You can purchase a commercial property with a long term lease bringing in rent and capital appreciation or you can buy a commercial property and convert it into residential creating an uplift in profit.

There are great deals available on commercial properties and the opportunities to get a property at a reduced price is out there right now.

Shaz shares his expertise on what you can do with commercial property and why there are commercial properties out there at really good prices.      

KEY TAKEAWAYS

• The price per square foot is much cheaper on commercial property.
• Converting commercial to residential will increase the value per square foot
• Even after a refurbishment, there is a huge profit margin.
• If you don’t sell, refinance then rent out the properties bringing in immediate cash flow to cover the loan.
• There are particular areas in towns and cities across the country that have great opportunities to purchase commercial properties
• There are long term leases available on commercial properties.
• With commercial properties, you can have an FRI lease and any insurance, maintenance or repairs are the responsibility of the tenant

BEST MOMENTS

‘Now people have seen there is a different way of working’

‘There are more opportunities now than there were 6 months ago’

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook

Shaz explains exactly what you need to understand and be aware of when you are buying a business.

If you understand exactly what you want to achieve then you can make sure that any business you buy will help you to on the journey to reaching your goals.

Make sure you spend time finding out what the right business is for you, know the motivation of the seller and never get emotionally involved if you want to buy a business that will work hard and achieve for you.

KEY TAKEAWAYS

• Know exactly what you want to achieve and buy businesses that will help you achieve your goals.
• Spend time researching the right business for you
• Those who know what they are doing pay good money for the right business
• Know your limits, don’t get emotionally involved and when you are negotiating know your red line.
• Be clear on how you are going to fund the purchase and the initial capital required
• Have a backup plan and ideally two backup plans
• Always understand the motives of the seller and the motive for selling
• Have a good understanding of the industry where is it now where is it heading
• Make sure you know enough about the sector you are buying into

BEST MOMENTS

‘Dare to be bold and big when setting goals’

‘Have goals for the businesses you buy’

‘I have very clear non-negotiables and they are non-negotiables for a reason’

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook

Are you looking for regular cash flow or quick cash?

Shaz shares information about buy, refurbish, refinance and flipping as property strategies.

Each has advantages and it is all about what you are trying to do – build equity and a passive income or generate cash flow and an active income. As someone who uses both buy, refurbish, refinance and flipping Shaz has great tips on what works and why - depending on what you want and need from a property.

KEY TAKEAWAYS

• If getting big amounts of cash in quickly is what you want then buy, refurbish, refinance won’t be the strategy for you.
• If you don’t want to get involved with agents then flipping will be a better strategy for you.
• If you are selling the properties then you will pay corporation tax if you are a limited company and income tax as an individual.
• If you find the right deals and get them packaged well flipping works
• If the property takes time to sell then you can end up paying more interest to the lender
• The key benefit of BRR is you are generating regular cash flow and you can also benefit from capital appreciation on the property.
• With buy, refurbish, refinance there are maintenance and void periods to account for with properties and having to deal with agents.

BEST MOMENTS

‘You can keep recycling your money’

‘Flipping means you can generate cash quickly’

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook

People talk lots about business plans and in this episode, Shaz shares the 10 succinct things that you actually really need in a business plan.

Any business plan is only effective if it’s reviewed regularly, adjustments made and actions are taken, so this is a great opportunity to hear about exactly what you do need in a business plan and how you need to use it so that it makes a difference to your business.

KEY TAKEAWAYS

• For clarity have a business summary – what do you want to accomplish, what’s your vision?
• Your mission statement answers why your business exists
• What are your core values? Look at what you do and how you live day to day.
• Have an overview of your competitors understanding what they do well and what they don’t
• Market research is vital – look at the trends and what’s affecting your industry.
• Identify your operating strategy – how will the business be run, staffed and structured
• Review pricing – are the margins working, how can you become more efficient?
• Plan to review the budget and the cash flow monthly.
• Have a marketing strategy to understand the cost of every client and how you can grow them.

BEST MOMENTS

‘What can you do to stay ahead of the curve?’

‘Review the business plan regularly’

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook

Why is contract hire a good way forward?

Everyone wants a lovely car but any car purchase is immediately a depreciating asset. Shaz has been using contract hire for his cars for the last sixteen years and explains why it’s such a good way to have the car you want and not have to worry about the depreciation.

He also shares his favourite cars and explains why in any business you should lease any assets that will depreciate and use your money to invest in those that will appreciate like property.

KEY TAKEAWAYS

• With anything that depreciates in value why own it?
• With contract hire decide what car you want to have and how long you want to have it for
• You can choose to buy a maintenance plan with the car or source your own maintenance
• You agree to a set number of miles with any additional milage charged at an agreed cost per mile.
• If you want to pay more upfront the monthly premium goes down
• Run the car through the company and you can reduce the costs by 20%
• If you are VAT registered you can claim back half the VAT on the vehicle if you have some private use.
• For any asset that will depreciate always consider leasing it.
• You should invest your money in assets that will appreciate such as property

BEST MOMENTS

‘Depreciation isn’t your problem’

‘You can get really lovely cars on contract hire’

‘If you like having a new car then contract hire is the way forward’

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook

Shaz shares the most common deal structures for buying a business, giving anyone who is thinking of buying a business the opportunity to think about what will be the best structure for them.

You could be looking at all money upfront, deferred payment or joint shares it’s all about what works for you with Shaz also explaining why deferred payment is his preferred strategy for a deal and why.

