Why Time Delays Can Derail Your Business Sale
Nov 25, 2024
How long should due diligence take when selling your business?
The answer might feel like “how long is a piece of string?” — but there’s a hidden danger lurking in the process that can derail your exit entirely.
It’s not poor financials. It’s not shifting market conditions.
It’s time delays.
A long and drawn-out due diligence process often kills deals before they’re even signed. But delays don’t always start there.
Procrastination by business owners, whether it’s hesitating to kick off exit planning or constantly firefighting day-to-day issues, steals valuable momentum.
I see it all the time.
Once you lose that momentum, months turn into years, and suddenly five years have flown by — leaving you back at square one.
#NextLevelGrowth #ExitLaunchpad
