AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Getting the Right Bankers for a 30-Day Diligence Process
Once you've gone through this whole diligence process, which takes 16 to 90 days, there was like three months of looking for bankers and figuring that part out. The longer the process takes, it is in the buyer's advantage that it take a long time. You really need a strong management team, a place we can continue to grow the business without you. And if you're gonna get over the coals, don't forget about non-competes.