Community Insights are business owner round tables offered to estate, financial, business, real estate, as well as long-term care planning clients. ComIns are designed to introduce you to the various planning options that facilitate achieving your goals. You will benefit from being included in programming that keeps you abreast of the various alternatives in today’s marketplace.
This month’s topic is:
Understanding the “Pain of Due Diligence” and Preparing for It; presented by Melisa Silverman JD, CEPA, CVA, SBA, CMEA and Joe Strazzeri, Esq., CEPA
Many business owners believe that once they receive an offer for their business, and they accept, it’s basically a done deal. Unfortunately, that is far from the truth. The owner will now have to endure months of proving the business is worth that price through a process called “due diligence,” and in the end, they will often have to settle for a lower price – or not sell at all.
Join Melisa and Joe as they share the key areas of your business that pose a higher risk to derailing your sale as well as key documents and data you must have readily available. Understand how to implement best practices to ensure you are prepared for the due diligence process and preserve every dollar you know your business is worth.