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Want to know how to buy an established business?
In this video, acquisitions expert Jonathan Jay invites James Gardner, an experienced entrepreneur who has bought and started multiple businesses, to discuss the advantages of business acquisitions and strategies for scaling your enterprise.
Should you buy an existing business or start one from scratch?
James Gardner shares his insights based on his 20-plus years of entrepreneurial experience. He highlights the challenges of starting a business, the long-term commitment it requires, and the higher risks involved.
Conversely, he emphasises how buying a business can provide a smoother and more profitable path, especially when considering the convenience of an established customer base, infrastructure, and relationships with suppliers.
Discover the untapped potential of acquiring existing businesses and how it simplifies the process of setting up a new venture.
James Gardner and Jonathan Jay discuss the advantages of buying a profitable business, such as instant cash flow, predictable revenue streams, and the opportunity to negotiate better deals with suppliers.
They also delve into the importance of people management, leveraging the skills and expertise of existing teams, and nurturing talent for future growth.
James Gardner reflects on his acquisitions in the funeral director sector, sharing his personal journey of entering a recession-proof industry. He outlines how he identified a business opportunity, leveraged his existing relationships, and successfully acquired two businesses within a short period.
Drawing on his experiences, he offers insights into the financial aspects of acquisitions, the value of deferred considerations, and the significance of developing a strong team.
If you're considering buying an established business or expanding through acquisitions, this video is a must-watch.
Learn from James Gardner and Jonathan Jay as they discuss the intricacies of business acquisitions, share real-world examples, and provide valuable tips for scaling your enterprise.
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