How to Make Your Business Acquisition a Success - with Jonathan Jay 2023
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- Опубліковано 29 січ 2023
- Your free training on how to buy a business without cash is here: bit.ly/3vvNBNc
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Are you interested in buying a business or developing a business acquisition strategy? In this UA-cam video, Jonathan Jay interviews Alexis Kingsbury, a serial entrepreneur and the founder of AirManual.
Alexis shares his expertise on the importance of processes when acquiring a business. He explains that having well-documented processes in a business helps potential buyers know what they're buying and be confident there will be future cash flow in the business. Processes reduce risk and improve the chances of success.
Alexis also highlights the need to have a process manual in place to help with staff rationalisation and cost savings. He draws from his experience as a management consultant to Honda, AstraZeneca, and government organisations to highlight the importance of mapping and improving processes.
Alexis Kingsbury shares his experience of starting a consultancy and building a software business with a co-founder. He shares insights on how most business owners have tried to delegate their processes, but often end up with a load of unused documents that go out of date.
Jonathan Jay and Alexis Kingsbury discuss the benefits of having documented processes in place that allow the owner to disappear and the business to continue running smoothly. They also highlight the common trap of business owners feeling like they might as well do everything themselves.
Alexis shares valuable insights on how to implement inquiry management and sales strategies in your business to improve the conversation flow with potential clients. He emphasises the importance of having a benchmark and standardisation in your sales process to continuously improve your business.
If you're looking to acquire a business or improve your sales process, this interview is a must-watch.
Learn how to purchase a business, implement acquisition strategy, and grow your business to the next level.
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/3vvNBNc
Thank you!
As a buyer who is in the middle of due diligence on my first ever acquisition this video has provided me with the some of the most actionable advise I have received. Well done!!
Love this content and will definitely join once this current project ends.
I love this plan but question - when you say to complete this before the close of acquisition - assume the Heads are totally agreed before spending on this.?