James Sinclair's Business Broadcast cover image

Managing Director is HUNGRY to Grow the Businesses, but how?

James Sinclair's Business Broadcast

00:00

How to Get an Acquisition Over the Line

I think one of my biggest challenges is not knowing how to access the finance to get an acquisition over the line. You use vendor finance. You give them a small deposit and you pay them out profits over a period of time. Why would they do that? Because it's very tax efficient for them. And also closing a business down is very impossible. It costs a lot. If you go to close a business down with 13 staff, you've got to make them all redundant if they've been there a long time. So better that you come along and say, right, okay, we'll pay you 300 grand a year for the next three years. But at the end, we own

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app