Business Buying Strategies from The Dealmaker's Academy

In this week's episode of the Business Buying Strategies podcast, Jonathan continues his discussion with Dean, one of his remarkable mastermind clients. They look at the details of Dean's business acquisitions to date, exploring the deal structure, negotiation tactics, and the challenges faced post-purchase. Dean shares candid stories about transforming a tough acquisition into a thriving business, highlighting the importance of good mentorship, team dynamics, and strategic planning. Additionally, Dean opens up about past entrepreneurial challenges and the lessons he has applied to achieve his current success. This episode is packed with invaluable insights for anyone interested in buying and growing a business. Key moments 00:59 Meet Dean: The Mastermind Client 01:24 The Acquisition Story: Negotiation and Deal Structure 04:32 Challenges and First Day of Ownership 06:57 Transforming the Business: Systems and Automation 08:47 Cultural Clashes and Staff Integration 15:41 Lessons Learned and Business Philosophy 18:46 The Coffee Shop Failure: A Turning Point 23:05 Advice for Aspiring Business Buyers 26:21 Conclusion and Future Plans   ** 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.

In this episode of the Business Buying Strategies podcast, Jonathan interviews Dean, a Mastermind group member who shares his journey of growing his self-storage business through acquisitions. Dean discusses the benefits of buying established businesses, the importance of having a systemised approach, and the challenges he faced, including a failed acquisition. Dean also emphasises the value of mentoring and personal development in achieving business success and outlines his ambitious future goals for his self-storage empire.   Key moments   00:00 Introduction to the Podcast 01:29 Dean's Journey into Business Acquisition 03:17 The Self Storage Industry Insights 06:54 Challenges and Learnings in Business Acquisition 13:34 Future Plans and Strategies 17:27 Uncovering Hidden Costs in Business Deals 18:07 Negotiation and Agreement 18:59 Challenges of Managing Self Storage 19:42 The Importance of Due Diligence 22:22 Leveraging Expertise and Mentorship 25:22 Investing in Personal Development 29:09 Vision and Goals for Business Growth 31:48 Encouragement for Aspiring Entrepreneurs   ** 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.

In this episode of Business Buying Strategies, Jonathan Jay discusses the importance of proper education and mentorship in business acquisitions. He introduces the Mastermind 2025 program for serious business buyers and highlights upcoming events in Australia and the UK. Jonathan emphasises the value of combining online and face-to-face learning experiences and the importance of collaboration over competition in acquisition endeavours. He shares insights on avoiding common mistakes when buying a business, the importance of deal flow, and how to fund acquisitions without personal financial risks. Jonathan also explains the use of special purpose vehicles for liability protection and underscores the value of being part of a supportive mastermind community. Key moments 01:23 Upcoming Events and Opportunities 02:21 Introduction to This Week's Episode 03:21 The Importance of Practical Experience 04:36 Minimizing Mistakes in Business Acquisition 05:25 The Benefits of Proper Guidance 06:57 Online vs. Face-to-Face Training 08:05 The Value of Live Events and Networking 11:29 The Complete Business Buying System 14:02 Common Misconceptions in Business Buying 21:04 The Importance of Deal Flow 23:11 Protecting Yourself in 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.

In this episode of Business Buying Strategies, Jonathan talks with Jamil about what happened following his acquisition of a fire door and safety business with a revenue of 4.5 million. Jamil discusses the challenges faced immediately after the acquisition, including unexpected operational issues and restructuring tasks. He shares insights on implementing growth strategies, optimising operations through technology, and improving business processes. Jamil highlights the importance of focusing on people, processing, and technology to enhance business efficiency. As he continues his buy-and-build strategy in the fire safety sector, Jamil emphasises the potential for significant returns from this approach and shares his future plans, including further acquisitions and potentially collaborating with private equity for expanded growth. Key moments 02:21 Recap of Jamil's First Acquisition 02:46 Challenges and Discoveries Post-Acquisition 05:02 Implementing Growth Strategies 06:19 Operational Improvements and Staff Changes 14:06 Future Plans and Acquisitions 22:33 Advice for Aspiring Business Buyers 24:16 Conclusion and Final Thoughts   ** 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.

