If you enjoyed this video and would like to take the next step to learn the best ways of buying a business, without risking your own cash, you can access my free training at bit.ly/4athsF8 Thank you!
Great information,thank you At what point would you recommend doing a asset and liability search on the company you want to buy to make sure that there are no liens or unpaid debt for equipment or loans etc.. what type of attorney would you recommend or would you recommend a attorney to structure the deal, or do you already have a attorney who has written up certain types of contracts that addresses those things that I just asked about thank you for your help and answer I learned a lot
Hi Jonathan, Is there a way to buy a business that owns a property like on deal no.3 in this video. But you retain the property and business without using your own money to buy the business and property? Great videos aswell, very informative.
Hi Jonathan, was on your course last week. Quick question, how do you find if a business is in profit online or do you just write to hundreds of businesses in your sector then ask when they contact you?
Jonathan, when you buy a company using its assets for the “skin in the game portion” for the bank. (For example) Is it best practice to tell the seller you will leverage his assets to buy his company? Or is this something we can just do and if they don’t ask, they didn’t ask.
@@theDealmakers Thanks for the reply. The finance company that lends you against the assets? They don't need to your personal financial score etc? Jon, where can I find your letter to businesses? I've ordered your book and sent you a message on linkedin. Could we please chat there? Thanks so much. Chris
If you enjoyed this video and would like to take the next step to learn the best ways of buying a business, without risking your own cash, you can access my free training at bit.ly/4athsF8
Thank you!
Learning a little more with every video, thank you Jonathan,.....cannot wait t9 start the Mastermind course.!
Revision time, thank you Jonathan
I am really learning a lot.👍👍
Excellent
Great video, I’m heavily considering buying your course Jonathan!
Thanks !
Great information,thank you
At what point would you recommend doing a asset and liability search on the company you want to buy to make sure that there are no liens or unpaid debt for equipment or loans etc.. what type of attorney would you recommend or would you recommend a attorney to structure the deal, or do you already have a attorney who has written up certain types of contracts that addresses those things that I just asked about thank you for your help and answer I learned a lot
That's all part of the due diligence phase - it's you have structure the deal with the seller - the contracts start off as pretty standard
@@theDealmakers okay great and thank you. What type of a attorney should I hire in the due diligence process?
@@luigipascucci6760 One who has experience in business acquisition
Hi Jonathan,
Is there a way to buy a business that owns a property like on deal no.3 in this video. But you retain the property and business without using your own money to buy the business and property?
Great videos aswell, very informative.
Yes, absolutely, if the company owns the property
Hi Jonathan, do you have any recommended programs for US residents? I noticed your program, contracts, etc. is UK focused
This is very much an international programme - the principles of acquisition are the same everywhere
1. Leveraged buy-out.
2. Buy a company full of debt.
3. Mafia pressure to sell in return for ‘protection’.
Great advice. Will this work to buy a football club?
Yes, it's possible. Chelsea football club was once sold for £1!
Hi Jonathan, what are your thoughts on Dan Pena QLA?
All I know is that he shouts and swears a lot!
Hi Jonathan, was on your course last week. Quick question, how do you find if a business is in profit online or do you just write to hundreds of businesses in your sector then ask when they contact you?
Just look at their accounts - you'll see a snapshot of the past, but its a starting point
Jonathan, when you buy a company using its assets for the “skin in the game portion” for the bank. (For example)
Is it best practice to tell the seller you will leverage his assets to buy his company? Or is this something we can just do and if they don’t ask, they didn’t ask.
How you finance a deal is up to you, not up to the seller
@@theDealmakers Thanks Jonathan! I’ve been wondering about this. Thx for the great content as well.
Do you need good credit for this?
your credit score isn't relevant as you aren't borrowing anything
@@theDealmakers Thanks for the reply. The finance company that lends you against the assets? They don't need to your personal financial score etc? Jon, where can I find your letter to businesses? I've ordered your book and sent you a message on linkedin. Could we please chat there? Thanks so much. Chris
@@harper07harper The lender uses the assets as collateral so your credit score isn't so relevant. I'm launching a new Zoom training in January
Great. Where can I sign up?