There are simple things you can do to get your acquisitions completed faster.
So many people aren’t prepared in the way they should be, which dramatically slows down the process of buying or selling a business.
In this episode I am joined by Jamil Anakkar, the CEO of Tandy Ventures, who shares where he sees the massive opportunities in M&A right now.
Jamil outlines the challenges he faced during his first acquisition, and the importance of effective communication and financial health in the acquisition process. To be best prepared you need to deal in person with the seller as much as possible before handing over to solicitors.
Leave too much to them and it will slow you down.
If you want to find out how you should be prepared for your business acquisition, listen up!
"Bigger deals are generally easier. " - Jamil Anakkar
Timestamps
01:46 - An introduction to Jamil
06:57 - How many owners are hands off in their business?
09:07 - Jamil on closing his deal in 6 months
13:05 - Agree as much as possible with sellers before solicitors
16:02 - Identifying big risks at heads of terms
26:54 - The biggest trend in businesses below audit level
30:26 - Not investing in the right people
36:48 - Jamil's future aspirations
Connect with Jamil Anakkar:
LinkedIn - https://www.linkedin.com/in/jamil-anakkar/
YouTube - https://www.youtube.com/channel/UC21gxYXKncu-ir8zbiqRgqA
Tandy Ventures - https://www.tandygroup.net/
Connect With Julie Wilkinson
LinkedIn - https://www.linkedin.com/in/juliewilkinson-accounting/
Tik Tok – https://www.tiktok.com/@wasolutions
YouTube - https://www.youtube.com/channel/UCUvq6gfNoP_4dfIJulL6C6A
Facebook - https://www.facebook.com/wilkinsonaccountingsolutions
Website - https://wilkinsonaccountingsolutions.co.uk/
Before you go, don’t forget to leave a comment and review if you got something out of this episode!
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