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In this episode, Jonathan Jay interviews Aled Davies, who runs a clothing and textiles printing business. Aled shares his journey of seeking organic growth for his family business, facing challenges such as a fire and the pandemic. Inspired by the podcast, Aled explores the acquisition route and becomes one of Jonathan’s clients.
He shares how he completed his first acquisition of a smaller business and seamlessly integrated it into his existing company, leveraging the acquired website, customer base, and sales opportunities. He also shares some of the tips he has acquired along the way.
Key Highlights
[00:45] About Aled Davies
[01:21] How Aled got into business
[04:16] How the Podcast motivated Aled
[05:00] Lessons learned after joining the fast-track program
[06:09] How Aled handled his first call
[08:09] How the negotiations for the deal went through
[15:05] The kind of due diligence one can do when buying a digital marketing company
[19:11] Tips learned by Aled along the way
Notable Quotes
- I had feedback and stopped because I didn’t add for whatever you guys didn’t fully commit to. But once you fully commit to it, there’s no reason why if a deal doesn’t feel right or it doesn’t look, it will not be right for you. You can always walk away if you don’t want to do it anyway.
- Get started and give it a go. But you never know what’s going to come upon it.
Resources
Buying a business is only the start, which is why we are now teaching what happens next on the Mastermind program. Now, 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.
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.
If you would like to take the next step to learn the best ways of buying a business, without risking your own cash, you can access my free training at:
www.dealmakerspodcast.co.uk
Watch my Webinar Training Video:
https://www.dealmakerspodcast.co.uk
You can also request a free copy of my book at:
https://www.thedealmakersacademy.com/free-book-giveaway/
If you want to jump straight to my live Zoom FastTrack course, please go to:
https://www.thedealmakersacademy.com/fast
Connect with Jonathan Jay at:
Website: https://www.thedealmakersacademy.com/
LinkedIn: https://www.linkedin.com/in/jonathan-jay-3556b230/
YouTube: https://www.youtube.com/c/TheDealmakersAcademy
