In podcast #20, you’ll hear:
- Jonathan Jay, the founder of The Dealmaker’s Academy, revealing how to flip the business you’ve acquired and fixed
- Mark Supperstone, Director of the Resolve Group, explaining how to minimise your risks in business acquisitions
- A corporate lawyer discussing the importance of shareholder agreements and your options when you fall out with your partners
Listen to find out:
- How to avoid the mistakes most business owners make when selling their businesses
- How the Rule of Six protects you from financial disappointment
- Why you need to be creative when flipping a business
- Why needing to sell a business puts you in a weak negotiating position
- Why you need to be aware of consolidation trends in your business sector
- Why you should carry out due diligence on prospective buyers
- How Jonathan Jay designed the terms of one deferred consideration to protect his future income
- How buying distressed assets and selling them on can deliver massive ROI
- Why your initial upfront payment is critical to your dealmaking success
- Why you should take a debenture over a company with a charge over any assets
- The businesses turnaround expert Mark Supperstone and his partners steer clear of
- The critical element Mark and his partners rely on before buying a distressed business
- The biggest lesson Mark and his partners learnt from buying distressed businesses
- Why thinking like an investor rather than an operator is so crucial to your success
- How Mark and his partners became 50% owners in a £10 million turnover business in less than a week
- Why a lawyer will urge you to get more than 50% share of a company
- How to get a partner to agree to give you the larger share of the company
- How to structure a shareholders’ agreement, so you reserve unanimous voting rights in certain areas
- Your last resort if you and your partner can agree on nothing, but one of you wants to exit
- How to avoid compulsory purchase by including exit provisions in your shareholders’ agreement
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Visit us online at www.thedealmakersacademy.com
Episodes of Business Buying Strategies are available on iTunes, Spotify, Google Play, Stitcher and Breaker.
Disclaimer: Nothing in this podcast should be construed as legal, financial, tax or business advice. The information is for entertainment only and you should always engage suitably qualified professional advisors. Jonathan Jay, the guest presenters and The Dealmaker's Academy Ltd do not take any responsibility for your actions and decisions as a result of this podcast.