This is a YouTube video titled "2 Key Pieces of Advice for Selling Your Business" containing a monologue or single-speaker talk recorded on May 30, 2024, providing advice to business sellers on negotiating and structuring deals effectively on MicroAcquire. The speaker discusses strategies for sellers to attract buyers by being open to negotiation and building good terms.
If you had to give, like, you know, people looking to sell businesses on microcquire, like two pieces of advice, what would it be? Here's one that would be interesting because I think a lot of acquirers out there, and this is for the sellers, but I'm going to start with the acquirers may not be as aggressive as I am. As an example, like, hey, let's put a deal together. Here's what I can do and here's what I can do, but let's figure out how to put a deal together, right? I like what your product is. So for a seller, I think if you're interested, if you're really interested in putting your business out there and selling your business, because particularly those that are just kind of hanging on and have already found a different project to work on, let somebody know you're willing to negotiate up front. Like, let somebody know this is what you. This is you're willing to build good terms in to attract someone to take it and do something really good with it.