Mastering Business Acquisitions: Due Diligence and Strategic Insights

In this episode of the Business Buying Strategies podcast Jonathan delves into the crucial aspect of due diligence when buying a business. He introduces the three main types of due diligence: financial, legal, and commercial, and provides practical advice on what documents to examine for a comprehensive understanding of the target acquisition. 

 

The episode also features Ian, an experienced deal maker, who shares his journey from redundancy to starting and acquiring businesses. He and Jonathan discuss the distinctions between buying small and large businesses and the benefits of aiming for larger acquisitions from the get-go.

 

Learn valuable insights on mitigating risks, understanding financial records, and the importance of taking decisive action. 

 

Key moments

 

01:03 Understanding Due Diligence

02:38 Financial Due Diligence Explained

09:07 Legal Due Diligence Insights

11:43 Commercial Due Diligence Overview

13:55 Meet Ian: A Deal Maker's Journey

25:27 Big vs Small Business Acquisitions

 

** 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…

Download our free Business Buying Toolkit
https://dealmakers.co.uk/business-buying-toolkit

Join our Business Acquisition FastTrack programme
https://www.dealmakers.co.uk/fast

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.