Financially Simple

Preparing for the Unexpected - Reasons a Buyer Backs Out of the Sale of a Business

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Sinopsis

In episode 35 of Financially Simple, Justin considers disruptions that could happen at the last minute of a sale that could derail the process. You're in the final stretch of the sales process of your Business when the unexpected happens and the entire sale is thrown into uncertainty! Justin looks at the possibility of disruptions happening at the last minute, what the causes might be, and how to go about solving the issue to get the sale back on track. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! TRANSCRIPT: 4 Common Reasons a Buyer Backs Out of the Sale of a Business – Post #35   TIME INDEX: 00:31 - Preparing for the Unexpected - The Disruptions Just Before the Close 00:53 - Last Minute Disruptions 01:01 - The Bad 02:07 - The Good 03:43 - Last Minute Changes Can Happen 04:04 - Financial 05:23 - Disgruntled Parties 06:25 - Waiting on Approvals from Third Parties 06:48 - It's a Dead Deal 08:13 - What to Do if the Unexpected Occurs 08:18 - Reduce the Pu