In this episode with Michelle and Stacey - talking all things small business, Michelle and Stacey break down what due diligence actually means when selling a business, why it matters, and how being prepared can make or break your sale.
Using real-world examples and practical advice, they explain:
- How to protect the value of your business during a sale
- Why employee management is critical before and after the deal
- What buyers look for during due diligence
- The importance of strong contracts, legal advice and tax planning
- How to avoid taking your eye off the business while negotiating
- Why negotiation strategy can make or cost you thousands
If you’re thinking about selling your business now or in the future, this episode will help you understand the common traps and how to prepare for a smoother, more successful sale.
