Episode 125 – Buying a Business: What to expect of your broker and what your broker expects of you
Managing expectations between business brokers and buyers… the importance of regular contact, understanding roles, and clear communication.
Managing expectations between business brokers and buyers… the importance of regular contact, understanding roles, and clear communication.
A boring business is not glamorous. The fun part? It reliably returns cash flow, day after day, month after month, year after year.
In this episode, we explore the unsolicited Letter of Intent (LOI), highlighting red flags and potential scams in brokerage.
As we say early on in the transaction process: tell us everything, even if you don’t think it’s important. And the important stuff? Tell us that first.
A solid business doesn’t rise or fall based on interest rates in the market. The same goes for when you buy a business.