Скачать или смотреть You’re Not Ready To Buy A Business In New Zealand (Yet)

Phil is fielding two to three calls a week from people looking to buy a business, and many of these conversations follow a similar pattern.

Often, people aren’t quite sure if they’re truly ready to take the leap.

This podcast is designed to get you thinking before you reach out or request an information memorandum, so you can be better prepared as you start your business acquisition journey.

Book in a call with Phil: https://calendly.com/philsmith/buying

Get our $20,000 business planning tool for free: https://nextadvisory.nz/

Instagram:   / nextadvisory.nz  

Business inquires: [email protected]

0:00 Intro
1:14 Lack of preparedness and the housing analogy
2:24 The “golden unicorn” wishlist (MRR, self-managed, sub-$1m) vs reality
4:29 Budget first: assessing affordability
6:20 Funding a purchase: equity, cash-flow lending, and using a broker
9:12 Know your numbers: debt servicing, 7–10 year terms, higher interest
10:14 The cash reality: due-diligence and upfront costs
13:32 Scarcity of quality SMEs: private sales and a competitive market
17:18 Multi-offers, FOMO and emotional risk; honest self-assessment
31:16 Final takeaways: finance plan and a clear ‘why’