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Interested in business acquisitions?

Jonathan Jay interviews Jo Bell about a remarkable acquisition deal! Jo Bell shares insights about her experience with business acquisitions and the strategies she employed. If you're interested in buying an existing business or learning about business mergers and acquisitions, this video is a mustwatch!

Jo Bell discusses her first deal, which happened somewhat unexpectedly. She elaborates on the unique circumstances that led to a deal based on trust rather than a large upfront payment.

With a combination of a freehold property and a client list, she acquired the business for a consideration of £500,000 payable over 20 years. The agreement showcases the seller's motivation to find someone trustworthy to carry on the business while allowing her to structure the payments in a favourable manner.

Throughout the conversation, Jonathan Jay and Jo Bell delve into the nuances of acquisitions, exploring the dynamics between buyers and sellers. They highlight the significance of trust, understanding the seller's motives, and aligning the buyer's vision with the acquired business's future.

Jo Bell recounts her early acquisition journey, where she unexpectedly absorbed a smaller business into her existing infrastructure. She reflects on the importance of seizing opportunities and adopting an opportunistic mindset and reveals her acquisition strategy of establishing accountancy practices in various counties.

Throughout the interview, Jo Bell emphasises the significance of due diligence and highlights the need to thoroughly assess the profitability of a potential acquisition. Her experiences have shaped her approach to business acquisitions, leading her to become more selective and numbersfocused.

She stresses the importance of considering the returns, talent, and assets that a deal brings to the table, rather than viewing every opportunity as viable.

Jonathan Jay adds valuable insights on the risks and rewards of acquiring fixerupper businesses versus solid, profitable ones. They discuss the challenges of balancing optimism and entrepreneurial aspirations with the realities of business acquisition.

Jo Bell and Jonathan Jay discuss the positive aspects of acquiring an established business. They highlight the ability to accelerate business growth, expand into new territories, attract talented individuals, and gain access to industryspecific clients.

Jo Bell encourages viewers to embrace Jonathan Jay's proven methods and strategies, highlighting that there's minimal risk when following his approach. She shares her own experiences, which involved personal sacrifices but ultimately led to business success.

If you're interested in acquiring a business or want to delve into the world of business acquisitions, this interview is a mustwatch.

Gain valuable knowledge and practical advice from Jo Bell's expertise and Jonathan Jay's strategic insights.
Don't miss out on this opportunity to learn from the best.