6 Things that could be Surprises to Sellers

Here are the 6 (& a bonus!) we talk through:The Length of the Deal Negotiations - M&A deals can take weeks, months, and even years to closeThe Complexity of the Process - Due diligence, legal paperwork, lien releases need to be completed.Quality of Earnings detail: 1-2 months of an intensive auditA debt free transaction and having adequate working capitalLegal implication of an asset purchase: terminating employees and rehiring them, notifying customers of the transaction and a change of controlWhat’s in LOI will change(Bonus) Emotional impact of going aloneListen to Shoot the Moon on Apple Podcasts or Spotify.