How I Buy £1,000,000+ Businesses at LOW-COST

Buying businesses is one of the fastest and most effecient ways of growing a company. I have done it over 20 times in my entrepreneurial career and today I want to share how I do it. Here's 9 clever ways to buy a business at low-cost. From finding distressed businesses to negotiating seller financing, I will provide practical tips and strategies to help you buy companies at low-cost... and even sometimes, with no money!
Buying Business Example:
• Taking over a NEW BUSI...
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[@anillchandi]

James is just the best. Too many fakes out there and he’s as real as it gets! Really helpful stuff James. Many thanks

[@James-io9ig]

James, as a business owner myself, I find your content fascinating and inspiring. I am a similar age to you, but I only got into entrepreneurship in the last few years. I run a £1.5 million business, and it blows my mind how many pies you have your fingers in. I'm not sure how you do it!

[@ashok3733]

Hi I am also a business owner. Not in your league yet. Would like to know more..

[@azizz79]

James! Thanks for this. Great advice and pure knowledge… in the process of buying a business right now..

[@jonathangilchrist9061]

Great video fella.. you're due to skyrocket on KZbin soon surely, you've genuinely got the best business videos around!! 😉😃😃

[@andrewcornwell3502]

Definitely a video to save as looking for another business to purchase, so many options to buy Thanks James

[@richardgibbs1168]

Finnaly tipped over the 30k mark, great work mate!! You best update your homepage banner, next stop 50k!!!!

[@seanchristopherjohn]

Great vid as always. Also rossi ice cream just had a plug on the chase from Bradley walsh :)

[@brettgrady1921]

Great video as usual James!

[@JamesSinclairEntrepreneur]

Cheers Brett.

[@junglegoose4648]

This is excellent!

[@heatingcaredumfries3064]

Can’t wait for buying business masterclass 👍

[@Drivingexplorer]

I love watching your videos Your hotel reminds me of the The Blue Boar Hotel it was a really nice hotel I stayed in a couple years ago

[@user-ii3zl5lo3h]

HI James, great video as always, do you have a recommendation of a website i can use to source distressed business to buy?

[@muhie]

Love the videos!

[@JamesSinclairEntrepreneur]

Thanks for the love

[@dhanyalmahroof1236]

Topman James!

[@domtaylor2271]

Very interesting, packed video. Couple of questions: 1) You mentioned you get lots of leads without having to look. But for someone with no public profile, or prior business experience, where would you find them? 2) Do you recommend trying "organic" first to see if we have any entrepreneurial aptitude? Or do you think acquisition is a sufficiently different skillset that it's okay to target first without having run a business before?

[@hismajeste6368]

Another excellent video!

[@JamesSinclairEntrepreneur]

🙏 thanks

[@seanmallard3118]

Brilliant stuff again james where do i find out about business's that are in administration

[@steveharman8907]

James, this stuff is brilliant, and so was the fabulous ,eal and ice cream at Rossi yet again on Saturday....must meet you 9ne day.

[@JamesSinclairEntrepreneur]

Thank you! I'm at Rossi all the time, we probably will bump into each other.

[@miketyson8236]

Just discovered this channel and it seems really interesting! At 7:20, the Asset Re-Finance is sort of a LBO if I understand correctly, right? You use machinery as a collateral. How easy is to get the banks to loan you on this type of collateral?

[@TJ11965]

Your videos are sooooo good-Top man

[@JamesSinclairEntrepreneur]

Cheers Thomas !

[@TJ11965]

No worries James-a friend of mine has recently purchased 2 businesses! He should definitely come on your podcast, he said he wants to but seems reluctant! Would you message him directly on instagram? One of the businesses he just bought for no money down is so interesting and would love to see how you would market it, as they are not sure how to gain new customers in such a NICHE sector.

[@SteveSpendsaPenny]

Maybe a media producing company could be a good acquisition, I’m sure that’s crossed you mind already though. You could make all types of videos about different areas of the company. Codie Sanchez in the US has got a huge channel now and I think she did something similar.

[@Invincible_International]

I love the E+M=S equation…. Would be great to see a bit more from your management team & what they do - A day in the life of Aaron… That way business owners stuck in operating can see how well a delegate can take it further

[@MatthewClarkeLDN]

Thank you so much for your videos James. I looking to start something soon, but need education like you provide.

[@JamesSinclairEntrepreneur]

Thanks for watching!

[@lewis72]

Yeah, around 18-19 my anual revenue was also about £1m. Oh, my mistake, it was about £8k.

[@jeremyr7147]

Dude, its only a million to buy the business. 😂 its easy

[@Trezker]

It's amazing the strange deals that can happen. But as long as it makes sense when you know the details it's all sane and good. Just avoid the type of strange deals where the money sounds good but the details don't make sense, never buy what you don't understand.

