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Questions You Should Be Prepared to Answer Before Buying (or Selling) a Small Business

Questions You Should Be Prepared to Answer Before Buying (or Selling) a Small Business

Released Thursday, 21st December 2023
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Questions You Should Be Prepared to Answer Before Buying (or Selling) a Small Business

Questions You Should Be Prepared to Answer Before Buying (or Selling) a Small Business

Questions You Should Be Prepared to Answer Before Buying (or Selling) a Small Business

Questions You Should Be Prepared to Answer Before Buying (or Selling) a Small Business

Thursday, 21st December 2023
Good episode? Give it some love!
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This episode is brought to you by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Oberle Risk Strategies⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: Insurance Broker and Insurance Due Diligence Provider for Search Funds and Other Small-to-Medium-Sized Businesses⁠⁠



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This episode is brought to you by ⁠⁠The Profit Line: The Outsourced Finance & Accounting Department for Small and Medium Sized Businesses⁠⁠



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Over many years of evaluating acquisition targets alongside searchers, I’ve found that certain questions tend to apply more often than not. I’ve presented each of these FAQs in today's episode, in hopes that they play a small role in how you structure your own due diligence process, and in turn how you think about the relative merits and risks of the opportunity in question. If you're a buyer, the list that follows can be thought of as a starting point for “Commercial Due Diligence 101”. If you're a seller, you should be prepared to address each of these questions and information requests if you're ever planning to sell your small to medium sized business. Please enjoy!

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