Ryan Doyle, a searcher with a finance background, and Heather Anderson, co-director of Sponsor Finance for Search Fund Lending, delve into critical pitfalls for business buyers. They highlight eight major warning signs of a bad investment, including overvaluation and unsustainable margins. Ryan shares his list of time killers that can derail searches, while Heather discusses the challenges of financing smaller firms. Together, they emphasize the importance of due diligence and understanding market dynamics to avoid costly mistakes.
