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Ep 11: Peter Lidgitt - Finding Value In Distressed Acquisitions

Buy and Build

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How to Buy a Business From a Liquidator

I bought a weed killing business nationwide using trucks with two quad bikes in with tanks and trackers service industry working for county councils ordinary council right the way from Exeter to Portsmouth Southampton, Basingstow, Peterborough. When you're buying from a liquidator or an administrator you get good deals but also get problems. You've got to be aware of the chupid implications when you take a business because you're buying the staff as well. I choose different ways of banking some businesses I factor and some businesses I don't factor I invoice discount  and use a bank that provides me with money when I sell the invoices so typically if I sell an invoice I sell 100 pounds

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