How to Buy a Business and Where to Find It (Proven Strategy)

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  • Опубликовано: 24 ноя 2024

Комментарии • 97

  • @hsahil
    @hsahil 7 месяцев назад +14

    No nonsense like others just pure gold

  • @AnixaNixon
    @AnixaNixon 10 месяцев назад +2

    Engaged with a captivating video outlining a proven approach to purchasing a business discreetly, without disclosing the name. The content serves as a strategic guide, offering practical insights on how to navigate the process and uncover potential business prospects.

  • @harmeetvirk5937
    @harmeetvirk5937 Год назад +5

    Between here and the amex channel loving the increase in content James!

  • @giselianacleta
    @giselianacleta 10 месяцев назад +1

    Tuned into a compelling video on the proven strategy of buying a business without revealing the title. The content feels like a strategic briefing, providing viewers with practical advice on navigating the process and identifying potential business opportunities. 🌐🏢

  • @andrewsouth1696
    @andrewsouth1696 Год назад +6

    Slight Bond Villain aesthetic in this shot James!

  • @colincameron5012
    @colincameron5012 Год назад +13

    I would agree with every point you made in this video except one - Never give a PG as it puts you at risk, much better to provide a corporate guarantee which means that the SPV buying the business will be liable

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  Год назад +14

      In an ideal world of course that’s preferable. Try getting a bank to agree to that….. very hard.

    • @darrenarslanian6651
      @darrenarslanian6651 Год назад

      With everything that you are doing in your business I would think you would be looking for storage and distribution center to buy .

    • @ChrisHansonDev
      @ChrisHansonDev 10 месяцев назад +2

      I got a 25k business overdraft and needed a PG. all they would accept so I imagine they definitely want PG on larger sums 😂

    • @SaintlyAussie
      @SaintlyAussie 4 месяца назад

      In Australia no PG no deal pure and simple.

  • @fabriadams
    @fabriadams 10 месяцев назад

    Recently delved into an insightful video on how to buy a business, complete with a proven strategy and guidance on where to find lucrative opportunities. The content is like a business acquisition masterclass, providing viewers with actionable steps for success.

  • @MellineValdemina
    @MellineValdemina 10 месяцев назад

    Recently watched an intriguing video discussing a successful method for acquiring a business confidentially, keeping the title undisclosed. The content acts as a strategic briefing, furnishing viewers with practical tips for maneuvering through the process and spotting potential business ventures.

  • @mayersb67
    @mayersb67 Месяц назад +41

    I’m 55 and earn around $450k annually, only save about 2% in HSAs. I've been reading a lot of articles mentioning how worthless 'cash savings' are in this current economy. Thus, my question: what is the best business to purchase to grow my cash as of now?

    • @MarieLegrand-p7z
      @MarieLegrand-p7z Месяц назад +3

      Agreed, opting for financial advice is the best way to go about when dealing with financial issues. My advisor put my $735k in Private Equity and I average five figures/month in returns. My overall ROI just hit $2.77M and is still counting up.

    • @AlbertiniCaputi
      @AlbertiniCaputi Месяц назад +3

      @@MarieLegrand-p7z I've worked in real estate for over 25 years and have neglected growing my savings. However, I need a different plan now... mind if I look up the professional guiding you, please?

    • @MarieLegrand-p7z
      @MarieLegrand-p7z Месяц назад +3

      I've shuffled through a few advisors in the past but settled with Sophia Verdekal O'neal. She has a great deal of expertise and her qualifications speak for themselves. You'd most likely find her basic info on the internet. She's well established.

    • @AlbertoAlejandro-g1e
      @AlbertoAlejandro-g1e Месяц назад

      Thanks for putting this out. I curiously inputted Sophia Verdekal O'neal on the internet and at once found her consulting page. She seems highly professional from her qualifications.

  • @Comradh
    @Comradh Год назад +1

    Replied to the question you asked me in your last video. I think it makes for an informative video.

  • @mampiadhikary923
    @mampiadhikary923 10 месяцев назад

    Hi James great content. U mentioned what would we like to see content creation. I personally would love to see some content on the time u wake up, to the moment u left the house to go to work and how u manage and plan out you’re day to manage the running of the business

  • @laylatorres991
    @laylatorres991 10 месяцев назад

    A professional and detailed video Buy A Business ,I love Felicity Banks your channel and all the information you offer us. Thanks for sharing the video.

  • @garethg3564
    @garethg3564 Год назад

    Hi James great content. U mentioned what would we like to see content creation. I personally would love to see some content on the time u wake up, to the moment u left the house to go to work and how u manage and plan out you’re day to manage the running of the business

  • @WeeShooey
    @WeeShooey Год назад +2

    Top notch content as usual James. My question is this. We all know work/life balance is important, but growing a successful business as you have done must have been difficult. There is only so many hours in the day, how do you prioritise work/life without having an adverse effect on either?
    Keep up the great work. And I wish you every success.

