Search

Home > Amazing FBA > How to Buy a Business in UK with Richard Tunnah
Podcast: Amazing FBA
Episode:

How to Buy a Business in UK with Richard Tunnah
Category: Business
Duration: 00:23:32
Publish Date: 2021-01-26 23:06:08
Description: 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 for The misconception of acquisition The possibility of acquiring a business with less money The importance of Entrepreneur Tax Relief The advantage of Structured Deal Why the relationship to the seller is important    
Total Play: 0