KEY TAKEAWAYS

• A deal can be all the money upfront and lots of smaller deals are completed with this structure.
• With deferred payment, you agree to buy and you pay a certain amount upfront with the rest being paid over an agreed amount of time
• This is a good way to buy a business.
• If the business is viable you will be able to get funding from a bank or another funding source.
• The business should be making a profit and the profit over the next few years can help fund the purchase.
• You can structure a deal where the previous owner stays on for an agreed amount of time.
• Capital is paid upfront and the previous owner continues to receive a salary while they remain with the business.
• You can buy into a business rather than buy it completely outright becoming a partner or joint shareholder.

BEST MOMENTS

‘Everything is paid upfront, job done’

‘Deferred payment works incredibly well’

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook

Commercial conversions are they a good idea?

Shaz thinks they are a great strategy and shares great content about a commercial conversion of his own, how it was funded as a no money down deal for him and the positive outcome with money available to invest in the next project.

If you have wondered how a no money down commercial conversion works then this is a great opportunity to hear how it’s a great strategy that can be used repeatedly to move your property business forward. Commercial conversions are a great way to go.

KEY TAKEAWAYS

• I bought a property for £395,000 to convert into 21 flats
• The purchase was funded by a private investor except for £45,000 and another investor joint ventured on this part of the deal.
• The mortgage process took around 13 months and was the longest mortgage application I have made in my life due to the pandemic and the lender had extensive questions.
• We have mortgaged to pay back both the majority investor and the JV partner
• We now have  £125,000-150,000 to invest in new projects and 21 flats for free.
• This is how conversions should work.
• Starting small and scaling up is a good way to go.
• Commercial conversion is a strategy I would do day after day every day
• It’s a property strategy that gives you cash flow, you can keep the properties and rent them out or sell them.

BEST MOMENTS

‘We have got back all of our money to pay the initial funder and more for new projects’

‘Commercial conversions are a great way to go’

‘I think commercial conversions are fantastic’

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook

It’s important that you do due diligence whatever the size of the deal

Financial, legal and commercial due diligence must be at the centre of any business deals if you want to make sure you don’t get caught out and Shaz covers the key aspects of good due diligence and a timely reminder that due diligence is about buyer beware.

This is a great opportunity to hear about the best ways to get due diligence covered well when you are buying any business.

KEY TAKEAWAYS

• Financial due diligence should always be completed – you should go back at least 3 years and also look at the prospective numbers going forward.
• Your accountant will work with you on the financial due diligence looking at the numbers, tax and accountability in detail.
• Legal due diligence – work with a solicitor who specialises in this area or has extensive experience in buying and selling businesses.
• Commercial due diligence - know what is going on in your industry, what your competitors are doing.
• Spend time looking and researching exactly what’s going on in the marketplace
• If the seller can’t answer all the questions then you are not buying what you thought you were buying and there is the possibility of negotiating a lower price
• Make sure you never buy a business without doing your due diligence or you will get caught out

BEST MOMENTS

‘My solicitor sent me a checklist with 138 different points they look at closely’

‘Don’t skimp on fees for due diligence’

‘The bigger the deal the further into the future you will go with the numbers’

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook

Shaz is a multiple business owner and successful property entrepreneur and in this episode, he shares why property remains his favourite strategy.

Property is a tangible investment and people are always going to need somewhere to live either as property owners or tenants.

If you invest in property as a strategy there are a huge range of strategies you can get involved in from new builds through to buy to let and commercial conversion.

Shaz shares the key reasons property is a great investment and why you need to focus on cash flow from property investment to give you what you want.

KEY TAKEAWAYS

• Property is timeless people are always going to need somewhere to live
• The population in the UK continues to grow and this means the demand for property will also continue to grow.
• There will be a demand for more housing.
• There is a shortage of property which will drive up prices.
• All local authorities have targets around granting more planning
• Speeding up the planning process would increase confidence, increase the housing supply and the local authority earns more in fees.
• The rental market is increasing so buy to let and rent to rent are good strategies.
• House prices increased by 7.6% in 2020 despite the pandemic.
• The capital value of properties is growing faster than interest rates for money in the bank
• You need to focus on the monthly cash flow that gives you a good living or allows you to reinvest in what you want.
• Property strategies are very diverse there are a huge range of different ways to be involved in property.

BEST MOMENTS

‘There are a huge range of different opportunities in property’

‘Capital appreciation is a bonus’

‘Smart investors will diversify their portfolio’

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook

In this episode, Shaz shares great advice and tips on how to negotiate effectively.

It’s a numbers game so it’s important to not get emotionally involved but effectively use your negotiation skills to get the best deal.

There are always multiple factors involved as to why someone is selling and building rapport and respect through communication is the best way to understand the motivation of the seller.

Using Shaz’s great practical advice is a great way to get started with negotiations that will get you the deals you want.

KEY TAKEAWAYS

• Communication is key and this is how you build rapport and respect
• What is their motivation for selling?
• Don’t agree to the price they first put forward this is a negotiation
• Go in with a low figure but have a rationale and justification
• Price is not the only factor the seller will be considering
• Negotiations take time don’t try and rush a sale.
• You need to have multiple deals going on at different stages because any deal takes time.
• Think about your ideal position, realistic position and fallback position
• When you understand the reasons for the sale then you have potential leverage in the situation.

BEST MOMENTS

‘The more motivated they are to sell the better the deal’

‘Put your cards on the table facing up at the beginning’

‘It’s a numbers game so don’t get emotionally involved’

VALUABLE RESOURCES

[email protected]

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook