Business Buying for Beginners 2023 | Jonathan Jay
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- Опубликовано: 21 окт 2020
- Your free training on how to buy a business without cash is here: bit.ly/4cX7zRQ
Welcome to Business Buying for Beginners with Jonathan Jay. If you're curious about business acquisition and are looking to buy an existing small business or purchase a company, this webinar is for you.
In this session, we're going to take it back to basics and assume no prior knowledge of acquisition strategy or business mergers and acquisitions.
Whether you're a business owner looking to expand or someone who wants to get into business for the first time, Jonathan Jay will simplify the process and help you understand what's involved.
He shares insights and strategies on how to buy a company without using your own money, even if you don't have any personal savings or good credit. By the end of the session, you'll be clear on whether buying a business is the right move for you.
Jonathan Jay shares that buying a business is the fastest way to become more profitable. You can identify one or two businesses that, if bought, can be bolted on to your existing business to reach the next level within weeks.
Moreover, buying a business is easier, faster, and more cost-effective than starting one from scratch. With an existing business, you get an instant product or service, returning customers, and a marketing system that works.
Throughout this webinar, you'll gain valuable insights into the process of purchasing a business and develop the confidence to take the leap. Don't miss out on this opportunity to learn from a professional buyer and take your business dreams to the next level. 
Хобби
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/4cX7zRQ
Thank you!
such an amazing video i’ve been praying for this 🎉
I'm glad that the RUclips gods could help :-)
Alright, here is the real question; How to I take your Business Acquisition FastTrack without using my own money? :D
Thank you Jonathan for creating and posting a great introduction and overview video. Makes total sense and very easy to follow!!!
Glad it was helpful!
thank you very much for making this video.
Excellent, thankyou.
This is the definition of free game.
Been a big fan for a while Jonathan and this Beginners video is what I needed, thanks for everything you do 🙌🏻
Thanks Scott!
Thank you. This is what I need, something for beginners
Glad you enjoyed it
Great stuff.
Glad you enjoyed it
I'm taking notes for future reference
Wonderful
Great information,gives a whole new perspective on having a business(s)
Also this is a whole new career introduced to me.
When will the next webinar be?
When will the next FastTrack Programme be?
Can you still mentor someone from a different continent and country?
Here's a brand new course: www.thedealmakersacademy.com/bam
Interesting
I’ve just watched this and loved the info. Is this deal available for 2021?
yes it is: www.thedealmakersacademy.com/FAST
Respect
Love this content Jonathan thank you for it. I can't afford to buy the course so I'm going to just find out as much information as I possibly can from the internet and go it alone
Hi Kelly - have you bought a business yet?
@@theDealmakers Hi Jonathan, I hope that you are well. I haven't bought a business yet
What about now?
'I dont care if your credit is shot to pieces...I DONT CARE....😂😂😂😂
thank you kind sir Jonathan 🫡
apart from cost savigs, how about offshoring functions like accounting? will expand EBITDA. during the deal execution, financial and legal due diligence can also be offshored saving transaction cost, thanks to zoom and one drive
certainly admin functions might be off shored - however i would never risk my DD or my deal completion to anyone so remote!
I just had an epiphany listening to your video, I have been thinking for months how the hell can I find a deal. I know brokers are a sham and if you don’t have a name it may be hard but mailing a letter directly to the business is gold. Thank you so much.
Absolutely....business brokers are con artists and they always over value businesses they try to sale. Steer clear of them, use them to get financials then toss them!
I just watched the webinar recorded now. Can I register now and get all the toolkits, deal videos and letters?
@Ahmed Abouelsaoud: Have you enrolled and attended Jonathan Jay's - One-Day Super-FastTrack Business Acquisition Programme? Can you give me your genuine review of the course? Thanks
If you want to succeed as a business owner you need to see everything from above. Once you've Mastered that you are in business.
Hi Jonathan, thank you for this. What is the best way to accumulate data around the correct businesses? Is it best to initially focus on one sector? Regardless, what have you found to be the best way to identify the correct businesses?
Thank you
Have you been on the free training? www.dealmakersvideo.co.uk
I love your video and I'm ready... What do I got to do to get you as my momentor? I'm determined, confident, already proven to succeed off my own personal strengths and drive and I have everything it takes to make this happen effectively, but I need the right team and guidance on my side. Please help me.
👍🏻.....Simple....!
