In this episode of the Steps To Sold Podcast, Brandon Bourgeois and Chris Sater discuss the critical topic of knowing when to walk away from a business deal, even if the price seems right. They explore various red flags that buyers and sellers should be aware of, including financial issues, operational chaos, and the importance of communication and transparency. The conversation emphasizes the role of brokers in guiding clients through the deal-making process and highlights the impact of lifestyle expectations on negotiations. Additionally, the hosts delve into the complexities of family dynamics in business transactions and the significance of integrity in closing deals.

In this episode of the Steps to Solve podcast, Brandon Bourgeois and Christopher Sater discuss the critical aspects of preparing a Letter of Intent (LOI) in business acquisitions. They emphasize the importance of asking the right questions before submitting an LOI, understanding the seller's perspective, and navigating due diligence timelines. The conversation also covers the significance of exclusivity clauses and how to protect value during the LOI process. Real-world examples illustrate the importance of effective communication and negotiation in deal-making.

In this episode of the Steps To Sells Podcast, hosts Brandon Bourgeois and Christopher Sater delve into the often misguided advice that can hinder business transactions. They discuss how well-meaning suggestions from friends and family can lead to costly mistakes, particularly in the emotional landscape of buying or selling a business. The conversation emphasizes the importance of filtering advice through a lens of expertise and market knowledge, rather than relying solely on personal connections. They share anecdotes illustrating the pitfalls of waiting for a better offer, the dangers of withholding information from buyers, and the necessity of transparency in negotiations. The hosts advocate for a balanced approach to advice, encouraging listeners to trust professionals who understand the intricacies of business transactions while remaining cautious of unsolicited opinions that may not align with their best interests.