11min chapter

M&A Talk (Mergers & Acquisitions), by Morgan & Westfield cover image

How To Buy A Good Business At A Great Price

M&A Talk (Mergers & Acquisitions), by Morgan & Westfield

CHAPTER

Making Informed Decisions in Buying a Business

This chapter emphasizes the importance of independent appraisals, defensible valuations, and due diligence in the process of purchasing a business. It discusses the involvement of professionals, industry research, and the significance of setting criteria for a business purchase. The speakers stress the value of making informed decisions even if the business isn't perfect, learning through ownership, and taking calculated risks in entrepreneurship.

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