It is when you know how :-)
I would need a mentor to talk to on a daily basis in order for me to get started doing this. In the beginning anyway.
A business cannot fail if the building is big enough and all over the world. Size means stability.
When is the next course??
I’m on a family vacation next week are you going to do one more after this current one?
yes, www.thedealmakerscademy.com/FAST
Hi, i just watched this video now well past this webinar. would istill be able to get the perks (toolkit, videos, sourcing letter, etc.) if I sign up for this coming december event? I am working those days so i probably won't be able to attend the live event, so most likely would watch videos only.
yes - but you need to do it soon: www.thedealmakersacademy.com/FAST
@JAMAICAN JOE: Have you enrolled and attended Jonathan Jay's - 'One-Day Super-FastTrack Business Acquisition Programme? Can you give me your genuine review of the course? Thanks
How would you rate the services? How was it? Any updates?
Watching this on a Thursday morning 🤯
Hope you enjoyed it!
Hi there. Is this programme still available? I would love to take it!
yes - www.thedealmakersacademy.com/fast
Do you perhaps have ready to go templates for every step?
yes I do
How much you would charge for the templates...?
@@freddiekustaa2633 they aren't sold separately, only as part of Mastermind
We're do I find the business
Hi Jonathan, how long are each of these Zoom sessions in the Fast Track Programme? - Kaushik
Up to two hours depending on the number of questions
Did you stop doing the 5 day program? I only see the one-day for 499
it's the same content in one day
When I went online I noticed that the price is now £299. Does this include the tool kit, the 30 recordings, and all the extra’s like templates, letter, etc?
yes, it does
So i'm intrigued by the fact that an individual can buy a business by simply being creative
I live in 🇧🇸
Could this be done in another country where I buy business in different places?
I have clients doing this all over the world!
Will this work in the US?
yes we have many clients in the US
Jonathan, your step 20 is sell the group. Do you ever just buy and hold? Or is your goal always sell in the end and restart with another group?
Interesting question - most owners hold for too long expecting their business to go up in value - and often it doesn't!. I think you should take the classic 3-5 years view
Hi. So as the new owner, is there anything you need to do for the acquired business? You wouldn't be running it but surely you don't just sit back and relax once it's all done?
Its an 'all depends' answer - if you have bought a business that's going to fund your lifestyle, you would want to be involved in some way - although this is very different to buying yourself a job!
Are the fast track courses still running?
www.thedealmakersacademy.com/FAST
@ahmad elseesi: Have you enrolled and attended Jonathan Jay's - ''One-Day Super-FastTrack Business Acquisition Programme''? Can you give me your genuine review of the course? Thanks
@@cosmostudios1313 I would also like to know this. Did you ever hear anything?
Also, it looks like the course went for 5day to 3days. Is there a reason for the cut? Are all the content the same?
yes, it's the same content
I'm 19 with $5 saving up to buy a business😌
troll
How do I get Deal flow?
I talk a lot about that on this channel
Paying ground rent to the landlord can be the biggest killer for businesses.....
And can i buy businesses as a sole proprietor?
Please don't do that - it's completely the wrong thing to do
Is it a good time to buy a Bussines right now?
Restaurant Bussines.
yes, it is
How you tell the seller to sell the business to you if you use the own money of the business to pay for itself?
This is a later conversation
i watched a couple of his other videos im a complete beginner and idiot but i think he mentioned something about buying into the mortgage or property of the buisness or something while discussing a deal
Is this now a 4 day course for £399?
it is this month
OK say I have a deal for 170,000 for an auto shop that hasn't appropriating for a few years. How do I say deal when I have no cash. What do I do?
That's what WE ALL wanna know and are trying to find out!! Looks like it costs $500 to learn.
ask him or her about why she or he selling
let them talk you and convince you with their story you can casually mention about creative ways of financing the deal at the end of second meeting not the first meeting
mention you have already talked to with other seller and have your note book ready for him to see their name and future appointments with phone numbers
keep cool its like a job interview basically the more you attend the better you get at eventually buying the business
how you mr seller come up with this price ? do the employees or suppliers or banker know your intention of selling?
do the business have job procedures or manuals for new employees to learn?
procedures for top management?
how old is the machinery if its a industrial business?
do they still have manual for those machines do they need repairs and other industry specific questions
is he the only major sole owner or are there several of them?
