collection effort can release significant working capital.
  • Eliminate owner add-backs: Personal expenses, excessive salaries for family members, unused subscriptions, clean up discretionary spend.
  • Cash flow forecasting: Implement a simple 13-week cash flow forecast. The clarity alone is transformative.

Operational Quick Wins

  • Fix the #1 employee complaint: Ask every employee what frustrates them most. Fix the top issue, whether it's a broken piece of equipment, a confusing process, or an outdated policy.
  • Upgrade basic technology: Replace failing computers, add a second monitor for desk workers, upgrade the WiFi, or fix the phone system. Small investments, massive impact on daily productivity.
  • Implement weekly team meetings: If there are no regular meetings, start a short weekly standup. If meetings are endless, make them 30 minutes with a fixed agenda.
  • Clean up the workspace: A fresh coat of paint, better lighting, or a thorough clean of neglected areas signals that you care about the environment.
  • Document the top 5 processes: Start building standard operating procedures for the most critical workflows.

Customer-Facing Quick Wins

  • Call your top 20 customers: Introduce yourself, ask what they value, and ask how you can improve. This alone generates loyalty and often surfaces revenue opportunities.
  • Improve response times: If the business is slow to return calls or emails, implement a same-day response policy.
  • Upgrade the website: Many acquired businesses have outdated websites. A refresh improves customer perception and can generate leads immediately.
  • Set up Google Business Profile: If the business doesn't have one (or it's outdated), fix it. Free visibility and credibility.
  • Implement customer feedback: Start collecting NPS scores or simple satisfaction surveys to establish a baseline.

People Quick Wins

  • Recognize good performers: Publicly acknowledge employees who are doing great work. Many never received recognition from the previous owner.
  • Fix compensation inequities: If benchmarking reveals employees are significantly underpaid, adjust immediately. Don't wait for the annual review cycle.
  • Improve benefits: Small benefits additions (dental, vision, additional PTO) can have outsized retention impact relative to cost.
  • Training opportunities: Send someone to a certification course or industry conference. It shows investment in their growth.

90-Day Quick Win Timeline

  1. Days 1-14: Listen, observe, and identify opportunities. Call top customers. Fix the #1 employee complaint.
  2. Days 15-30: Implement price increases. Start vendor renegotiations. Launch AR collection effort. Set up cash flow forecast.
  3. Days 31-60: Technology upgrades. Website refresh. Implement weekly meetings and basic KPI tracking.
  4. Days 61-90: Address compensation gaps. Begin SOP documentation. Share results of quick wins with the team.

Key Takeaways

  • Quick wins build credibility and momentum, start with high-impact, low-risk improvements
  • Price increases are often the single highest-ROI quick win in acquired businesses
  • Fixing the #1 employee complaint signals that you listen and care about the team
  • Customer calls in the first week generate loyalty and surface revenue opportunities
  • Share your quick wins openly, visible progress energizes everyone for larger changes ahead

Related Resources

Frequently asked questions

What is the single highest-ROI quick win in an acquired business?

Price increases are consistently the single highest-ROI quick win available to new owners. According to McKinsey’s research on post-acquisition value creation, a 3-5% across-the-board price increase drops straight to the bottom line and can improve profitability by 15-25% in a business with typical SME margins. Harvard Business Review data confirms that most owner-operated businesses have not raised prices in 2-5 years, creating a substantial gap between current pricing and market value. The key to successful price increases is framing them around value (“we are investing in improved service capabilities”), providing 60-90 days’ notice, delivering the news personally to top accounts, and implementing annual price escalation clauses (3-5% per year) in all new contracts to prevent the gap from reopening.

How do I prioritize which quick wins to tackle first?

The best quick wins are those that are high-impact, low-risk, and team-positive, meaning they make employees’ lives better, not harder. According to Stanford GSB research on search fund CEO strategies, the optimal sequence is: first, fix the number one employee complaint (days 1-14) to demonstrate that you listen and care; second, call your top 20 customers (days 1-14) to build loyalty and surface revenue opportunities; third, implement price increases and begin vendor renegotiations (days 15-30) for immediate financial impact; and fourth, upgrade basic technology and launch a cash flow forecast (days 31-60) for operational improvements. This sequence builds credibility with employees before tackling changes that might cause anxiety, and generates financial results that fund subsequent investments.

How quickly should I implement changes after acquiring a business?

The first 90 days represent a critical window of opportunity, but the balance between speed and thoughtfulness is essential. According to Harvard Business Review’s research on leadership transitions, the first 14 days should be primarily spent listening, observing, and identifying opportunities, making hasty changes before understanding the business is the most common mistake new owners make. Days 15-60 are the sweet spot for implementing quick wins that deliver visible results, and days 61-90 should address compensation gaps, begin documentation efforts, and share early results with the team. McKinsey’s post-acquisition research shows that CEOs who achieve 3-5 visible quick wins within the first 90 days build 40% more organizational trust than those who wait to implement thorough strategic plans, because visible progress energizes the team and creates momentum for larger changes ahead.

Sources

  • Harvard Business Review, The First 90 Days: Proven Strategies for Getting Up to Speed (2024)
  • Stanford GSB, Quick Win Strategies for Search Fund CEOs (2024)
  • McKinsey, Creating Value in the First 100 Days Post-Acquisition (2024)

Frequently Asked Questions

What is the highest-ROI quick win after acquiring a business?
Price increases are often the single highest-ROI quick win. Many owner-operated businesses haven't raised prices in years. A 3-5% increase typically encounters minimal customer pushback and drops straight to the bottom line.
When should I start making changes after an acquisition?
Spend days 1-14 listening, observing, and calling top customers. Start financial quick wins (price increases, vendor renegotiations, AR collection) in weeks 2-4. Technology and process improvements in months 2-3.

Sources & References

  1. Harvard Business Review - The First 90 Days: Proven Strategies for Getting Up to Speed (2024)
  2. Stanford GSB - Quick Win Strategies for Search Fund CEOs (2024)
  3. McKinsey - Creating Value in the First 100 Days Post-Acquisition (2024)
  4. McKinsey & Company - Creating Value Through M&A Integration (2023)
  5. IESE Business School - International Search Fund Study (2024)

Disclaimer

This article is educational content about search funds and Entrepreneurship Through Acquisition (ETA). It does not constitute financial, legal, tax, or investment advice. Always consult qualified professional advisors before making investment or acquisition decisions.

SF

SearchFundMarket Editorial Team

Our editorial team combines academic research from Stanford GSB, INSEAD, IESE, and HEC with practitioner insights to produce the most thorough ETA knowledge base in Europe.

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