[@gtpisking8214]

I want to buy a business but I’m not sure my sector has anything. I’ve been an online marketing/high ticket sales and high performance coach for my career. Built a marketing agency. I’ve helped many clients scale to 7 figures selling high ticket coaching programs in the health space (like fitness) and in the biz coaching niches. Loads of experience coaching CEOs and founders. Lots of experience scaling social media accounts. Lots of experience with lead gens funnels etc…experience selling courses. I’m not sure what business could be good to acquire based on these skill sets. Any Insight on this?

[@DH-zp7bc]

They're that much of a rip off, that in the UK it's cheaper to buy a children's day nursery than to send your child to one.

[@jimcollins7334]

Really liked these videos. Where are you finding all these businesses?

[@JamesSinclairEntrepreneur]

Honestly so many businesses for sale. I also get sent lots of opportunities.

[@jimcollins7334]

Would make for good video content. I own a tech consulting company but looking to branch out. Most of the companies I see for sale are hairdressers etc but probably need to expand the network!

[@cruddy9336]

Could you add Klarna to your seminar by any chance?

[@mustafatvs]

Would you advise buying e commerce businesses?

[@robdavy4468]

This is one of your best videos James! Do vendors typically require any kind of corporate or personal guarantee for vendor financing? Do you have a rule of thumb for valuing businesses? Multiples of EBITDA, etc? We did a near identical landlord deal here in Canada for an FEC during the pandemic - has worked out amazingly well for us and them!

[@JamesSinclairEntrepreneur]

You own FECs??

[@robdavy4468]

@@JamesSinclairEntrepreneur yep, 3 Laser Tag anchored ones in Alberta Canada. I'm British and come back to the UK quite often, would love to connect in person

[@readmycomment3157]

How do you secure asset finance before you actually own the assets though?

[@JamesSinclairEntrepreneur]

A good broker can arrange this.

[@metro1361]

Are franchises profitable eg. Dominos pizza, Coffee shops.

[@MrTj145]

No

[@jeremyr7147]

Crazy talk man. I'm not putting my money & life on the line.. it's fine if your rich- let's be real. I'm out, I cant put out thousands of dollars. I want to get paid not have liabilities. This sucks. I mean life

[@christopherbonifacio5041]

How can you have 1000 people on payroll when you generate only $30M per year? To me the numbers don't make sense. Awesome video by the way!

[@JamesSinclairEntrepreneur]

Work in hospitality and leisure and you’ll see massive peaks and troughs in revenues. You’ll have people working part time and full time. We have circa 400 ish Full time equivalents In addition…. A lot of people don’t want to work full time, hence the 1000 people!

[@jeremyr7147]

I got 3 grand to my name.. i feel its probably better to buy lottery ticket than a business in America... plus like you said, only 5% make it. If they dont make it they likely lost all their money. Biz is too much garbage to deal with, regulations, uncle sam beating you down.. Gotta work 8 days a week before any profit.. It's too much work to break even. Id rather go to job & get paid instead of paying to go to work. Like i have for the last 6 years, i made it past 5 years but why? Someone with only 3k to their name has no business starting a business or owning 1. Im closing my shop in about a week. My life will improve greatly. Let some rich dude blow all their money. From the other side it looks like taking advantage of people when their down. But thats how you make money in the business world. You take it from others. My problem is im too nice to be ruthless.

[@flex1661]

Update?

[@jeremyr7147]

@@flex1661 Hey, I closed my Business.. Now I make 3-4 times more money working less hours & the pay is steadily increasing w/ lots of bonuses. Bought a "new" truck cash. Still have my car sitting in the garage. I went back to a previous trade i was in, & good at, which pays real well. I like what I'm doing now.

[@jeremyr7147]

@@flex1661 I replied but seems YT decided to delete my post.. I have multiple posts deleted everyday around here. I said nothing wrong.🤷‍♂️

[@anarki777]

Yeah, but if it's high barrier to entry that means it's not suitable for someone who isn't already a business owner. So basically, all the good opportunities exist for people who are already well-established.

[@JamesSinclairEntrepreneur]

I disagree. It’s a philosophy and mindset. I started out in a low barrier to entry business, once I understood the philosophy of mindset you can start getting your ducks in a row. The aim is to keep building moats around you.

[@seasons7510]

Are we getting a video about the hotel?

[@JamesSinclairEntrepreneur]

In about 6 weeks

[@seasons7510]

@@JamesSinclairEntrepreneur thanks for the quick reply always find your videos informative

[@aendoh]

€30m REVENUE, not profit, with 1k employees!??? €30k revenue per person? how does he make ANY money? I am really confused.

[@JamesSinclairEntrepreneur]

You have a lot of part time staff in hospitality and leisure.

[@aendoh]

@@JamesSinclairEntrepreneur So, not a mistake, just very low-margin industries? We just started an ecommerce business with 50-80% margin, that's why I was confused if this was correct. Now me let me finish the video and good day to you :)