Finding the Right Buyer

Boss Talk: Selling Businesses with Jim Parker and Carey Sobel | EP 25 | Finding the Right Buyer

Link to video podcast episode: https://youtu.be/NftfxLebZj4  

💼 Welcome to Boss Talk: Selling Businesses with Jim Parker and Carey Sobel! Learn about the world of business brokerage on this video podcast. These two powerhouse brokers talk real talk about how to sell and buy, and it's far, far deeper than balance sheets and financing. Let's dive in!  

🎙️ In this episode of Boss Talk, Jim and Carey cover the crucial topic of 'Finding the Right Buyer' from a seller's perspective. They break down the key factors that influence choosing the ideal buyer into three categories: working with people you like, finding a buyer that offers the best chance to close, and identifying a buyer for the long term. Through real-world examples and personal experiences, they discuss how emotional attachment, cultural fit, communication styles, and financial qualifications play pivotal roles in the selling process. 

Whether it's seller financing, equity rollover, or post-closing transitions, this episode offers invaluable insights for sellers looking to find not just any buyer, but the right one. 

Stay tuned to the next series of Boos Talk, coming soon! 🎯

📌 Business owners, if this content resonated with you, feel free to contact Boss Group International for any inquiries or to get started with a Broker’s Opinion of Value. We're here to serve you and ensure your business goals are met with excellence.

🌐 For more information on selling your business, visit https://www.bossgi.com  

👉 Subscribe for the latest from Boss Talk: Selling Businesses with Jim Parker and Carey Sobel   @ListenToBossTalk  Leave us a comment, like, and share! We welcome your feedback! Let us know if there is a topic that's on your mind, and if you would like us to cover it in a future episode. 

Catch up on past episodes here: https://www.youtube.com/playlist?list=PL6P2KZ69USp7uXhVKINeFL6IzcV9dr0fa 

00:00 Introduction and Episode Overview
00:40 Choosing the Right Buyer: People You Like
01:47 Cultural Fit and Communication
06:12 Buyer-Seller Relationship Dynamics
13:05 Evaluating Buyer Experience and Financial Capability
22:28 Handling Multiple Offers and Buyer Behavior
23:35 Buyer Preparedness and Professionalism
24:03 Negotiation Strategies During Due Diligence
25:18 The Importance of Synergy Between Buyer and Seller
28:00 Understanding Equity Rollover
31:51 Seller's Perspective on Business Growth and Retirement
35:07 Finding the Right Buyer for Long-Term Success
40:41 Final Thoughts and Advice for Sellers

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