Once offers are submitted, you’ll typically review them with your advisors to evaluate:
- Valuation: Total price and payment structure (e.g., upfront cash, earn-outs, equity rollovers).
- Deal Terms: Conditions, contingencies, and warranties.
- Fit: Cultural alignment, especially if employee or legacy considerations are critical.
Negotiate a Letter of Intent (LOI) that outlines the agreed terms and expectations.
Screen potential buyers to assess:
- Financial capacity to close the deal.
- Strategic alignment with your business.
- Willingness to adhere to your terms and timeline.
- Questions to ask: