How to Buy a Business in UK with Richard Tunnah - a podcast by Michael Veazey

Richard Tunnah started his online journey in'95 when he acquired a desktop computer (the size of a dining room table!) for about £4k and set up an online classified site. (pre craigslist and gumtree) which they sold in the late'90s. They then set up a website design company (where they had a hand coder!). They exited this business after 2 years and had an IT support company. They sold this and he started an e-commerce business. This was the early 2000's.

He approached a number of designer labels to sell their end of line stock and came to an agreement with Ralph Lauren and DKNY to sell their t-shirts on eBay. Spending about £1k a week and doubling that until people saw what he was doing and getting cheap copies from china when eBay wasn't strict on fakes. 

He then started a business growth company focused on customer retention and customer reactivation campaigns. He has an Amazon best selling book on the subject. He has also hosted a business podcast interviewing various business leaders. He has also been featured on CNN and US Today writing about business growth and branding.

He started to acquire companies about 3 years ago that he believes he can grow to the next level. 

In this episode, Richard will be sharing his thoughts about how to buy a business in the UK. 
You'll Learn:

Who is business acquisition forThe misconception of acquisition
The possibility of acquiring a business with less moneyThe importance of Entrepreneur Tax Relief
The advantage of Structured DealWhy the relationship to the seller is important

  

Further episodes of Amazing FBA Amazon and ECommerce Podcast, for Amazon Private Label Sellers, Shopify, Magento or Woocommerce business owners, and other e-commerce sellers and digital entrepreneurs.

Further podcasts by Michael Veazey

Website of Michael Veazey