#052 Business Buying Strategies Podcast

I used to think that administration was a bad word. In fact, it used to scare me. Until... I realised that the administration process actually protects the business buyer. You see, administration draws a line in the sand so no more skeletons can come out of the closet. But... When you buy a business out of administration, you are buying the business as seen. The administrators will not give you warranties or guarantees. So there are hard-won secrets to safely buy a business out of administration. That's why I'd like to introduce you to Mark Philips. Mark Philips is a specialist company administrator. He'll explain what he does, and how he handles offers to buy a business out of administration. Mark reveals how you can get the best deal. You'll find Mark's insider administration secrets in this week's podcast.  You'll also hear: Why you need a finance broker and a number of different ways to raise money for an acquisition. Should you buy a business through a Special Purpose Vehicle (SPV) or a holding company? My recommended method for sourcing deals.   Follow or connect with Jonathan on LinkedIn https://bit.ly/2S3Xzxw Watch our YouTube Channel The Dealmaker's Academy https://bit.ly/3b86OFI Visit us online at www.thedealmakersacademy.com Episodes of Business Buying Strategies are available on iTunes, Spotify, Google Play, Stitcher and Breaker. Disclaimer: Nothing in this podcast should be construed as legal, financial, tax or business advice. The information is for entertainment only and you should always engage suitably qualified professional advisors. Jonathan Jay, the guest presenters and The Dealmaker's Academy Ltd do not take any responsibility for your actions and decisions as a result of this podcast.