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Some intermediaries only offer assistance till the deal closes. In this episode, we explore the complexities of cutoffs in business transactions, a critical aspect often overlooked by first-time sellers. We break down what happens at closing, from accounts payable to inventory cutoffs, and discuss how to handle the transition period smoothly. Whether you're a business owner planning to sell or a buyer looking to avoid post-closing surprises, this episode provides valuable insights to help you prepare.
By ICCGSome intermediaries only offer assistance till the deal closes. In this episode, we explore the complexities of cutoffs in business transactions, a critical aspect often overlooked by first-time sellers. We break down what happens at closing, from accounts payable to inventory cutoffs, and discuss how to handle the transition period smoothly. Whether you're a business owner planning to sell or a buyer looking to avoid post-closing surprises, this episode provides valuable insights to help you prepare.