UK lockdown restrictions and 2m rule eased as pubs and restaurants allowed to open from 4 July
UK lockdown restrictions and 2m rule eased as pubs and restaurants allowed to open from 4 July
Prime Minister Boris Johnson today announced a range of relaxation measures on Coronavirus lockdown restrictions, which have driven the UK economy into the worst recession since the 1930’s Great Depression.
Businesses allowed to open from 4 July
The venues which will be allowed reopen include:
- Pubs, bars and restaurants – only with a table service indoors, with owners required to keep contact details of customers to help with contact tracing
- Hotels, holiday apartments, campsites and caravan parks –
- Theatres and music halls – but not be allowed to hold live performances
- Weddings will be allowed to have 30 attendees
- Places of worship will be allowed to hold services.
Venues still required to remain closed for business
The following places will remain closed by law:
- Nightclubs and casinos
- Bowling alleys and indoor skating rinks
- Indoor play areas and soft-play
- Spas
- Nail bars and beauty salons
- Massage, tattoo and piercing parlours
- Indoor fitness and dance studios, and indoor gyms and sports venues/facilities
- Swimming pools and water parks
- Exhibition or conference centres.
Let me ask you a question?
Can you buy a multi-million-pound business for £1?
Listen for a list of 5 major companies which were sold for £1, including the Millennium Dome, now called the O2 Arena
Can you buy a business that can be worth £90m for £3.4m, while helping 800 people?
On the 22nd May a deal was announced that the owner of Giraffe and Ed’s Diner paid £3.4m for Carluccio’s, which was previously bought by the current owner for £90m only two years ago. This acquisition will save the restaurant chain and 800 jobs.
Global debt is soaring to levels way higher than all recent time crises. This means many businesses will not be able to sustain their operations and need to be rescued by new owners who can help them pivot.
The smart buyers can snatch up great opportunities and build substantial wealth, just like this deal has for the owners of Giraffe.
So, are you actively looking into buying businesses? I certainly am. If you’re not, what is stopping you? Money?
Did you know that companies change hands all the time without the buyer using their own cash?
One person who has made a fortune buying and selling businesses using little or none of her own money is Bingbing Chang.
Bingbing is hosting a brand new webclass on June 23rd at 7pm. You can be one of the FIRST to learn the skill and strategies many of the most successful businesses are really brought with.
She will teach you the step by step process used to secure high-quality businesses for little or even none of your own money, all for those who join Bingbing on the night:
Join Our Low/No Money Down Business Buying Webclass
There are lots of opportunities out there for acquisitions and there will be even more coming when the world opens up and reality kicks in. For those who know how to find and acquire good deals, this is an opportunity to grow our businesses exponentially quickly.
There is no need to wait, now is the perfect time to act.
When you join Bingbing and me on the night you will learn how you could:
- Equip yourself with the knowledge and skills to buy businesses
- Build relationship with brokers
- Identify potential targets and start posting soliciting letters and emails
- Start raising funds or speak with potential lenders
Which will all put you leagues ahead of the competition who are worrying and not moving.
There will be a lot more competition when the institutional buyers are back in action. Right now, it’s a level playing field – there is an opportunity right now you have never had before, if you have an entrepreneurial mindset then you need to act now.
The uncertain outlook means businesses are willing to accept a realistic offer and are willing to negotiate, instead of after the lockdown when things are looking up and which may make the buyer more demanding.