In this episode of Business Buying Strategies, Jamil shares his journey from a career as a paramedic to owning a $4.5 million revenue business without using his own money. He explains his decision to leave a lucrative corporate career to pursue business acquisitions, detailing his process of selecting and acquiring a business in the fire safety sector, which is recession-resistant and ripe for innovation. Jamil describes the negotiations and the structuring of the deal that involved retaining some equity for the sellers. He also discusses the importance of joining Mastermind for guidance and networking, ultimately emphasising the value of investing in self-education for successful business acquisitions. Key moments 01:03 Upcoming Events and Opportunities 02:10 Meet Jamil: A Successful Acquisition Story 03:00 Jamil's Background and Journey 09:30 Choosing the Right Business Sector 13:19 The Acquisition Process 22:58 Negotiating the Deal Structure 23:48 Justifying Personal Investment 24:58 Finalizing the Agreement 26:19 The Importance of Immediate Action 28:10 Reflecting on the Journey 29:01 Navigating Deal Changes 32:39 Securing Financing 37:41 Completion Day Challenges 39:27 Post-Completion Reflections 39:47 The Value of Mastermind   ** 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.

In this episode of Business Buying Strategies, Jonathan continues his discussion with Cara as she shares her experience of expanding her salon business from a few part-time staff to a seven-location enterprise. Cara discusses the challenges faced post-acquisition, including managing staff behaviour, implementing new management structures, and overcoming initial cash flow issues. She emphasises the importance of having a solid company structure, HR, and finance management to ensure smooth operations. Cara also highlights the benefits of rapid business growth through acquisitions, allowing her to reduce the financial stresses of organic growth. Finally, she encourages listeners to consider joining the Mastermind program, attributing her success partly to the structured guidance it offers. Key moments 01:03 Upcoming Events and Opportunities 01:44 Cara's Business Journey: Part 2 02:51 Post-Acquisition Challenges 04:51 Implementing Management and HR Solutions 07:02 Financial Management and Centralization 21:35 Balancing Personal and Professional Life 24:59 The Value of Mastermind Program 27:01 Final Thoughts and Future Plans   ** 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.

In this episode of Business Buying Strategies, Jonathan Jay talks with Cara, a successful student of his Mastermind program. Initially owning a single beauty salon with an annual revenue of £150,000, Cara expanded to seven salons with a revenue of £1.3 million in just over a year. Cara shares her journey of buying businesses without hefty initial investments, her strategy for growth, and the personal transformation she underwent through the process. The discussion highlights key insights into negotiating deals, leveraging marketing strategies, and navigating the challenges of business expansion. Cara emphasizes the significance of mindset, strategic planning, and the network benefits provided by the Mastermind group in achieving business success. Key moments 01:23 Upcoming Events and Opportunities 02:21 Introducing Cara's Success Story 02:41 Cara's Journey: From One Salon to Seven 04:56 The First Deal: No Money Down 10:05 Challenges and Growth in Business Acquisition 15:35 Transition to Delegation 16:16 Personal Growth and Leadership 18:55 Future Plans and Ambitions 19:40 Mindset and Overcoming Doubts 21:32 The Power of Networking 24:06 Evolving Deal-Making Skills 28:37 Facing Challenges and Staying Resilient 29:38 Final Thoughts and Encouragement   ** 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.

Explore the intricate world of post-acquisition hurdles. Cultural integration and logistical challenges take center stage as personal anecdotes reveal the struggles and triumphs of management. Discover the critical importance of cash flow management and streamlined banking solutions. Hear insights into aligning diverse corporate cultures and maintaining personnel trust. Strategies for growth and clarity in future business goals are discussed, highlighting the delicate balance between preserving individual identities and fostering team collaboration.

Dive into the fascinating world of digital marketing acquisitions! Steven shares his journey from running a software agency to successfully managing multiple creative agencies across borders. Learn negotiation tactics that emphasize understanding seller motivations and the intricacies of dealing with distressed companies. Discover the power of networking through mastermind groups and the importance of structured knowledge in navigating the complexities of business deals. Plus, get insights into balancing price and terms for successful acquisitions!

In this episode of the Business Buying Strategies Podcast, Jonathan and Ed discuss the advantages of using external financing for business acquisitions instead of personal funds, and why you should never risk personal assets.   They discuss strategies for using other people's money through diverse funding sources, challenging the broker narrative that necessitates being a cash buyer.   Rob from Canada shares his experience pivoting from British food shops to acquiring coffee shops, emphasising the importance of having a strategy and being confident in the buying process.   Jonathan also provides insights into choosing the right size and location for a first business acquisition, advocating for larger, locally-based businesses with established management structures.   Key moments 01:26 Why You Shouldn't Use Personal Finance for Business Acquisitions 04:30 Financing Business Acquisitions with Other People's Money 08:21 Refinancing and Restructuring Business Deals 10:49 Interview with Rob from Canada: Switching to Coffee Shops 23:00 Determining the Right Size for Your First Business Acquisition   ** 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.