  • @abdulsamad.abd007
    @abdulsamad.abd007 2 месяца назад

    I like your vibe and way of life. You are an entrepreneur by profession

  • @SomJha-nd1ce
    @SomJha-nd1ce 10 месяцев назад +2

    Amazing video and very informative content thank you for sharing this video..

  • @LukeStephenson
    @LukeStephenson Год назад +5

    Hi James, are you currently managing to pick up vendor financed deals that are interest free even with inflation being so high right now? Seems nuts that the seller would allow inflation to eat away at their sale value over a 4 year period.
    Also, have you found that they always make you personally guarantee the deal?
    Finally, are you able to make a video on the time someone screwed you over? It would be interesting to hear what mistakes were made and how others can avoid making the same mistakes. I've had a couple of friends stiff me in the past and have learnt a lot from it.

  • @taylor-johnston7
    @taylor-johnston7 2 месяца назад

    It can sometimes be challenging to pinpoint exactly why you want to buy a business. Whether you're seeking financial independence, diversification of income streams, or looking to expand your current operations, having a clear understanding of your motivations is essential. Defining these goals will help you narrow your search and find a business that aligns with your objectives.

  • @lashanda8977
    @lashanda8977 10 месяцев назад

    Thank you! Always learn a great deal from you.

  • @FergalByrne
    @FergalByrne Год назад

    Cheers James, another excellent one. Could you tell us if you’ve ever decided to get rid of any businesses you’ve bought into, why and how you feel about it now?

  • @jonpaulandrassy3033
    @jonpaulandrassy3033 Год назад +2

    Thank you so much for these videos James. Your a top bloke it’s all really helped me in my business journey. Thank you.

  • @maril8501
    @maril8501 11 месяцев назад

    Thanks! Please record the video about the commercial property!

  • @MarkCW
    @MarkCW 2 дня назад

    Subscribed, thanks for providing such interesting and useful content. Could you be more specific about how you you choose, filter and search for businesses to buy. You said about outreach, how did you know the owner was getting older?, you mentioned Right-move, what other search methods or filters do you use? You mentioned about Internet links, what Internet links? I find there is too much generic advice, bit not how someone can start a business with a small amount of capital e.g. 50k or 100k. Starting a successful business in the beginning seems to be the hardest part. I would like to move away from BTL and do a proper business employing people.

  • @SomJha-nd1ce
    @SomJha-nd1ce 10 месяцев назад +1

    Amazing video thank you for sharing this video..

  • @naya786_5
    @naya786_5 Год назад

    Hi James. Great video. It would be great if you could go through a case study and highlight the things you should look at or not look at. Thanks

  • @priyankamanna-ru6xj
    @priyankamanna-ru6xj 10 месяцев назад

    This video is really amazing... I love this video... Thank you for sharing this video with us

  • @sainakundu-ks1ci
    @sainakundu-ks1ci 10 месяцев назад

    This video is very informative....well explained..thanks for sharing this video with us

  • @stevewhite5395
    @stevewhite5395 Год назад +1

    Brilliant Video!

  • @radugolici-northamptonproperty
    @radugolici-northamptonproperty 3 месяца назад

    Thank you. Great valuable information!

  • @daniellewilliams8245
    @daniellewilliams8245 3 месяца назад +1

    CAN YOU PLEASE EXPLAIN FURTHER ON FINANCING WITH STOCK AND EQUIPMENT IE. BUYING A TURF COMPANY OR STOCK AND EQUIPMENT

  • @sunny-hv4ml
    @sunny-hv4ml 10 месяцев назад +1

    Amezing explanation great

  • @fatimairfan3082
    @fatimairfan3082 5 месяцев назад +1

    Hi James, liked your video. But it's not for a novice or someone just trying to kick start business with limited funds. I'll be more interests of you've something for the aspirant entrepreneurs.
    Cheers.

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  5 месяцев назад

      We are a channel designed for people already going, not really for start ups.
      That said; check out my podcast channel, you might like this.

  • @NortonBusinessEBITDA
    @NortonBusinessEBITDA Год назад

    Good video but a few discrepancies.
    Just to clarify for the newbies.
    Yes you can buy a business with little to no money down. I have also done this.
    You don’t have to provide a PG, a charge over the business or parent company should be fine.
    James has a video with another infamous business buyer who bought 71 businesses in the space of 2 years then that company went bust!
    So be careful & do your research before just jumping into it

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  Год назад +2

      Yes they did go bust and I was very clear in the video when interviewed that I wasn’t endorsing it.
      You must do research before doing any business.

