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Selling a Business: 9 Reasons the Sale of Your Business May Fail
Selling a business is a major milestone for many entrepreneurs, but the process is rarely simple. In this podcast episode, we explore nine common reasons why business sales fail and what Canadian business owners can do to avoid these costly pitfalls. From unqualified buyers to financial discrepancies discovered during due diligence, we discuss how small issues can quickly derail what should be a successful transaction.We also examine some of the most overlooked challenges during the sale process, including poor record keeping, lack of succession planning, unrealistic financing expectations…
The skinny
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