you can come up with other smart questions yourself
be patient you might have to talk or send tens or hundreds of letters and participate in a couple of meetings with prequalified sellers but its worth than just starting from scratch a startup no clients no reputation no money no employees no banks offering you credit no stock of goods nothing basically
I am in this process myself doing it
I’m 23 and have sent letters before🙄 lol thanks for the video though very informational
it's still the best than just wasting time and money starting from scratch which is more risky than just having the patience to talk with motivated sellers even if you might need to send 50-100 letterbefore your offer gets accepted after some face to face meetings
How would you say to a seller that you'll pay them over a long period of time from the profits of the business? Do you simply just say, "I will pay you over a long period of time ( 2-3 years) with the profits from the business ? won't they say hell no?
if you say that, yes! Have you been on the training? www.thedealmakersacademy.com/FAST
@@theDealmakers Not yet, I'm raising the funds to join the training because I believe it can help me sooooo much cause I'm in South Africa so the currency exchange value is a bit high but not impossible to raise will be joining definitely sir
I am trying to contact you Jonathan I would love to do your fast track I don't know if it's too late because I just now came across your video.
www.thedealmakerscademy.com/FAST
@Steve: Have you enrolled and attended Jonathan Jay's - ''One-Day Super-FastTrack Business Acquisition Programme''? Can you give me your genuine review of the course? Thanks
Can i really do this completely broke? Like how can i put together commission only team i cant afford the course
I wouldn't ever say that this is a lifeline for people who are completely broke. You can buy a business without risking your own cash but if you need instant results, this requires time and effort.
So i dont have to worry about being broke because i wouldnt be using my money anyways is what u are saying pretty much?
OMG I have so many work to do for my business. I need to:
Register the domain
Register the business
Redesign it's website by programmers
Get the business website portal to work in a cloud.
I need servers with active directory and exchange etc
I need asset management
I need investors
I need supervisors
I need managers
I need leads
I need a lot of stuff.
Great info but the financing side is a bit lacking. Buy a business with no money, but also no ideas on funding it? You always need a big downpayment if your borrowing against a business to buy it, so how do you raise the 750K to buy the business that will pay for itself?
This is a promotional webinar, not a training webinar - so you're not going to get the full information on funding here. You don't need down payments using asset finance/invoice discounting, etc
@@theDealmakers Understood, thanks. Can you do me asset finance against the business I want to buy on the course value?!! Joking of course. WIll check your course out.
Without the team there would be no business. Will definitely not take all the credit.
explain more please
How can I buy busines without mortgage?
Mortgages are for property, not businesses. If you watch more of the videos on this channel you will see that there are lots of ways to finance a business acquisition
Hi Jonathan can we have a private conversation please i am really keen on getting started in this journey thanks
please email the office at hello@thedealmakersacademy.com and they can help you
Don't have very good credit is it still possible
yes, because you are not borrowing money
@@theDealmakers I've been watching your videos and I am enjoying them. I'm wanting to get the ball rolling on my first business acquisition. Leaning towards using the assets of the business to do so, just not sure how to go about it
Has anyone from the US bought Jonathon's services? I need some vouches and reviews!
The US is no different from anywhere else in the world! You can see 100+ reviews on my Linkedin profile
Those under 30 wouldnt know this...'We send good old fashioned letters'....😂😂😂😂😂priceless...
I know what a letter is
@@kingfratetrain7634 we dont mean an email lol
Me in my 19 : 😏
What's included in the tool kit
What's in it Connie
Business Buying process 45:19
I just learned about the term "acquisitions" last week. I did follow this. I don't have the $799.00 + VAT / Shipping to learn how to do this. Do you have anything for a poor physically disabled person like me to afford to do this? Since the whole point to this (for me anyways) is to get off of disability and become independently wealthy and have cash flow from businesses from other countries for no or low taxes. Would you be willing to buy businesses for me for a percentage of the profits? Can we work anything out affordable to the poor broke man (me)?
I like your way of thinking
Something is wrong with a £1 business and a business that sells with no kind of guarantees …. that’s obvious. I don’t think this approach can be targeted at beginners with no running capital, no team and no due diligence experience like you … happy to be proven wrong. One wrong move and you might be selling your company for 1p. Happy to be proven wrong.
thanks for your comment. Where would you say the risk is? However, you will hear that i did NOT say this was the first deal you would do and i made it very clear about what I had in place to make this happen. I used it as an example of what you COULD do when you know how
how can i contact u
hello@thedealmakersacademy.com