
Managing Director is HUNGRY to Grow the Businesses, but how?
James Sinclair's Business Broadcast
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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
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