Eric Gall was this week's guest on Success Profiles Radio. He is the founder of Edison Business Advisors and has over 25 years in the Mergers & Acquisitions space. He helps people buy and sell businesses, value their businesses, and prepare for an exit.
We discussed reasons why people sell their businesses, what is needed in order to properly prepare for the sale, how to value your business correctly, and what sellers actually want in the sale (cash vs terms).
In addition, we talked about the biggest mistakes people make when selling their businesses and the importance of not co-mingling business and personal accounts.
Finally, we discussed the process of buying a business, how to get funding, and his favorite case studies of successful clients.
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