In this video, we discuss the process of selling a business, from showcasing its strengths to going to market and finding potential buyers. The review and selection process can take 9-10 months, and even when it moves quickly, things can still fall through at the last minute. Preparing to sell a business can take years, and we explore the emotional aspect—are you invested in the business or simply seeing it as an asset to sell? 💼🔍

#BusinessSale #Entrepreneurship #SellingABusiness"

In this video, we discuss how to scale your business using debt finance and whether it’s the right option for our company. Richard breaks down debt finance and the importance of matching finance products to your specific needs. We also cover why it’s not wise to use a mortgage to buy a new car—this is why we have car finance and asset finance for things like office equipment. When you invest this way, you're relying on new staff to generate revenue that covers these costs. 💡💰

#BusinessGrowth #DebtFinance #FinancialStrategy

In this video, we discuss the importance of having someone review your agreements and clauses to protect your business. Richard shares insights on 'poison pill' clauses—like one that ended a £30 million loan agreement, allowing the lender to take over the company if payments weren’t made by the due date. We also touch on default rates from quality lenders and the impact of buy now, pay later schemes. 💼💡

#Plumbing BusinessTips #FinancialSecurity #LoanAgreements