Post Close: The End Of The Book, But Not The Adventure (EP.41)
Sep 23, 2019
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The hosts conclude the discussion on selling a business, emphasize the importance of understanding different aspects, and offer ongoing support for inquiries.
Due diligence is a crucial process in selling a business, involving a thorough examination of every aspect of the business to ensure the buyer verifies its truthfulness before making an investment.
The book aims to provide sellers with a valuable reference to navigate buyer-seller interactions and understand jargon, leveling the playing field and offering assistance through their website and social media.
Deep dives
Key Points and Insights about Due Diligence
The final part of the book focuses on due diligence, which is a crucial process in selling a business. Due diligence involves a thorough examination of every aspect of the business, including corporate organization, contracts, health care, HR, and insurance. The authors emphasize the importance of sellers understanding and preparing for this process to ensure the buyer verifies the truthfulness of the business before making a significant investment. The book aims to provide a detailed checklist and valuable reference to support sellers through the due diligence process.
The Value of the Book in Seller-Buyer Interactions
The book aims to help sellers navigate the complex world of selling a business, particularly in relation to buyer-seller interactions and the utilization of jargon. It seeks to level the playing field by providing sellers with a reference to better understand and respond to questions and negotiations. The authors express their willingness to assist and answer questions through their website and social media, as they appreciate the readers' engagement and hope that the book has been valuable and useful in their journey.
We wrote The Messy Marketplace to make sure you, the seller, are prepared and equipped for the opportunities and challenges of selling your business. In this discussion, Brent Beshore and Emily Holdman briefly summarize the resources contained in the book and invite you to connect with adventur.es to continue the conversation!
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