<description>&lt;div class="OutlineElement Ltr SCXW55711653 BCX0"&gt; &lt;p class="Paragraph SCXW55711653 BCX0"&gt;&lt;span class= "NormalTextRun SCXW55711653 BCX0"&gt;Most business owners assume their buyer will be a private equity group or a strategic acquirer. But if you run a smaller business in a niche category, the person most likely to buy you is an individual — someone who likes what you've built, can see a path to improve it, and is willing to put their own name on the line to finance the deal.&lt;/span&gt;&lt;span class= "EOP SCXW55711653 BCX0" data-ccp-props= "{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/div&gt; &lt;div class="OutlineElement Ltr SCXW55711653 BCX0"&gt; &lt;p class="Paragraph SCXW55711653 BCX0"&gt;&lt;span class= "TextRun SCXW55711653 BCX0" lang="EN-CA" xml:lang="EN-CA" data-contrast="auto"&gt;&lt;span class= "NormalTextRun SCXW55711653 BCX0"&gt;This week on Built to Sell Radio, Joe Soelberg joins the Inside the Mind of an Acquirer series to pull back the curtain on what that kind of buyer &lt;/span&gt;&lt;span class= "NormalTextRun AdvancedProofingIssueV2Themed SCXW55711653 BCX0"&gt;actually looks&lt;/span&gt;&lt;span class= "NormalTextRun SCXW55711653 BCX0"&gt; like — and what it means for you as a seller. Listen and you discover how to:&lt;/span&gt;&lt;/span&gt;&lt;span class="EOP SCXW55711653 BCX0" data-ccp-props="{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/div&gt; &lt;div class="ListContainerWrapper SCXW55711653 BCX0"&gt; &lt;ul class="BulletListStyle1 SCXW55711653 BCX0" role="list"&gt; &lt;li class="OutlineElement Ltr SCXW55711653 BCX0" role="listitem" aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props= "{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"multilevel"}" data-aria-posinset="1" data-aria-level="1"&gt; &lt;p class="Paragraph SCXW55711653 BCX0"&gt;&lt;span class= "NormalTextRun SCXW55711653 BCX0"&gt;spot the tells of a real buyer versus "capital partners" theater&lt;/span&gt;&lt;span class= "EOP SCXW55711653 BCX0" data-ccp-props= "{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/li&gt; &lt;/ul&gt; &lt;/div&gt; &lt;div class="ListContainerWrapper SCXW55711653 BCX0"&gt; &lt;ul class="BulletListStyle1 SCXW55711653 BCX0" role="list"&gt; &lt;li class="OutlineElement Ltr SCXW55711653 BCX0" role="listitem" aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props= "{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"multilevel"}" data-aria-posinset="2" data-aria-level="1"&gt; &lt;p class="Paragraph SCXW55711653 BCX0"&gt;&lt;span class= "NormalTextRun SCXW55711653 BCX0"&gt;pressure-test proof of funds without turning it adversarial&lt;/span&gt;&lt;span class= "EOP SCXW55711653 BCX0" data-ccp-props= "{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/li&gt; &lt;/ul&gt; &lt;/div&gt; &lt;div class="ListContainerWrapper SCXW55711653 BCX0"&gt; &lt;ul class="BulletListStyle1 SCXW55711653 BCX0" role="list"&gt; &lt;li class="OutlineElement Ltr SCXW55711653 BCX0" role="listitem" aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props= "{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"multilevel"}" data-aria-posinset="3" data-aria-level="1"&gt; &lt;p class="Paragraph SCXW55711653 BCX0"&gt;&lt;span class= "NormalTextRun SCXW55711653 BCX0"&gt;use a seller note as a credibility filter, not just a concession&lt;/span&gt;&lt;span class= "EOP SCXW55711653 BCX0" data-ccp-props= "{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/li&gt; &lt;/ul&gt; &lt;/div&gt; &lt;div class="ListContainerWrapper SCXW55711653 BCX0"&gt; &lt;ul class="BulletListStyle1 SCXW55711653 BCX0" role="list"&gt; &lt;li class="OutlineElement Ltr SCXW55711653 BCX0" role="listitem" aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props= "{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"multilevel"}" data-aria-posinset="4" data-aria-level="1"&gt; &lt;p class="Paragraph SCXW55711653 BCX0"&gt;&lt;span class= "TextRun SCXW55711653 BCX0" lang="EN-CA" xml:lang="EN-CA" data-contrast="auto"&gt;&lt;span class= "NormalTextRun SCXW55711653 BCX0"&gt;understand why individual buyers consistently misread the cash down, seller note, &lt;/span&gt;&lt;span class= "NormalTextRun SCXW55711653 BCX0"&gt;bank structure&lt;/span&gt;&lt;span class= "NormalTextRun SCXW55711653 BCX0"&gt; and how to use that to your advantage&lt;/span&gt;&lt;/span&gt;&lt;span class="EOP SCXW55711653 BCX0" data-ccp-props= "{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/li&gt; &lt;/ul&gt; &lt;/div&gt; &lt;div class="ListContainerWrapper SCXW55711653 BCX0"&gt; &lt;ul class="BulletListStyle1 SCXW55711653 BCX0" role="list"&gt; &lt;li class="OutlineElement Ltr SCXW55711653 BCX0" role="listitem" aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props= "{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"multilevel"}" data-aria-posinset="5" data-aria-level="1"&gt; &lt;p class="Paragraph SCXW55711653 BCX0"&gt;&lt;span class= "NormalTextRun SCXW55711653 BCX0"&gt;ask questions that surface risk early, before lawyers get involved&lt;/span&gt;&lt;span class= "EOP SCXW55711653 BCX0" data-ccp-props= "{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/li&gt; &lt;/ul&gt; &lt;/div&gt;</description>

Built to Sell Radio

John Warrillow

Ep 535 Inside the Mind of an Acquirer: When Your Buyer Is Risking Their House

FEB 27, 202676 MIN
Built to Sell Radio

Ep 535 Inside the Mind of an Acquirer: When Your Buyer Is Risking Their House

FEB 27, 202676 MIN

Description

Most business owners assume their buyer will be a private equity group or a strategic acquirer. But if you run a smaller business in a niche category, the person most likely to buy you is an individual — someone who likes what you've built, can see a path to improve it, and is willing to put their own name on the line to finance the deal. This week on Built to Sell Radio, Joe Soelberg joins the Inside the Mind of an Acquirer series to pull back the curtain on what that kind of buyer actually looks like — and what it means for you as a seller. Listen and you discover how to: spot the tells of a real buyer versus "capital partners" theater pressure-test proof of funds without turning it adversarial use a seller note as a credibility filter, not just a concession understand why individual buyers consistently misread the cash down, seller note, bank structure and how to use that to your advantage ask questions that surface risk early, before lawyers get involved