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What You Don’t Understand About Buying a Small Business

Due diligence expert Elliott Holland shares the top things he wishes he’d known when he first started buying businesses.

Themes from Elliott's interview:

Started the due diligence firm he wished he’d had himself

For LOIs, don’t let perfect be the enemy of the good

Early information on an acquisition is +/- 40% correct (and that might be OK)

The information you get post-LOI is what matters

Don’t be surprised if the seller doesn’t trust you right away

Reach Elliott at:

LinkedIn

Guardian Due Diligence

Official episode page & full show notes at AcquiringMinds.co:

What You Don’t Understand About…

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