Business Buying Strategies from The Dealmaker's Academy
Business:Entrepreneurship
Deal structures for buying a business with John Andrews
In this week’s episode, Jonathan's lawyer, John Andrews, discusses deal structures when buying a business at a recent networking event in Manchester.
Andrews delves into the basics of understanding the legalities of buying a business. He discusses the importance of having a skilled M&A lawyer and outlines different ways of structuring a deal, including asset purchases, share purchases, warranties and indemnities. Andrews highlights the significance of properly drafted heads of terms and thorough due diligence. He asserts that these careful preparations help prevent costly issues later in the process and enable a successful acquisition.
Key moments
00:42 Launching a Business Networking Event
01:11 Understanding the Legalities of Buying a Business
01:27 Introduction to John Andrews
02:37 The Importance of a Good M&A Lawyer
02:49 The Role of a Commercial Lawyer
04:19 Structuring Your Business for Acquisition
08:33 The Importance of Shareholders Agreement
10:25 Choosing Between Share Purchase and Asset Purchase
15:42 Understanding Warranties and Indemnities
17:19 The Importance of Due Diligence
18:30 Structuring Deals for Success
25:26 Conclusion and Final Thoughts
** Looking for a great acquisition lawyer in the UK? Use mine! **
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.
Ready to get started?
Here’s how you can start your business buying journey…
Watch my FREE Dealmakers webinar training:
https://www.dealmakerspodcast.com
Get a FREE copy of my book:
https://www.thedealmakersacademy.com/free-book-giveaway
Join the Business Acquisition FastTrack course
https://www.thedealmakersacademy.com/quick
Already bought a business?
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.
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