If you enjoyed this video and 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 bit.ly/3JlgKxJ Thank you!
Hi Jonathan Do you think you will have your webinar in the near future on different times or is it the time that you have now on your website the time the webinar ( Course ) will always be. The reason I’m asking is that 930 London time it’s 4 AM my time. I look forward to your reply Julian
Never thought of buying a business but after running into a video about purchasing a business to up your cash flow in shorter time I’m very intrigued by this thought. Thing is I have no business experience. How wise would it be to purchase a business under these circumstances?
Thanks for the video! Im looking at a £40K business, I was told by the business broker that putting down half on day one and paying the other half over time is only for larger deals. Is this true?
Hi Jonathan, can you ever finance a business by getting a loan on the company you are looking to acquire? So, on completion you simultaneously take a loan on the company and buy the business.
@@theDealmakers I've been looking into SBA loans (in US) and most of the bankers I speak to tell me I'll likely need to get a HELOC to do 100% financing. I don't have an existing business, I've only owned my home for a couple of years and there's not a ton of equity in it (but you recommend against HELOC's), and I don't think I have access to any options of silent partners. Is my only option to find a motivated seller and have them finance the balance-beyond the SBA? Obviously, cash flow is of primal importance in my case to fund debt payments. Am I thinking too much like an operator?
If you enjoyed this video and 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 bit.ly/3JlgKxJ
Thank you!
Incredibly informative video! thank you.
glad you enjoyed it
Thanks for the incredible insight, Jonathan. I'm looking forward to watching and learning more.
Thank you
Hi Jonathan
Do you think you will have your webinar in the near future on different times or is it the time that you have now on your website the time the webinar ( Course ) will always be. The reason I’m asking is that 930 London time it’s 4 AM my time. I look forward to your reply
Julian
Unfortunately they are usually morning, London time
Are you running a course next month? I would like to attend your course
yes - www.thedealmakersacademy.com/fast
Great information
Glad it was helpful!
Never thought of buying a business but after running into a video about purchasing a business to up your cash flow in shorter time I’m very intrigued by this thought. Thing is I have no business experience. How wise would it be to purchase a business under these circumstances?
If you have no business experience at all, then the learning curve is steep. Some people have more of a business head than others
Thanks for the video! Im looking at a £40K business, I was told by the business broker that putting down half on day one and paying the other half over time is only for larger deals. Is this true?
the size of the deal is irrelevant - it's whatever you and seller agree
Hi Jonathan, can you ever finance a business by getting a loan on the company you are looking to acquire? So, on completion you simultaneously take a loan on the company and buy the business.
yes, you can
@@theDealmakers I've been looking into SBA loans (in US) and most of the bankers I speak to tell me I'll likely need to get a HELOC to do 100% financing. I don't have an existing business, I've only owned my home for a couple of years and there's not a ton of equity in it (but you recommend against HELOC's), and I don't think I have access to any options of silent partners. Is my only option to find a motivated seller and have them finance the balance-beyond the SBA? Obviously, cash flow is of primal importance in my case to fund debt payments. Am I thinking too much like an operator?
@@cypsrp7924 you say 'is my only option to find a motivates seller' you should ONLY evr buy a company from a motivated seller!
Hi Jonathan, Is this also possible in India where the interest rates are too high? Thanks
Yes, as you can structure an acquisition without borrowing money
@@theDealmakers How about using banks?