86: How to Prepare for Sell Side Diligence - Jeffrey Ford, Grossman Yanak + Ford

This episode focuses on what it takes to get a business ready for a sale, and how business owners can prepare for what might be one of the most important days of your life. Laurie Barkman hosts Jeffrey Ford, a Founding Partner at Grossman Yanak + Ford, a regional certified public accounting and consulting firm. They talk about the importance of having a transferable business, and how to address risks to protect your sell price. Listen in as they discuss what can derail the sell side process and how to prepare for sell side diligence. Listen in to learn more about: Sell-side insights for business owners thinking of selling at some point What the buyer's team looks for to drive down your selling price between the Letter of Intent and the transaction  Conversely, how the business owner can prepare and take the time with a thoughtful, introspective approach  Assembling a capable deal team philosophically aligned with the business owner, that will pay off significantly in the process   Show Links: Grossman Yanak + Ford website: www.gyf.com Email Jeff Ford, Partner GYF at [email protected]   About Succession Stories Podcast Succession Stories is hosted by Laurie Barkman, the Business Transition Sherpa-- guiding business owners through the process from "transition to transaction." Learn more at https://smalldotbig.com  Book a 1:1 Advisory call at: www.meetlauriebarkman.com [email protected]   We appreciate your support...subscribe, share, and post a review to share what you like about the show!     Is this the year to sell your company? Don't leave your exit to chance. Stony Hill Advisors works with owners like you to get ready and maximize value when you're ready to sell. Visit www.stonyhilladvisors.com/podcast for a complimentary business valuation.