In this episode, Joe and Chandler discuss the due diligence period, a critical step in the business transaction process where buyers get the chance to verify a business's details before sealing the deal. -- 🔍 In This Video, You'll Discover: - The purpose and process of due diligence - How Robbins Pellegrino prepares sellers for due diligence - What sellers should expect and prepare for during this phase - Potential deal-breakers during due diligence and how to prevent them -- 💼 Why Watch? For business owners looking to sell, understanding the ins and outs of due diligence is essential to ensure a smooth and successful sale. This episode provides actionable insights on making the process as seamless as possible. -- 🔗 Connect with Us Visit our Website: www.robbinspellegrino.com Follow us on X: @rpsellsbusiness Instagram: @robbinspellegrino -- Thinking of selling your business? Contact Robbins Pellegrino for expert guidance through every step of the process. #SellMyBusiness #SellYourBusiness #BusinessAdvice #BusinessGrowth #BusinessBroker #ExitStrategy #ExitPlanning #Acquisitions #MergersAndAcquisitions #BusinessValuation #Valuation #DueDiligence

In this episode, Joe and Chandler explore the concept of holdbacks in business transactions. They break down what holdbacks are, why they're used, and how they benefit both buyers and sellers. Using real-world examples, they explain how holdbacks can help secure financing and ensure that a deal reaches the closing table. -- 🔍 In This Video, You'll Discover: - What a holdback is and how it's structured - The role of a holdback in securing SBA loans - Why holdbacks benefit both the buyer and the seller - Typical timeframes for holdback periods - Key examples of holdbacks in recent deals -- 💼 Why Watch? Understanding holdbacks is essential if you're planning to buy or sell a business. They provide protection and help facilitate successful transactions, especially in deals involving SBA loans. Chandler shares expert insights on how to navigate holdbacks for a smoother closing process. -- 🔗 Connect with Us Visit our Website: www.robbinspellegrino.com Follow us on X: @rpsellsbusiness Instagram: @robbinspellegrino -- Need advice on your business transaction? Contact Robbins Pellegrino today for expert guidance! #SellMyBusiness #SellYourBusiness #BusinessAdvice #BusinessGrowth #BusinessBroker #ExitStrategy #ExitPlanning #Acquisitions #MergersAndAcquisitions #BusinessValuation #Valuation

In this episode, Joe and Chandler dive into the current lending landscape for buyers and sellers of businesses. They discuss how the economy's changes are impacting the lending process, what buyers need to bring to the table, and why banks are tightening their requirements. -- 🔍 In This Video, You'll Learn: - The current state of business lending and how it's affecting deals - The importance of cash flow and industry experience in securing a loan - Why SBA loans are becoming more stringent and what you need to qualify - How outside collateral and seller financing can play a role in closing a deal - Creative solutions for navigating stricter lending requirements -- 💼 Why Watch? If you’re a business owner considering selling or a buyer looking to acquire, understanding the intricacies of business financing is crucial. This video will provide insights into the evolving lending landscape and help you prepare for a successful transaction. -- 🔗 Connect with Us Visit our Website: www.robbinspellegrino.com Follow us on: X: @rpsellsbusiness Instagram: @robbinspellegrino -- Thinking of buying or selling a business? Contact Robbins Pellegrino for personalized guidance on achieving your business goals. #SellMyBusiness #SellYourBusiness #BusinessAdvice #BusinessGrowth #BusinessBroker #ExitStrategy #ExitPlanning #Acquisitions #MergersAndAcquisitions #BusinessValuation #Valuation

In this episode, Joe and Chandler tackle a question they often get from sellers: What is an escrow deposit? Chandler shares real-world examples and breaks down how escrow deposits work, their purpose, and why the amount can vary so much from deal to deal. -- 🔍 In This Video, You'll Discover: - What an escrow deposit is and its role in a business sale - How escrow amounts are determined and why they vary - The significance of the due diligence period - Why Robbins Pellegrino doesn’t split the escrow money - How escrow agents and closing attorneys handle escrow funds -- 💼 Why Watch? If you're a business owner preparing to sell or a buyer looking to understand the finer details of the transaction process, this video is for you. Learn how escrow protects both parties, what to expect during due diligence, and how Robbins Pellegrino’s approach to escrow ensures a smooth closing process. -- 🔗 Connect with Us Visit our Website: www.robbinspellegrino.com Follow us on: X: @rpsellsbusiness Instagram: @robbinspellegrino -- Thinking of buying or selling a business? Contact Robbins Pellegrino for a personalized approach to achieving your business goals. #SellMyBusiness #SellYourBusiness #BusinessAdvice #BusinessGrowth #BusinessBroker #ExitStrategy #ExitPlanning #Acquisitions #MergersAndAcquisitions #BusinessValuation #Valuation