Business Buying Strategies From The Dealmaker's Academy

This week Jonathan talks with Akram Abdullah, who started a successful insurance brokerage with his brother, fell out of love with it, and sold it. Then, in the space of just eight months he acquired a commercial cleaning business, fixed it, and then sold it to the manager he had recruited to run it for him. Key Highlights [01:05] Akram talks about his career to date [01:48] Deciding to sell his insurance broker business [03:30] Deciding to acquire a business rather than start a new one [04:20] What sort of business was Akram looking for? [06:00] The first meeting with the seller [07:20] How the negotiations for the deal went through [12:30] The fixes that were needed [15:40] Selling the business on [20:20] Tips and advice for would-be business buyers Notable Quotes And then all of a sudden I've got a business and this recurring revenue that I had been so interested in, I could now see it coming through.  The most important thing is the seller's motivation. That is crucial.  So for me, I don't believe I will