Are you looking to buy your first business this year and want to know how to do it without risk using a proven system? Or have you already bought a business and want to know what to do next or want to acquire more businesses? If so, there are still a few places available on today’s scheduled webinars. Here are the times and links: 10am London time - Mastermind webinar Register here: https://lnkd.in/eGuRbpdb If you want training and support to acquire your first business, this is the webinar to join. I walk exactly what you get when you become part of our business acquisition Mastermind. I also show you how dealmakers who had never even thought about buying a business 12 months ago have acquired great businesses with no money down and transformed their lives. 12noon London time - Inner Circle webinar Register here: https://lnkd.in/e3VSMPgQ The second webinar of the day at 12noon (London time) is for Inner Circle, our global network of experienced business buyers. This is for you if you have bought at least one business and want to be “in the room” with experienced dealmakers. Numbers are strictly limited, so please book one of the remaining spaces now on the links in the comments. #businessbuying #mergersandacquisitions #business
Jonathan Jay’s Post
More Relevant Posts
-
Once you buy one, it’s hard to stop. At Business Buyers UK, we know that first-time buyers often become serial acquirers, finding new opportunities with each success. But for those new to the process, buying a business can feel daunting and complicated. For those with experience, what advice would you share with first-time buyers? And if you’re considering your first acquisition, what’s holding you back? Let us know in the comments... #UKBusiness #BusinessForSale #UKInvestors #BusinessAcquisitions #BusinessOpportunities #UKInvesting #BusinessBroker #InvestmentOpportunities
To view or add a comment, sign in
-
Day 5, and we’re diving into negotiation—an essential skill in business acquisitions. To get the best price, you need to build a strong case for why you’re offering what you are. Step 1: Start by sending a Letter of Intent (LOI) to the seller. An LOI expresses your intent to buy the business at a specific price within a set timeframe. Step 2: Request a negotiation meeting with the seller and support your bid with financial data. If there are areas where the business isn’t performing well, like declining customer retention or outdated equipment, make sure to highlight those. Pro tip: Frame your offer as beneficial for the seller. Show them the advantages of making a quick sale or exiting a low-growth industry. And always be ready to walk away—sellers can sense when you’re too eager, which could lead to a higher price. Use BizFile to pull data that supports your argument. But getting the business at your desired price doesn’t mean you’re ready to sign just yet. Remember, the LOI sets a date by which the transaction should be completed. Tomorrow, we’ll discuss how to make the most of that time. Stay tuned! #MillionDollarBusiness #30DaysToSuccess #BusinessNegotiation #LetterOfIntent #StartupAcquisition #SmartInvesting #NegotiationSkills #EntrepreneurJourney #SingaporeBusiness #BizFileData
To view or add a comment, sign in
-
I've been talking to a prospect who has walked away from two deals to sell his business in the last few years but now he's in trouble. His business was caught out by the pandemic - it is in large-scale renovation projects - and they just about came to a halt. Now he has family health problems and is struggling to rebuild the business with one eye on problems at home and the other on the business. It's clear from our conversations that he has never had a structure in place that didn't rely on him. Perhaps that's why the deals were not completed. He wasn't ready and the business was not structured to sell. I've seen the problem many times with small businesses but this one was dealing with multi-million dollar projects for lots of blue-chip clients. ******************* 🚀 Want expert insights on buying & selling businesses? Help to get ready for sale? 🚀 I'm your go-to advisor! 💼 Dive into my posts for actionable tips. Let's connect & elevate your business game together! 🌟 #BusinessAdvisor #Prep for sale #BizTips #Acquisitions I can't emphasise enough how important is preparation for sale. Don't get caught out, put the structure in place now.
To view or add a comment, sign in
-
"𝗪𝗮𝗻𝘁 𝘁𝗼 𝗦𝗲𝗹𝗹 𝗬𝗼𝘂𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀? 𝗦𝘁𝗼𝗽 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝗻𝗴, 𝗦𝘁𝗮𝗿𝘁 𝗖𝗼𝗻𝘀𝗼𝗹𝗶𝗱𝗮𝘁𝗶𝗻𝗴" The uncomfortable truth about selling your business? If you're waiting for the perfect buyer to show up, you might be waiting forever. 𝗛𝗲𝗿𝗲'𝘀 𝘄𝗵𝘆: In the UK, a staggering 80% of businesses put up for sale never find a buyer. That's not a typo - 80%. But here's the real kicker: While you're perfecting your pitch deck and tidying up those management accounts, there's a smarter play you might be missing. 𝗦𝘁𝗼𝗽 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝗻𝗴. 𝗦𝘁𝗮𝗿𝘁 𝗰𝗼𝗻𝘀𝗼𝗹𝗶𝗱𝗮𝘁𝗶𝗻𝗴. Think about it. Markets naturally want to consolidate - it's like water flowing downhill. Fighting this trend is like trying to swim upstream wearing a tweed suit. Possible? Yes. Sensible? Well... Here's the strategic pivot that clever business owners are making: 🔸 Instead of viewing competitors as enemies, see them as potential allies 🔸 Rather than competing for the same pie, work on making the pie bigger 🔸 Instead of waiting for a buyer, become a buyer yourself "But I want to sell, not buy!" I hear you say. 𝗛𝗲𝗿𝗲'𝘀 𝘄𝗵𝗲𝗿𝗲 𝗶𝘁 𝗴𝗲𝘁𝘀 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗶𝗻𝗴. 𝗕𝘆 𝗯𝗲𝗰𝗼𝗺𝗶𝗻𝗴 𝗮𝗻 𝗮𝗰𝗾𝘂𝗶𝗿𝗲𝗿 𝗳𝗶𝗿𝘀𝘁: - You learn the acquisition process from the buyer's side (this is GOLD when it's your turn to sell) - You create a more valuable entity that's actually worth buying - You gain practical experience in due diligence, deal structuring, and integration For example, a Yorkshire-based IT services provider who tried to sell for two years without success. Their pivot? They acquired two smaller competitors, doubled their revenue, achieved economies of scale, and suddenly found themselves fielding calls from interested buyers. The lesson? Sometimes the best way to prepare for an exit is to first do some entering. And yes, this requires setting aside some ego. That same ego that helped you build your business might now be standing in the way of your exit. Remember: Markets consolidate. It's not a question of if, but when. And whether you'll be holding the cards when it happens. #BusinessStrategy #MergersAndAcquisitions #BusinessExit #UKBusiness
To view or add a comment, sign in
-
Level up your business game! 🏆✨ Grab "The Ultimate Guide to Successful Business Acquisition" and unlock the secrets to your next big win. Ready to conquer the business world? Click here for details or to buy: https://lnkd.in/gMBeNsgh 📈🚀 #EntrepreneurLife #BusinessSuccess
To view or add a comment, sign in
-
Level up your business game! 🏆✨ Grab "The Ultimate Guide to Successful Business Acquisition" and unlock the secrets to your next big win. Ready to conquer the business world? Click here for details or to buy: https://lnkd.in/gyUUKNGM 📈🚀 #EntrepreneurLife #BusinessSuccess
To view or add a comment, sign in
-
When should you start preparing your business for a sale? Jim Canfield quotes an old adage, “When is the best time to plant a tree? The best time was probably five years ago. The next best time is today.” In this clip from Class VI’s Q4 Insights Call, Jim and Jeff Puckette discuss the importance of long-term transaction preparation. The truth is, you never know when a letter of intent will come your way. On average businesses need 1 – 3 years to get ready for a sale—and many critical preparations can’t happen overnight. Watch the full recording and explore more insights from our Q4 call here: https://lnkd.in/eZXS3YNb #MergersAndAquisitions #ClassVI #Business #BusinessStrategy https://lnkd.in/em-Ehk-y
To view or add a comment, sign in
-
I talk all the time about the business I’m buying, but what about the deals that don’t work out? 🤔 We’ve bought 6 businesses in the last 12 months For each business we’ve bought We’ve looked at atleast 50 deals, sent 10 LOIs and conducted due diligence on a business at least 3 times This is a lot of deals Comes out to hundreds of deals reviewed over the past year We’ve had more failed deals than I can’t count This has happened for a variety of reasons I can’t pretend it’s never my fault Sometimes I overvalue the business, over look something or relationships breakdown Howveee, most often it is something from the sellers side Usually to do with not realising certain numbers, or exaggerating revenue Whatever it is It always comes up in due diligence I love due diligence It’s a life saver Crucial for the deal making process It’s where we put an X-ray to the business and under what’s inside it and if all the details are legit Deal making is so fun Looking at deals is really what made me fall in love with businesses Maybe you should try it out too #buyabusiness #acquisition #privateequity #fail #lesson #duediligence
To view or add a comment, sign in
-
There is still time to join my Buying Businesses For Beginners Zoom session today at 10am London time. On the webinar, I reveal why 2024 is a once-in-a-generation opportunity to buy profitable existing businesses for no money down. With Baby Boomer business owners looking to retire and sell, a flood of great business buying opportunities are heading your way… … but are you ready to take advantage? Book your place now to discover the size of the 2024 opportunity, why you need to act now and how to find the best off-market deals. There is still time to join, but spaces are limited. Register here: https://lnkd.in/e9GUKKA7 #businessbuying #mergersandacquisitions #investor #business
To view or add a comment, sign in
-
I've acquired 6 businesses that pay me $725k/year. Here are my 5 best tips when it comes to business acquisition: 1. Personalize your outreach 2. Show some understanding 3. Offer to keep them involved 4. Build a deep relationship 5. Ask about the culture If you want to learn more about how you can acquire your own business portfolio... Follow me → Ben Kelly
To view or add a comment, sign in