Preparing your business for sale is critical for success. Patrick O’Connell works with buyers during a transaction to perform financial due diligence (FDD). He joins M&A Talk to explain the FDD process and give advice to sellers on how best to prepare their company for sale from a financial perspective. He discusses the issues that come up during diligence, who is involved in the process, and the biggest mistakes sellers make, and gives perspective on what a buyer looks at during financial due diligence.

View the complete show notes for this episode.

Learn More:

• Tips on Preparing Your Business for Sale
• 3 Simple Things to Look for When Hiring a CPA
• M&A Due Diligence | Checklist & Overview
• Preparing Financial Statements When Selling a Business

Additional Resources:

• Download a free PDF copy of The Art of The Exit: The Complete Guide to Selling Your Business.
• Purchase your copy now of A Beginner’s Guide to Business Valuation | The Exit Strategy Handbook | Closing the Deal | Acquired
• Planning to sell your business? Schedule a free consultation today.
• To suggest guests, topics, or questions for future podcast episodes, contact Morgan & Westfield.
• Contact Morgan & Westfield to request a free copy of Jacob Orosz's latest book, Food and Beverage M&A: An Insider's Guide to Selling a Food or Beverage Business.

Listen to Other Episodes: 

• Everything Sellers Need to Know About Financial Due Diligence 
• Quality of Earnings in M&A Explained in 30 Minutes 
• An Introduction to Financial Due Diligence for Sellers