You got that outreach from a buyer and all they need is a QuickBooks download or simple P&L to get an LOI to sell your business and you're fired up! Maybe getting an offer and selling your business is just that easy, right? Our advice, borne of plenty of scar tissues with founders who've seen the downside of this approach, is to pause and seek guidance.
Give us a few minutes...might save or make you $Milliions! Maybe more!!
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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.
Many of the best investment bank and transaction advisory resources work with both sellers and buyers.
If you're thinking about selling your business, or even already in conversations with buyers, these 3 buyer behaviors should be on your radar.
We're seeing some interesting behavior from buyers lately that in most other settings would be referred to as "ghosting".
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".