Tip #81 – Buyers And Lenders Will Want As Much Detail As Possible To make A Decision.

Too Much InformationIn order to sell their company, business owners must disclose certain basic information such as Financial Statements and Tax Returns.

And sometimes buyers will request additional information which will require the business owner to spend much more time accumulating that data.

But wait there’s more! After an offer is accepted, business owners must be prepared to go through the due diligence process sharing many more details with the buyer and any lenders for full disclosure and to verify the financials.


Michael MarksMichael Marks, creator of Toons ‘n Tips, is a Certified Business Intermediary (CBI) and has over thirty-six years of business experience and ownership. He is a licensed real estate broker in the state of Colorado and has been selling businesses for over eighteen years. Michael has taken up cartooning as a hobby in recent years and has found that by using those skills, along with his extensive business experience, he has been able to create the Toons ‘n Tips drip marketing service for clients all over the country. Find out more about Michael at www.toonsntips.com.
2015-12-01T14:55:24+00:00 December 1st, 2015|Maximizing Business Value|