Acquiring Minds

What You Don’t Understand About Buying a Small Business


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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 himself
  • For LOIs, don’t let perfect be the enemy of the good
  • Early information on an acquisition is +/- 40% correct (and that might be OK)
  • The information you get post-LOI is what matters
  • Don’t be surprised if the seller doesn’t trust you right away

Reach Elliott at:

  • LinkedIn
  • Guardian Due Diligence

Official episode page & full show notes at AcquiringMinds.co:

  • What You Don’t Understand About Buying a Small Business
...more
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Acquiring MindsBy Will Smith

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