In this episode of the Business Buying Strategies Podcast, Jonathan presents insights from asset protection expert Michael, who discusses key points about inheritance tax and effective wealth management for future generations.
Jonathan also shares negotiation techniques for acquiring businesses from a live seminar. Podcast producer Ed joins to discuss the importance and methods of deal sourcing, emphasising the need for continuous deal flow and strategic evaluation. This episode is filled with practical advice for anyone interested in buying businesses and securing their financial legacy.
Key moments
02:02 Understanding Inheritance Tax
04:33 Generational Inheritance Tax Explained
08:48 Mitigating Inheritance Tax
13:20 Negotiation Strategies for Buying a Business
19:00 Reacting to Price Proposals
22:41 Avoiding the Valuation Trap
25:05 Leading the Conversation
29:14 The Importance of Deal Flow
32:25 Identifying and Securing Good Deals
37:30 Avoiding Emotional Decisions
39:43 Summary and Key Takeaways
** Looking for a great acquisition lawyer in the UK? Use mine! **
If you are looking for a lawyer in the UK to help you get the deal over the line, then use my own lawyer, John Andrews. You can phone his office at (0345) 2412494 or email him at johnandrews.deallawyer@jmw.co.uk.
Ready to get started?
Here’s how you can start your business buying journey…
Download our free Business Buying Toolkit
https://dealmakers.co.uk/business-buying-toolkit
Join our Business Acquisition FastTrack programme
https://www.dealmakers.co.uk/fast
Already bought a business?
if you've already bought a business, you should be part of my Inner Circle group where we discuss raising capital, integration management, and exiting. Email Maria on hello@thedealmakersacademy.com for more information.
