The SMART way to buy a business (using its own cash)
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- Опубліковано 26 сер 2024
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JMW
John Andrews
03452 412494
johnandrews.deallawyer@jmw.co.uk
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What is the riskiest way to buy a business?
By using your own cash.
Despite what many people believe, you do not need any capital to buy your first - or next - business.
Many of my Mastermind clients have told me that they delayed buying a business because they believed they needed money to get started
Do not make the same mistake.
You do not need any capital to buy your first - or next - business.
A better way is to structure deals so the profits of the company fund its own acquisition.
In this video, I explain exactly how to structure a business acquisition so you can buy a business using the company’s own cash. Discover how to buy a business, where you will learn:
- Why most potential dealmakers have an outdated view of buying a business
- How to buy a business today and pay for it later (using the profits of the business)
- Why doing just one deal can change your life (without any more acquisitions)
- Why relying on traditional bank lending to fund an acquisition is a mistake (this leaves you exposed to more risk)
- How to work less for more by buying larger businesses (owner-operated businesses are harder work)
#businessgrowth #businessacquisition #buyingabusiness
Get my business buying toolkit, completely free - bit.ly/3yLaCg4
‘Please, Sir. What’s a bank manager?’ The bank in my town used to have 3 branches. Now there is only one, and that has been closed for 4 weeks for ‘maintenance’. Soon all high street banks will be gone.
Am in uni and want to start a business after. How likely is it to start buying from the zero in my life.
You need capital to buy the business. Don't get excited about things you can't do
I'm sorry but that's 100% not true. It couldn't be further from the truth!
Sounds like I could well do with some advice in trying to buy a property I’ve found with a business attached to it
I tried this some months ago.
Fast forward today -I'm at the business' office.
amazing - well done - let us know if you need any support