Predatory Buyer Behavior: Gaslighting
We're seeing an increase in founders coming to us with erroneous and manipulative information from buyers, and in any other area, you'd call it "gaslighting". When a buyer tells you they know the market and they've done lots of deals, and the value of your business is X to Y or that it would trade in a range of A to B times EBITDA, be skeptical. They're rarely as savvy as they project and, in any case, they definitely don't have your best interests in mind.
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6 Secrets to Selling Your Business
Additional insights about selling your business…
As founders consider exiting their businesses, it's crucial to understand the landscape of potential buyers, which can broadly be categorized into strategic and financial types.
As founders consider exiting their businesses, it's crucial to understand the landscape of potential buyers, which can broadly be categorized into strategic and financial types.
Without multiple interested parties, you're stuck being a terms taker instead of a terms maker. But fear not! There's hope on the horizon.
Have you been told you have a nice "lifestyle" business by some glib deal world type? To heck with those guys, you have more options. Maybe lots of them! Give us a few minutes and we might make or save you Millions. Maybe More!
There are a few terms you need to know to find the right buyer.
Knowing the terms can mean the difference between an ideal exit or one you'll regret long after you learned the differences.