In this episode of Business Buying Strategies, Jonathan Jay discusses the importance of proper education and mentorship in business acquisitions.
He introduces the Mastermind 2025 program for serious business buyers and highlights upcoming events in Australia and the UK. Jonathan emphasises the value of combining online and face-to-face learning experiences and the importance of collaboration over competition in acquisition endeavours.
He shares insights on avoiding common mistakes when buying a business, the importance of deal flow, and how to fund acquisitions without personal financial risks.
Jonathan also explains the use of special purpose vehicles for liability protection and underscores the value of being part of a supportive mastermind community.
Key moments
01:23 Upcoming Events and Opportunities
02:21 Introduction to This Week's Episode
03:21 The Importance of Practical Experience
04:36 Minimizing Mistakes in Business Acquisition
05:25 The Benefits of Proper Guidance
06:57 Online vs. Face-to-Face Training
08:05 The Value of Live Events and Networking
11:29 The Complete Business Buying System
14:02 Common Misconceptions in Business Buying
21:04 The Importance of Deal Flow
23:11 Protecting Yourself in Business Acquisitions
** 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.