Any examples from searchers not noticing something in the site visit portion of diligence which would have saved major headaches down the road? I’d like to learn from your oversight if you are willing to share.
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Also, does the owner know the names of his team members? If you’re looking for an absentee owner, the might not happen, but I prefer business that have been well led by an owner who cares enough to know everyone’s name and role.
And do the employees smile? Or in someway show they like their job and company or are they just there for the paycheck. If a team is smiling and eager to show you what they do, you will have a lot more fun leading the company than if you acquire a business where everyone hates the place (for whatever reason). It’s a tough thing to change culture!