'10 Minute Tip' by Andrew Watkin - Growth by Acquisition expert - 7am until 9:30am
Andrew Watkin founder of Assynt Corporate Finance qualified as a chartered accountant in 1982 rising quickly to becoming partner by 1987.
By 1993 Andrew took over his whole firm alongside another partner. He grew that firm to become one of the biggest in Herfordshire.
In 2013 Andrew decided to form his own project based accountancy firm to make the most of his considerable experience in acquisitions.
Andrew works particularly well with savvy business owners who are entrepreneurial and ambitious. He's had great success with people who are open to a growth plan that involves buying, in some shape or other, another business as a way of growing their own business.
Andrew is offering all attendees a FREE no-obligation meeting to discuss the viability of an acquisition plan.
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About the conversation:
The Growth Strategy Most Business Owners Ignore
Buy rather than build?
Current demographics for UK companies are such that 20% of directors are over the age of 66 with 30% over the age of 56.
These businesses will require some form of succession. It would be a shame if they were wound up. There will be some viable businesses out there whereby a succession plan could include a sale to you.
Surveys show the UK economy will be one of the slowest growths in the G7.
How will your business grow organically and over what period of time?
How much will you need to market and sell to gather in potential new business?
How will you know your marketing funnel is working?
Organic growth is far more exposed to external factors.
When would an acquisition make more sense than building it myself?
Andrew's tip will encourage you not to ignore the tried and trusted idea of growth through buying another business.
His presentation will cover:
Whether to build or buy. Why buying is often overlooked. He'll be sharing examples.
He'll be helping you with the objection to risk and how to close the deal.
