In this episode of Business Buying Strategies, Jonathan interviews Simon, an Inner Circle member who has successfully acquired seven businesses without using his own cash.
Simon begins with his background in PR and his search for faster business growth, which led him to acquisitions. Simon shares insights and detailed stories of his seven deals, including successes and lessons from a failed acquisition.
He emphasises the importance of low-risk strategies, cultural fit, and leveraging expertise from the Inner Circle. Listeners will gain valuable knowledge on structuring deals, maintaining low risk, and navigating the complexities of business acquisitions.
Key moments
01:00 Simon's Journey: From Jargon PR to Inner Circle
02:42 First Acquisition: Vantage Marketing
04:53 Debunking Myths: Buying Businesses Without Risk
08:04 Second Acquisition: Expanding to Manchester
11:56 Lessons Learned: The Failed Third Acquisition
15:43 Pelican Communications Acquisition
16:32 Integration and Earnout Details
17:55 Inner Circle and Mastermind Groups
19:04 Fifth Acquisition in Basingstoke
21:04 Industry Insights Group Expansion
22:26 Acquisition Strategies and Deals
26:24 Future Prospects and Opportunities
27:49 Marbella Event 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.
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