Searchers! 4 ways to increase your chances of securing great deals:

Searchers! Lately, I've spoken with a lot of folks missing out on some great business deals, and I wanted to share a few pointers on how to avoid that.

Here are 4 steps to increase your chances of securing great deals: 1. Jump on New Listings ASAP Get in Touch Fast: Found a cool listing? Don't sit on it. Call or email the broker the same day to get the scoop and sign any NDAs needed to get more info. 2. Review and Decide Quickly Quick Look-Over: Try to go through the info they give you, like the company's details, within a day or two. Show Your Interest: If you're still into it after looking through everything, let the broker know you're thinking about making an offer. This is the time to get into the nitty-gritty and ask all your questions. It's all casual at this point, but it shows you mean business. 3. Lock It Down Aim for an LOI: Your goal should be to get the deal under a Letter of Intent (LOI) or some exclusivity agreement. This gives you the breathing room to do a deep dive into the business without the rush. 4. Once your in LOI (take your time!) Do Your Homework: take your time to really dig into the business###-###-#### days). This is your chance to catch anything that might be off before you purchase the business. I recommend either you or someone on your team conduct comprehensive financial operational and legal DD.

If your feeling overwhelmed or stuck in your search process shoot me a note I love connecting with this community.