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Interested in buying an existing business? In this video, acquisitions expert Jonathan Jay visits his Dealmakers Mastermind client Nic Manuel to explore how his recent business acquisition has transformed his existing business and propelled it to new heights.
Nic's expertise lies in the large format printing industry, and he shares his experience of acquiring a balloon printing company in Carlisle and relocating it to his factory in Kent. The resulting business merger now serves as an innovative way to bring new business opportunities to his company.
Jonathan Jay and Nic Manuel discuss the importance of due diligence, the integration process, and the value of having a clear vision and driving force behind every successful business venture.
Jonathan Jay delves deeper into the impact of the acquisition on the sales process, uncovering how it made life easier by attracting more leads and reducing the workload for the sales team. Nic Manuel explains how their improved manufacturing capabilities and SEO visibility have generated a constant stream of inbound inquiries and opened doors to new markets.
Jonathan Jay and Nic Manuel discuss the steep learning curve associated with the first acquisition and the importance of building a strong team. They touch upon the significance of finding the right team members and ensuring a smooth transition for future acquisitions.
Jonathan Jay and Nic Manuel explore the future of the company, with a focus on achieving optimal capacity in their current premises before considering additional acquisitions. They discuss the importance of controlling costs and avoiding unnecessary overheads while maintaining a thriving and autonomous workforce.
Whether you're an aspiring entrepreneur, an established business owner, or simply interested in the dynamics of business acquisitions, this video offers valuable insights and firsthand experiences.
Join us on this enlightening journey and unlock the power of acquisition strategies to take your business to new heights!