Founder's Guide Post

Considerations When Selling Your Business


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On today's show we have Mike Patterson to talk about considerations when selling your business. Mike Patterson is an Arizona Attorney that specializes in Mergers and Acquisitions.

Making sure that you are able to exit your business with all the chips on the table is crucial. In this episode Mike explains the entire due diligence process that a buyer will take including:

  • Are all employee's getting paid market rate?
  • Does this business have any long term commitments to contractors?
  • What are the owners personal guaranty's?
  • and a lot more

Understanding the mind of a buyer can help you make adjustments in the company before you sell, which will overall increase the sale price of your business. Ensure that you walk away from your business after building it for so many years with the confidence that your business is in the right hands.

What You'll Learn:

  • How to find the right attorney to help you with your exit
  • What role an attorney plays in the M&A game
  • The engagement you should expect with you attorney

The Founders Guidepost provides conversations with experts to help you, the Founder, have a more successful exit from your business, to help preserve your American Success story.

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Founder's Guide PostBy Armando Roman