
What You Don’t Understand About Buying a Small Business
Acquiring Minds · Will Smith
October 7, 202145m 43s
About this episode
Due diligence expert Elliott Holland shares the top things he wishes he’d known when he first started buying businesses.Themes from Elliott's interview:Started the due diligence firm he wished he’d had himselfFor LOIs, don’t let perfect be the enemy of the goodEarly information on an acquisition is +/- 40% correct (and that might be OK)The information you get post-LOI is what mattersDon’t be surprised if the seller doesn’t trust you right awayReach Elliott at:LinkedInGuardian Due DiligenceOfficial episode page & full show notes at AcquiringMinds.co:What You Don’t Understand About Buying a Small Business
Topics
entrepreneurshipentrepreneuronline businessSMBacquireacquisition