For New Sellers: How to Deal with Unsolicited Offer in Buying Your Business

If you get an email out of the blue expressing interest in buying your company, does this mean you have a buyer before you even knew you wanted one? Not quite. Channing Hamlet discusses what information to have at your fingertips and how to avoid a potential bait-and-switch marketing ploy. He discusses handling different situations, the importance of doing market research on your own company, understanding the marketplace and potential valuations so you can respond with knowledge rather than a gut reaction.

Learn More: 

• M&A Guide | The 4 Types of Buyers of Businesses
• How Long do Buyers of Businesses Stay in the Market?
• Business Valuation Methods in a Nutshell
• Letter of Intent

Additional Resources:

• Planning to sell your business? Schedule a free consultation today.
• Download a free PDF copy of The Art of The Exit: The Complete Guide to Selling Your Business and Acquired: The Art of Selling a Business With $10 Million to $100 Million in Revenue.
• Purchase your copy now of A Beginner’s Guide to Business Valuation | The Exit Strategy Handbook | Closing the Deal
• Contact Morgan & Westfield to request a free copy of Jacob Orosz's latest book, Food and Beverage M&A: An Insider’s Guide to Selling a Food or Beverage Manufacturing, Distribution, or Grocery Business.
• To suggest guests, topics, or questions for future podcast episodes, contact Morgan & Westfield.

Listen to Other Episodes: 

• Financial Due Diligence – Why It’s Important to Prepare for the Sale of Your Company
• How to Build Maximum Strategic Value in Your Business
• Maximizing Profits: Key Insights on Preparing a Company for Sale from an Experienced M&A Attorney