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Hello and welcome to our first episode of 2023 – a very happy new year to you all.
This week, Jonathan talks with Mastermind member John, an experienced dealmaker who sold his own business a couple of years ago, and has since acquired six different businesses in his chosen sector – osteopathic and physiotherapy practices.
In less than two years John’s new group has gone from zero to two and a half million in annual revenue – he has another acquisition lined up, ready to go – as well as ambitions acquisition plans for the coming year.
Quotes
One of the big lessons I’ve learned is that if you start off on a hostile footing with a business seller, you might as well walk away straight away.
We’ve left money on the table by not managing fee increases quickly enough.
At the beginning I made a point of talking to all the senior fee earners and saying, this is what the vision is, and making it clear that I wanted them to be part of it.
It’s not just the speed of doing a deal that’s important, but also the speed of engaging with the practice sellers.
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.dealmakersvideo.co.uk and you can also request a free copy of my book athttps://www.thedealmakersacademy.com/free-book-giveaway/
If you want to jump straight to my live Zoom FastTrack course please go tohttps://www.thedealmakersacademy.com/fast
Resources
If you are looking for a lawyer in the UK to help you get the deal over the line, then use my guy John Andrews. You can phone his office at +03452412494 or email him at johnandrews.deallawyer@jmw.co.uk
To join the Fasttrack Program, you can 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 or get the
Webinar Training Video onwww.dealmakerspodcast.co.uk
