{"id":3140,"date":"2021-06-30T20:23:07","date_gmt":"2021-06-30T20:23:07","guid":{"rendered":""},"modified":"2024-03-26T17:09:08","modified_gmt":"2024-03-26T17:09:08","slug":"how-to-achieve-high-buyer-success-rates","status":"publish","type":"post","link":"https:\/\/www.sunbeltcanada.com\/atlantic\/how-to-achieve-high-buyer-success-rates\/","title":{"rendered":"How to Achieve High Buyer Success Rates"},"content":{"rendered":"
\"\"<\/p>\n

Both buyers and sellers have a lot of emotion wrapped up in their respective decisions. It\u2019s completely natural to feel that way. Business Brokers and M&A Advisors can assist clients with their concerns and fears by giving them more information about how the sales process works and also discussing common pitfalls to avoid. In this article, we\u2019ll go over some of the various issues impacting buyers. If you are able to anticipate potential issues that could interfere with the deal, you\u2019ll be more likely to be able to overcome those issues.\u00a0<\/span><\/p>\n

The Initial Intake Process\u00a0<\/b><\/p>\n

Buyers should understand that they will need to sign an NDA and treat the non-disclosure process seriously. Brokers representing a seller will be requiring a good deal of information, including financial details, and often even your resume. So don\u2019t be surprised when you\u2019re asked for this information. It\u2019s all a normal part of the process.\u00a0<\/span><\/p>\n

The Lending Process<\/b><\/p>\n

It\u2019s important to realize ahead of time that the lending process can be slow. It is also very common for lenders to ask for more and more information before the approval goes through. If this happens to you, don\u2019t panic or worry. This too is a standard method of operation.\u00a0<\/span><\/p>\n

Working with Lawyers\u00a0<\/b><\/p>\n

While lawyers are obviously necessary in the process of buying and selling a business, they can also be a source of anxiety. In their efforts to protect their clients, they also can often kill a deal. Of course, get the facts and logistical information that you need from a lawyer, but always remember that lawyers and other business advisors are not the decision makers. If you\u2019re buying a business, the decision is ultimately yours.\u00a0<\/span><\/p>\n

The Non-Binding Offer\u00a0<\/b><\/p>\n

A non-binding offer allows both the buyer and seller to walk away from a deal if terms cannot be agreed upon in a set amount of time. A non-binding offer shows the seller that the buyer is interested in acquiring the business, but this form of agreement isn\u2019t legally binding. The benefit of the non-binding offer is that it allows discussions and negotiations to move forward.\u00a0\u00a0<\/span><\/p>\n

The Due Diligence Process<\/b><\/p>\n

The due diligence process is another aspect that allows the buyer to move forward, while simultaneously having protection. At this point, the buyer will receive confidential and sensitive information about a business, such as the financials, inventory, and legal matters. Buyers will also have the ability to conduct additional research and ask the sellers questions. Like the non-binding offer, the due diligence process also means that you have the right to walk away. It is important to have this step available so that buyers can make the most informed decisions possible.<\/span><\/p>\n

Business brokers and M&A advisors are essential in order to help buyers find the best fit. We not only save our buyers time and energy, but\u00a0 we also help to ensure that the transaction goes as smoothly as possible.<\/span><\/p>\n

Copyright: Business Brokerage Press, Inc.<\/a><\/p>\n

cclimj\/BigStock.com<\/a><\/p>\n

The post How to Achieve High Buyer Success Rates<\/a> appeared first on Deal Studio – Automate, accelerate and elevate your deal making<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Both buyers and sellers have a lot of emotion wrapped up in their respective decisions. It\u2019s completely natural to feel that way. Business Brokers and M&A Advisors can assist clients with their concerns and fears by giving them more information about how the sales process works and also discussing common pitfalls to avoid. In this article, we\u2019ll go over some of the various issues impacting buyers. If you are able to anticipate potential issues that could interfere with the deal, you\u2019ll be more likely to be able to overcome those issues.\u00a0 The Initial Intake Process\u00a0 Buyers should understand that they\u2026<\/p>\n","protected":false},"author":105,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-3140","post","type-post","status-publish","format-standard","hentry","category-seller-articles"],"blocksy_meta":"","yoast_head":"\nHow to Achieve High Buyer Success Rates - Sunbelt Canada Atlantic<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Achieve High Buyer Success Rates\" \/>\n<meta property=\"og:description\" content=\"Both buyers and sellers have a lot of emotion wrapped up in their respective decisions. It\u2019s completely natural to feel that way. Business Brokers and M&A Advisors can assist clients with their concerns and fears by giving them more information about how the sales process works and also discussing common pitfalls to avoid. In this article, we\u2019ll go over some of the various issues impacting buyers. 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