Your free training on how to buy a business without cash is here: [ Ссылка ]
Find out how to buy a business without risk - [ Ссылка ]
In this video, Jonathan Jay discusses three things that you don't know about buying a business until you have actually bought one.
He explains how long the business acquisition process can take, which is often much longer than expected due to miscommunications, misunderstandings, and missing documents. To manage the stress of waiting, Jay recommends maintaining a close relationship with the seller and understanding that everything takes time.
The second point he highlights is that many business sellers know very little about their company's finances, which can make the valuation process challenging.
Lastly, Jonathan Jay emphasises that some sellers may omit or even lie about essential information that could impact the business's future performance.
This video provides valuable insights into the acquisition process and is an excellent resource for anyone interested in buying an existing business.
