How long does it take to buy a business?

Welcome to the latest issue of Deal Secrets, where we share our best advice on buying businesses for no risk and no money down.

In this week’s issue, we look at how long it takes to buy a business, how to take control of the dealmaking process and how business investor James Caan structures his deals to manage risk.

Ready to start your business buying journey? Get our free Business Buying Toolkit (worth ￡2,000+)

Discover how to buy a business without using any of your own money with our Business Buying Toolkit, packed with free training, resources, tools and checklists. To get your toolkit, click the link below:

https://dealmakers.co.uk/business-buying-toolkit

Business buying advice

[Listen ] James Caan’s strategies for buying, selling and managing risk

In this episode of the Business Buying Strategies podcast, Jonathan talks with leading entrepreneur and former Dragon’s Den investor James Caan. James shares his 'Buy and Build' strategies for achieving scale, the importance of not taking on too much personal risk during acquisitions, the value of due diligence, and his approach to financing deals without risking personal assets.

Listen to this episode to discover:

• The importance of due diligence and cultural fit when taking over a company
• Why you need to learn from your failures to succeed in business (James uses his own real-world example from a failed business)
• How James finances his deals without risking any of his personal wealth or assets

Listen to the episode here.

Ready to start your business buying journey?

Join the FastTrack programme today and attend the next FastTrack training webinar and live Q&A on 7th June at 9 am.

FastTrack is the programme where all our most successful students started on the path to buying their first business – and it could be the launch pad for your business buying journey.

When you join FastTrack, you get instant access to a suite of business buying tools, as well as the FastTrack training webinar and live Q&A, during which Jonathan walks you through our proven 21-step Business Buying System.

It is the system developed by Jonathan over his 25 years of experience buying and selling businesses, and it is the same system used by Dealmakers Academy clients to buy their own business successfully.

Join FastTrack for just ￡499+VAT today and join the training as soon as next Tuesday. Click here to get started.

[Watch ] How long does it take to buy a business?

Buying a business is not a full-time job. Although there are a lot of moving parts – such as sourcing deals, negotiating with the vendors, due diligence and legalities – you really can buy a business in just a few hours a week. This video explains how long it takes to buy a business and how to do it the right way.?

Watch to discover…

• How you can buy a business in just a few hours each week (and mostly in the evenings and weekends)
• What the average time is between agreeing a deal to buy a business and completing the deal (this may shock you)
• Why you need a deal team to guarantee your purchase stays on track and on time (don’t make the mistake of trying to do it yourself)

https://youtu.be/3r9UjYFgKFs

[Watch ] How to take control of the dealmaking process

When you are buying a business for the first time, it helps to have proven systems and support available to you from experienced dealmakers who have learnt the lessons and are happy to share them with you. In this video, one of our Mastermind clients, Tim, reveals some of his most valuable lessons from sourcing, buying and running businesses.

Watch to discover…

• Why you need to have a robust deal process when questioning a vendor (to guarantee you have the information you need)
• Why chasing the vendor for information is not a sign of desperation (failing to do so could actually lose you the deal)
• The process Tim uses to figure out what he can pay a vendor on Day 1 (this is a powerful move)

https://youtu.be/VbXL2FNDfyU

Free business buying training and workshops

Tuesday 4th June, 7 pm

Free Webinar: Business Buying For Beginners

Discover the best way to finance deals to buy profitable, established businesses in 2024 without using our own money or taking on risk. Register here: https://dealmakers.co.uk/free-webinar

Wednesday 5th June, 9 am

Mastermind programme information webinar

Discover more about our flagship business acquisition Mastermind and how it has transformed the lives of thousands of clients. Register here.

Wednesday 5th June, 11 am

Inner Circle webinar

Already bought a business? Discover how you could benefit from joining our global network of experienced business buyers in this special webinar. Register here: https://dealmakers.co.uk/inner-circle-webinar/

Tuesday 11th June, 9 am

Free Webinar: Business Buying For Beginners

Discover why 2024 offers a once-in-a-lifetime opportunity for acquisition entrepreneurs and business owners to acquire great businesses for no money down. Register here: https://dealmakers.co.uk/free-webinar

Dealmakers M&A Networking

Tuesday 13th June 2024

London M&A Networking

Evening networking event

Doubletree by Hilton London Kensington?

Cromwell Road, London SW7 3ER

Book your place here:?https://dealmakers.co.uk/networking

Thursday 27th June 2024

Manchester M&A Networking

Evening networking event

Doubletree by Hilton Manchester Piccadilly

1 Auburn Street, Manchester M1 3DG

Book your place here:?https://dealmakers.co.uk/networking

Tuesday 11th July 2024

London M&A Networking

Evening networking event

Doubletree by Hilton London Kensington?

Cromwell Road, London SW7 3ER

Book your place here:?https://dealmakers.co.uk/networking