Although Josh Logan at Achieve Legal in Orlando has oriented this to the M&A level of business sales there are some lessons to be learned from this youtube video. Good Legal counsel is critical in a deal.
due diligence
Education…is critical in the business buying process
I got a contract yesterday from another broker. Contract accepted, everything fine. Then the following day an email from an adviser (not an accountant, not a lawyer) but a professional I do respect making a statement to the buyer that they should not make an offer till they see the tax returns of a business. […]
Buying a Business…some due diligence reflections
The key to buying a business from a macro standpoint is education. The challenge is to realize that no matter your experience and your academic credentials this process is one that require wisdom and experience in the process of buying and selling. Unfortunately most buyers and seller will only go through this process a couple […]