In this episode of Business Buying Strategies, Jonathan Jay talks with Cara, a successful student of his Mastermind program. Initially owning a single beauty salon with an annual revenue of £150,000, Cara expanded to seven salons with a revenue of £1.3 million in just over a year.

Cara shares her journey of buying businesses without hefty initial investments, her strategy for growth, and the personal transformation she underwent through the process.

The discussion highlights key insights into negotiating deals, leveraging marketing strategies, and navigating the challenges of business expansion. Cara emphasizes the significance of mindset, strategic planning, and the network benefits provided by the Mastermind group in achieving business success.

Key moments

01:23 Upcoming Events and Opportunities

02:21 Introducing Cara's Success Story

02:41 Cara's Journey: From One Salon to Seven

04:56 The First Deal: No Money Down

10:05 Challenges and Growth in Business Acquisition

15:35 Transition to Delegation

16:16 Personal Growth and Leadership

18:55 Future Plans and Ambitions

19:40 Mindset and Overcoming Doubts

21:32 The Power of Networking

24:06 Evolving Deal-Making Skills

28:37 Facing Challenges and Staying Resilient

29:38 Final Thoughts and Encouragement

 

** 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 [email protected].

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 [email protected] for more information.