Acquisitions = Risky Business
November 25, 2025
by a professional in New York, NY, USA
When you buy a business, you are not just buying cash flow - you are buying risk.
That risk looks like:
Losing a key customer right after close
Inheriting a team that does not trust you as the new owner
Clients quietly leaving because their loyalty was really to the seller
Debt payments that do not care if this was a “transition year”
Most ETA / self-funded buyers see the upside - and they are right.
There is a ton of potential in buying a good small business.
But potential without a clear view of risk is how people end up:
Missing debt covenants
Scrambling to make payroll
Watching a “great deal” slowly die
That is where quality of earnings comes in.
At QOE Prep, we help you see the risk before you sign the purchase agreement, including things like:
Customer concentration - what happens if the top 1–2 walk?
Seasonality - does this business actually earn the same in Q1 as it does in Q4?
Cash collection issues - lots of “revenue,” not a lot of cash in the bank
Service line trends - which lines are growing, which are quietly shrinking?
Do you really understand the risks of the business you are buying - or are you just believing the story you are being told?
Email me at redacted or set up a call Calendly.com/qoeprep to discuss your next acquisition.
We have completed over 500 deals and help buyers like you buy companies at the right price.