Join Brandon Bourgeois and Chris Sater as they delve into the intricacies of analyzing a business for sale. This episode provides a comprehensive guide for buyers and sellers, covering everything from initial inquiries to the LOI phase. Learn how to set the right tone with brokers, understand financials, and align your goals for a successful acquisition. Whether you're a seasoned buyer or new to the process, this episode is packed with insights to help you navigate the complex world of business transactions. Don't miss out on expert tips and strategies to make your next deal a success!

In this episode of the Steps To Sold Podcast, Brandon Bourgeois and Christopher Sater discuss the evolving landscape of business acquisitions, focusing on what buyers are truly looking for in today's market. They explore the importance of predictable cash flow, scalability, and clean financials, as well as the dynamics of deal structure and the due diligence process. The conversation emphasizes the need for sellers to think like buyers and prepare their businesses for sale by ensuring transferability and transparency. The hosts also address post-close expectations and the significance of effective transition strategies.

In this episode of the Steps to Sold Podcast, hosts Brandon Bourgeois and Chris Sater delve into the complexities of business offers, exploring the often fantasized 'golden ticket' offer that sellers dream of. They discuss the realities of what sellers truly want, the importance of preparation, and the role of financing in business sales. The conversation highlights the significance of clear communication, due diligence, and understanding the structure of offers. Listeners are encouraged to recognize the myths surrounding business sales and to approach offers with a pragmatic mindset, ensuring that both buyers and sellers are prepared for the transaction process.