Business Buying Strategies From The Dealmaker's Academy

Interview with Phil Hunt In today's episode, I’m joined by Phil Hunt. Despite having a full-time job as an HR director of a city bank in London, this hasn't stopped Phil from following the Dealmakers Academy program and making his first two acquisitions. Phil has recently acquired two hairdressing salons, and he joins us to share his experience, highs and lows, and some of his best tips on acquiring one's business. Key highlights from the call [01:06] About Phil Hunt [02:50] Freedom of owning a business [03:28] When you were watching my videos, what was going through your head? [04:11] Likable moments in Fasttrack Program [08:28] How many conversations did you have before you found your first business acquisition target? [11:33] Did you use a lawyer? [12:10] How long did it take to complete the transaction? [12:41] Negotiation strategies [14:35] Hunt’s second acquisition [16:25] Tell me why this was a share purchase [19:08] Phil’s plans [19:49] What is the profit margin in this sector? [25:48] Advice to liste