    • @craigjames8026
      @craigjames8026 Год назад

      Who went bust?

    • @ChrisHarper-d7o
      @ChrisHarper-d7o Год назад

      Who went bust?

  • @hsahil
    @hsahil 7 месяцев назад

    Some interesting case studies would be nice both successes and failures

  • @simoncaine9515
    @simoncaine9515 Год назад

    I love the AMEX videos but why have they turned off the comments please?

  • @pokegoheroes
    @pokegoheroes 4 месяца назад

    Bro! So good! Thank you!

  • @GaryDas
    @GaryDas 9 месяцев назад

    James great insights… what if you don’t buy 100% of the business??

  • @yakinwissem8665
    @yakinwissem8665 Год назад

    Hi, i really love your videos, i have a suggestion, how do you structure your interviews and questions for employees and managers?

  • @dzyahscloud8256
    @dzyahscloud8256 3 месяца назад

    Thanks for this information, is it better to approach a business via email or letter?

  • @Nicole-Nicoleta
    @Nicole-Nicoleta 10 месяцев назад

    Checked out an informative video shedding light on the effective strategy of acquiring a business while keeping the title confidential. The content comes across as a strategic session, delivering practical guidance on successfully navigating the process and pinpointing potential business opportunities.

  • @aaronmatos5581
    @aaronmatos5581 9 месяцев назад

    BOOM! You got everything on point. Thanks for the advice.

  • @philippedelemarle3076
    @philippedelemarle3076 Год назад

    If I want to finance a business buyout with a loan, I must provide at least 20% of the sale price of the company

  • @currentphonograph7487
    @currentphonograph7487 7 месяцев назад

    Very informative

  • @seasons7510
    @seasons7510 Год назад

    More videos of visiting your different businesses for me

  • @bigdento
    @bigdento Год назад

    can you please make a video about international shipping and logistics? do you just use a 3rd party shipping company in usa for example? how do you know how much stock to send initially when first starting in a new country? do you ship it directly from the factory to the usa or do you ship it to your companies warehouse in the uk then repackage and ship again to the usa? thanks james you've helped me more than you can imagine

    • @bigdento
      @bigdento Год назад

      i have 3.2m subs over 4 channels with around 60% of them being based in the usa but i dont sell to any of them, only do referral links and affiliates with usa companies

  • @garethdebeer8827
    @garethdebeer8827 10 месяцев назад

    I have a business and a few employees, how big do i need to get before a seller would trust me enough to sell me a £1mil turnover business on seller financing?

  • @cellshaded
    @cellshaded 5 дней назад

    Hi James, I just found your channel. Could you address how a first time business buyer could go about financing and referencing please? I have not been able to find any advice on this. It seems obviously much easier once you have a proven track record of managing a previous business for the owners and lenders to trust you with their baby or funds and creative deals. But how can I do this as a first time buyer?

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  5 дней назад

      I think you should build something first. Watch my zero to 1 million video if I was starting again. It’s on the channel.

  • @WeixDraqz
    @WeixDraqz Год назад

    Have you ever thought about becoming a tax resident in a country that is a tax haven? Just for the purposes of paying lower company tax and personal taxes as a whole? Love to know your thoughts on this topic...

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  Год назад +3

      I want to stay in the UK it’s where my people are and my friends and family. I do think the government should make SME business a core priority. I think if they support large companies well, they should we need them too.
      But the zero to 100m revenue is not given enough attention… these are the next Dyson, JCB and more.
      Individuals and companies are leaving to countries that are embracing business and fairer on turnover taxes as a result growing their economies.
      I’ll use my voice to support the cause for entrepreneurship.
      Ultimately if you make a profit, I believe paying into your countries infrastructure is a good thing, it really helps, what I hate is tax on turnover before you’ve made a profit ( business rates, VAT, IPT, duty etc etc ) . You just need to make sure government uses it’s money to improve the country and not waste it.

  • @miasmason
    @miasmason 4 месяца назад

    What’s sites can you buy businesses on ?please inform

  • @davidpearson8954
    @davidpearson8954 Год назад

    Thank you. Really helpful. :)

  • @azizz79
    @azizz79 Год назад

    I would love to buy ‘Party Delights’ if you want to sell. 😊 (seller financed)

  • @MaidenVal
    @MaidenVal 10 месяцев назад

    Just explored an informative video revealing a proven strategy on how to buy a business and where to find it. It's like a business roadmap, offering valuable insights for aspiring entrepreneurs seeking to make strategic acquisitions.

  • @jakehall9233
    @jakehall9233 Год назад

    Do you think Accountants make good business owners? I’m currently studying towards the ACA.

    • @Lou-qw8bj
      @Lou-qw8bj 9 месяцев назад

      Definitely

  • @GaryStephenJones
    @GaryStephenJones Год назад

    I’ve asked on Jonathon Jays channel but not had a reply. How much does due diligence cost (ballpark figure). And as a first time business buyer how do you avoid getting saddled with multiple due diligence payments when deals don’t go through. I understand the business will pay for it if you buy it but what if I don’t. This is a big concern for a first deal

  • @philippedelemarle3076
    @philippedelemarle3076 Год назад

    it's the same strategy in France, as in Great Britain. The vendors credit is well know in France. my difficulty is that the seller accepts the vendors credit, because it is risky for the seller. He must be sure of the quality of the buyer. If the buyer is unable to repay, the seller loses all. I was also interested in companies worth more than 500,000 euros, but often the management was not sufficient, for the moment, I'm looking, maybe I'm too demanding

    • @ChrisHarper-d7o
      @ChrisHarper-d7o Год назад

      Yes exactly. it's easier having the credit James has, and the vast cashflow from all the properties and business.. this secures the seller. How can you go about securing a deal with no guarentees in place? It's a tough one?

  • @TheTrendd
    @TheTrendd 10 месяцев назад

    How to collaborate or do business in partnership 🤔

  • @wendywolfman
    @wendywolfman Год назад

    How would you go about doing this if you don’t already own a business?

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  Год назад

      Funny you should say that. Watch this video.
      £0 to 1 Million - How I Would Do It If I Started Again
      ruclips.net/video/6xhoNyvF7-8/видео.html

  • @azizz79
    @azizz79 Год назад

    What would you consider a good deal when buying a business? Typically, how many x profit multiple are you happy with when buying a business?

  • @NaseerShakir-vh9ys
    @NaseerShakir-vh9ys 8 месяцев назад

    2:02 2:02 2:02 2:02 2:02

  • @RideAsil
    @RideAsil Месяц назад

  • @RockyBritalian
    @RockyBritalian Год назад

    Have you ever gone into an existing business with external partners - or do you prefer to bring everything into your own circle?

  • @justal8559
    @justal8559 11 месяцев назад

    Nice video with some good shared experiences. Just one thing Sir, your accent, are you from Alabama or Kentucky? [@i@[ ........

  • @WeixDraqz
    @WeixDraqz Год назад

    With all the company's you own. Do you have a holding company on top of them? For tax purposes really anyone would have a holding company so you can spilt profits, losses within the different businesses?

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  Год назад +1

      Nope, it’s difficult to do that for me because if you have one holding company you can’t split off companies to different banks for funding.
      If I had one holding company, I would have to give this holding company to a bank as a charge for funding which would restrict me from using another bank for other funding purposes.
      You can still divide me between companies tax free and or raise management charges.
      Hope that makes sense.

    • @WeixDraqz
      @WeixDraqz Год назад

      @JamesSinclairEntrepreneur Would this be using company loans with each other? I see that is what a lot of business owners do, but then you have to write it off at some point or pay it back, don't you? And when you sell the company, it'll have the loan attached to it as well if not paid off.

  • @seasons7510
    @seasons7510 Год назад

    Are you looking at opportunities just in your area or nation wide?

  • @darrenarslanian6651
    @darrenarslanian6651 Год назад

    With everything you are doing u would have thought a storage and distribution company woul fit in with your business

  • @jamesward5721
    @jamesward5721 Год назад

    Spoke to you a lot back on Li James - was always baffled that you don't have 1,000,000 subscribers as you only put out the good stuff - Chudders & Momma Chudders are also acquaintances. :-) I honestly think you just don't jam it down the "viewers" necks quite enough - you are too modest - this "Uptick" in the image is good. Jam it down their necks - more might pay heed to the absolute sense you share.
    The YT game is bent - your stuff gets buried. No idea why, but it does.

  • @apigtooter5727
    @apigtooter5727 Год назад

    Who is gonna sell this kind of business?

  • @BizBandit
    @BizBandit 11 месяцев назад

    James, I really like your channel but for the love of God, it's "Did" NOT "Done". I can't get past this. Please take this onboard as there are plenty of other channels that talk through this business philosophy and approach. Otherwise, love the channel!

  • @Bangjamal
    @Bangjamal Месяц назад

    winner winner chicken dinner pubg

  • @anayadhikary988
    @anayadhikary988 10 месяцев назад

    Thank you! Always learn a great deal from you.

  • @chandraroy2844
    @chandraroy2844 10 месяцев назад

    Just explored an informative video revealing a proven strategy on how to buy a business and where to find it. It's like a business roadmap, offering valuable insights for aspiring entrepreneurs seeking to make strategic acquisitions.