Top 5 Biggest Mistakes when trying to sell a business

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October 22, 2025

by a professional from Bishop's University in Moncton, NB, Canada

***New Video Alert! Thinking about selling your small business now or maybe a few years down the road? In this week’s video, I’m breaking down the top five mistakes that quietly destroy business sales before they ever reach the finish line. We’ll talk about why sloppy books kill credibility with buyers and banks, how a “you-dependent” business scares off deals, and why waiting too long to prepare might mean missing your best shot at selling. Whether you’re planning to sell soon or someday, this one will help you see your business through a buyer’s eyes and avoid the traps that make good companies unsellable. Watch here: https://youtu.be/V-63WwII-TI Talk soon, David C. Barnett #smallbusiness #mergersandacquisitions #M&A
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