In this episode of Business Buying Strategies, Jonathan continues his conversation with Cara, who transformed her business from owning a single beauty salon with a turnover of £180,000 to managing a group of nine salons generating over £2 million in revenue within 18 months of joining the Mastermind program.

They discuss the importance of personal development in becoming a leader, and the strategies deployed to manage growth, such as implementing systems, assembling a skilled team, and maintaining tight financial controls.

Cara also shares personal anecdotes about dealing with family and peer reactions to her success and emphasises the significance of continuous learning and self-investment as key factors in her business journey.

The episode concludes with insights into Cara's approach to business acquisitions and the recognition she received as the 'New Deal Maker of the Year.'

Key moments

00:00 Introduction to Cara's Success Story
01:11 Challenges After Acquiring Businesses
02:30 Managing Growth and Leadership Development
04:06 Operational Strategies and Team Building
11:58 Financial Management and Cash Flow
15:01 Lessons Learned and Future Goals
18:48 Funding Acquisitions and Overcoming Obstacles
21:42 Conclusion and Recognition

** Looking for a great acquisition lawyer in the UK? Use mine! **

If you are looking for a lawyer in the UK to help you get the deal over the line, then use my own lawyer, John Andrews. You can phone his office at (0345) 2412494 or email him at johnandrews.deallawyer@jmw.co.uk.

Ready to get started?

Here’s how you can start your business buying journey…

Download our free Business Buying Toolkit
https://dealmakers.co.uk/business-buying-toolkit

Join our Business Acquisition FastTrack programme
https://www.dealmakers.co.uk/fast

Already bought a business?

if you've already bought a business, you should be part of my Inner Circle group where we discuss raising capital, integration management, and exiting. Email Maria on hello@thedealmakersacademy.com for more information.

In this week's podcast, Jonathan talks with Cara about her remarkable transformation from owning a single beauty salon generating £180,000 annually to building a multi-salon empire with over $2 million in revenue in just 18 months.

The conversation delves into the effectiveness of Jonathan's Mastermind program, which Cara credits for her success by strictly following the process. They explore the importance of ambition, quick action, and the benefits of having a system for business growth.

Cara shares insights into her strategic acquisitions, leveraging credit facilities, and negotiating tactics, including the 'Columbo strategy', where you are prepared to walk away from the deal. Jonathan and Cara also touch on the motivational aspects of entrepreneurship and the impact of mindset in achieving business goals. The episode concludes with reflections on personal growth, financial stability, and future aspirations in business expansion.

Key moments

00:00 Introduction to Cara's Success Story
01:16 The Power of Following the Process
02:06 Cara's Entrepreneurial Journey
04:06 The Importance of Sector Familiarity
04:58 The Columbo Strategy in Negotiations
06:41 Scaling Up: From Small to Large Acquisitions
08:14 Cara's Personal Experience and Growth
12:46 First Deal and Criteria Refinement
14:00 Initial Contact and Negotiation
15:54 Deal Number One: The First Acquisition
15:57 Deal Number Two: A Bigger Salon
21:23 Deal Number Three: Strategic Purchase
23:53 The Importance of a Systematic Approach
26:45 Personal Motivation and Achievements

** Looking for a great acquisition lawyer in the UK? Use mine! **

If you are looking for a lawyer in the UK to help you get the deal over the line, then use my own lawyer, John Andrews. You can phone his office at (0345) 2412494 or email him at johnandrews.deallawyer@jmw.co.uk.

Ready to get started?

Here’s how you can start your business buying journey…

Download our free Business Buying Toolkit
https://dealmakers.co.uk/business-buying-toolkit

Join our Business Acquisition FastTrack programme
https://www.dealmakers.co.uk/fast

Already bought a business?

If you've already bought a business, you should be part of my Inner Circle group, where we discuss raising capital, integration management, and exiting. Email Maria at hello@thedealmakersacademy.com for more information.

In this episode of the Business Buying Strategies podcast, Jonathan talks with Danny Beaumont, a successful businessman who has acquired multiple businesses through strategic deal making. They discuss Danny's journey from running a family business to becoming a prolific dealmaker with diverse ventures totalling £10 million in revenue.

They talk about key elements such as establishing credibility, maintaining confidence, and Danny's systematic approach to acquisitions. Danny shares insights from his successful deals, including leveraging various financing methods and ensuring robust management structures, as well as lessons learned from less successful ventures. The episode highlights the importance of having a strategic plan and unwavering perseverance and underscores the value of continuous learning and networking within business circles.

Key moments

00:00 Introduction to Danny Beaumont
00:55 The Importance of Professionalism
02:21 Danny's Background and Journey
02:45 The Role of Attitude in Success
03:15 Danny's Transition and Growth
03:41 The Impact of Dealmakers Academy
07:21 Learning from Successful Dealmakers
08:07 Dealmakers Live Event
10:01 Danny Beaumont's Career Path
15:22 First Acquisition: Paragon Toolmaking
19:54 Navigating Unfamiliar Sectors
20:56 Discovering Fair Grieve
22:20 Acquisition Strategy and Challenges
24:42 Ashlight Fabrications: A Mixed Bag
26:35 The Importance of Corporate Structure
27:02 A Deal Gone Wrong
30:37 Aurora Profiles: A Smooth Transaction
34:36 Exploring New Opportunities
38:02 Negotiation Tactics and Final Thoughts

** Looking for a great acquisition lawyer in the UK? Use mine! **

If you are looking for a lawyer in the UK to help you get the deal over the line, then use my own lawyer, John Andrews. You can phone his office at (0345) 2412494 or email him at johnandrews.deallawyer@jmw.co.uk.

Ready to get started?

Here’s how you can start your business buying journey…

Download our free Business Buying Toolkit
https://dealmakers.co.uk/business-buying-toolkit

Join our Business Acquisition FastTrack programme
https://www.dealmakers.co.uk/fast

Already bought a business?

if you've already bought a business, you should be part of my Inner Circle group where we discuss raising capital, integration management, and exiting. Email Maria on hello@thedealmakersacademy.com for more information.