6 Things that could be Surprises to Sellers

<p>Here are the 6 (& a bonus!) we talk through:</p><ol><li>The Length of the Deal Negotiations - M&A deals can take weeks, months, and even years to close</li><li>The Complexity of the Process - Due diligence, legal paperwork, lien releases need to be completed.</li><li>Quality of Earnings detail: 1-2 months of an intensive audit</li><li>A debt free transaction and having adequate working capital</li><li>Legal implication of an asset purchase: terminating employees and rehiring them, notifying customers of the transaction and a change of control</li><li>What’s in LOI will change</li><li>(Bonus) Emotional impact of going alone</li></ol><p>Listen to Shoot the Moon on <a href="https://podcasts.apple.com/us/podcast/shoot-the-moon-with-revenue-rocket/id1478519505">Apple Podcasts</a> or <a href="https://open.spotify.com/show/6y7u9KuOjaplhScHtINGZU">Spotify</a>.</p>