SMB "Green Flags"

We've got a big event later this afternoon here on Searchfunder: https://www.searchfunder.com/event/view/1263

While we wait for that conversation, here are 4 "green flags", or things that tend to make deals go smoothly, courtesy of Jarryd Osborne and Jared W Johnson from our conversation a few weeks ago:

Green Flag 1: Good Brokers

An experienced broker actively involved in the transaction can guide both parties through potential obstacles, manage expectations, mitigate issues, and facilitate clear communication.

Green Flag 2: Responsive Buyers

A responsive and diligent buyer who shows genuine interest and enthusiasm can significantly expedite a deal. “If I’m asking for something and then they’re giving it to you right away … usually the deal's going to get done.”

Green Flag 3: Positive Attitudes

Respect and gratitude toward those involved in the transaction are also important. “[when buyers are] super nice… so many people involved in the transaction are willing to go the extra mile to try to keep the deal on track.”

Green Flag 4: Motivation

Strong motivation from both the seller is another green flag in a business acquisition. By asking some questions up front, “you can start determining if they’re really just testing the market.” This saves time and effort in the long run.