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In this behind-the-scenes podcast video, acquisitions expert Jonathan Jay interviews seasoned business broker Rob Goddard to uncover the secrets of successful business acquisitions and selling strategies.
Gain valuable insights into the world of business mergers and acquisitions, acquisition strategies, and the process of buying a business.
Whether you're looking to purchase a company or want to learn how to buy an established business, this interview will provide you with essential information and guidance.
In this video, Jonathan Jay and Rob Goddard discuss:
• The importance of understanding different sectors when considering acquisitions.
• Factors to consider when buying small businesses with lower revenue.
• The sweet spot for acquisitions: businesses with a turnover of £5 to £30 million.
• The advantages of acquiring larger businesses and the mindset of their owners.
• The challenges and rewards of selling small businesses.
• The role of professionalism in business acquisitions.
• Real-life examples of successful business acquisitions.
• The role of competitive attention in negotiations.
• The significance of realistic valuation and the gap between aspirational and realistic prices.
• The increasing market opportunities for distressed businesses.
• How understanding all sides of a transaction enhances negotiation skills.
• The importance of a consultancy approach in acquisition meetings.
Discover the importance of finding committed sellers, realistic pricing, and the role of brokers in the acquisition process.
Don't miss this refreshing and enlightening discussion on business acquisitions!