Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast #204 Top 5 Key Experts You NEED to Buy a Business in 2025
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May 30, 2025 Discover the essential experts you need when buying a business, from M&A attorneys to CPAs. Learn how these professionals help you avoid costly mistakes and facilitate quick funding. Dive into the importance of valuation experts to ensure you don’t overpay. Explore post-acquisition must-haves like bookkeeping and reliable insurance. Plus, find out about outsourcing customer service to streamline operations. If you’re gearing up for an acquisition in 2025, this is your ultimate checklist!
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Build Your Acquisition Team Early
- Build a strong team before buying a business to avoid losing deals.
- Start building your community early to access good deals quickly.
Use a Small Deal M&A Attorney
- Hire an M&A attorney experienced in smaller deals to handle NDAs, LOIs, and APAs efficiently.
- A specialized attorney helps speed up deals and prevents costly legal pitfalls.
Hire CPA for Financial Due Diligence
- Engage a CPA who can review financials, EBITDA, and conduct quality of earnings checks.
- This ensures you pay a fair price and avoid inflated or unsustainable financials.