Hey all. Mike Christian, based in Marlow, Buckinghamshire. I buy, build, and fix SME businesses. Currently active through Prospera Capital Partners, a buy-and-build vehicle targeting boring, cash-generative SMEs: predominantly property services (soft & hard FM) and letting agencies, though we look at anything with recurring revenue, clean accounts, and a motivated owner. I'm also a Fractional Fixer (https://fractionalfixer.vip/) through my advisory, nReal. When I'm not buying businesses, I'm usually inside someone else's, stabilising the numbers before they go to market or fall over. That gives me a slightly different lens on deals. I've seen the inside of enough founder-led businesses to know where the bodies are usually buried. Happy to contribute properly here: share what I've learned, call things out when I see bad practice, and be useful rather than just take up space. I've put two free resources in the Gumroad library that might be useful to people in this room: 1) The Fixer Cheat Sheet: five reasons founder-led businesses hit a ceiling, and what each one actually means. Useful before you buy and useful after. nrealco.gumroad.com/l/gelikk 2) The Cash Flow Stabilisation Blueprint: an HTML dashboard with seven levers in sequence to break the boom-bust cash cycle in any owner-managed business. Relevant from day one of any acquisition. nrealco.gumroad.com/l/ofcdyu Both free. No catch. Looking forward to being in the room. Mike