Financial Success Through Business Acquisition

This week, join me at the Gherkin for a talk I gave recently to sixty business owners keen to discover how to buy a business successfully.

I discuss my strategies for buying businesses including looking for profitable ones that can run without me and deploying creative deal structures to avoid using personal funds.

Hear me emphasising the importance of due diligence, winning over the staff during integration, and checking a business's recurring revenue. Sharing invaluable advice from personal experiences and clarifying misconceptions about sectors and business brokers, listen to how I always try to engage the previous owner post-purchase to ensure a smooth transition. Towards the end of the episode I explain how I help people to buy businesses and how these current uncertain economic times are ideal for M&A.

00:43 Jonathan Jay's Journey into Business Buying and Selling
00:51 The Accidental Start of a Business Buying Journey
01:02 The Highs and Lows of Running a Business
01:22 The Unexpected Profit from Selling a Business
01:51 The Strategy of Buying and Selling Businesses
02:14 The Challenges of Running a Business
02:27 The Story of Buying a Competitor's Business
04:13 The Importance of a Good Deal Team
04:29 The Strategy of Combining and Selling Businesses
04:47 The Life-Changing Impact of a Successful Business Deal
05:16 Key Factors to Consider When Acquiring a Business
05:50 The Benefits of Buying a Business Similar to Yours
06:38 The Importance of a Business That Can Run Without You
07:06 The Strategy of Buying Businesses Without Using Your Own Money
07:34 Examples of Buying Businesses with Other People's Money
09:50 The Importance of Having a Good Lawyer for Business Deals
10:29 Advice for People Looking to Enter the Business Buying Market
19:16 The Importance of Due Diligence in Business Buying
30:54 The Strategy of Keeping the Previous Owner On Side
33:30 How Jonathan Helps Businesses to Buy Businesses

Resources

Buying a business is only the start, which is why we are now teaching what happens next on the Mastermind program. Now, if you've already bought a business, you should be part of my Inner Circle group where we discuss raising capital, integration management, and exiting. Email Maria on hello@thedealmakersacademy.com for more information. 

If you are looking for a lawyer in the UK to help you get the deal over the line, then use my own lawyer, John Andrews. You can phone his office at (0345) 2412494 or email him at johnandrews.deallawyer@jmw.co.uk.

If you would like to take the next step to learn the best ways of buying a business, without risking your own cash, you can access my free training at:
www.dealmakerspodcast.co.uk

Watch my Webinar Training Video:
https://www.dealmakerspodcast.co.uk

You can also request a free copy of my book at:
https://www.thedealmakersacademy.com/free-book-giveaway/

If you want to jump straight to my live Zoom FastTrack course, please go to:
https://www.thedealmakersacademy.com/fast 

Connect with Jonathan Jay at:
Website: https://www.thedealmakersacademy.com/
LinkedIn: https://www.linkedin.com/in/jonathan-jay-3556b230/
YouTube: https://www.youtube.com/c/TheDealmakersAcademy