Remove Bidding Remove Due Diligence Remove Exit Strategy
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How to Sell Your Business to a Competitor: Maintain Anonymity & Achieve Your Ideal Exit

Axial

The LOI presents a specific bid for your company, along with the steps to finalize the deal. While its not a purchase agreement, it’s a significant commitment, where you as a business owner agree to give the buyer an exclusive time window (usually around 90 days) to conduct their due diligence and to close the deal.

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Business Exit Planning: Set and Meet Your Exit Goals

Axial

Launching your exit: Share marketing materials with potential buyers and initiate conversations with interested parties. Executing a Letter of Intent (LOI) and closing the deal: Execute an LOI with a single buyer, engage in the due diligence process, and finalize the deal.

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Small Business Exit Strategy: How to Exit Your Business Through an M&A Process

Axial

There are several types of exit strategies for small businesses, each requiring careful planning. In this post, we focus on developing an exit strategy to sell your business through the mergers and acquisitions (M&A) process. They need to confirm your commitment to exiting.

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How to Sell My Healthcare Business

Axial

As you progress in your exit strategy, make sure your licences are up to date and transferable when appropriate so the new owner can continue operating the business after you step away. Proven ability to progress potential buyers from initial interest to submitted bids.

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Strategic vs. Financial Buyers: Find the Right Buyer for Your Exit

Axial

Out of those 12 potential buyers, the highest bid came from a private equity firm (a financial buyer) , not a strategic buyer. They chose a strategic buyer that knew the ins and outs of the business and did a significant amount of due diligence before submitting their LOI. But the SunPro/Peakstone team didnt take that offer.