Cautionary Tale #14: FSBO Woes
Often, FSBO owners put themselves through stress: having to run a business, prep it for sale, and present it to the potential buyers.
Cautionary Tale #13: Open Mouth Syndrome
We’ve engaged with a bakery seller several times in the past, and the deals have not worked out for one reason or another. But the reason for the most recent failure was entirely on the buyer, who lacked self-awareness and accountability.
Cautionary Tale #12: The Supreme Court Decides a Business Valuation
What happens when the IRS tries to get more money from a small business owner and loses in the lower courts? They appeal to the Supreme Court.
Cautionary Tale #11: Counseling Sellers
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.
Cautionary Tale #10: Sinking Sales with Selfishness
Did you know that a selfish attitude can make sure a sale doesn’t even happen in the first place? We’re going to share a couple of examples.
Cautionary Tale #9: Manage Your Attorney
Buyers and Sellers have deals on the line, and attorneys are meant to be advisors, not parties, to these deals.