Financially Simple

In episode 34 of Financially Simple, Justin gives advice on Re-Trades. A Re-Trade is the Business buyer's equivalent of the old Bait and Switch. Justin explains what Re-Trades are and why buyers try to Re-Trade. He gives advice on how to avoid a Re-Trade as well as what to do if you find yourself in a Re-Trade scenario. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening!  TRANSCRIPT: The Re-Trade in a Business Sale… The Final Gotcha – Post #34   TIME INDEX: 00:30 - What Is a Re-Trade and How Can I Possibly Avoid It? 01:13 - What Is a Re-Trade? 02:12 - The Bait and Switch 04:23 - Bait and Switch in Business 05:25 - How to Avoid a Re-Trade Scenario 05:37 - Prepare Your Company 06:53 - Keep Projections Conservative 07:50 - Be Ready to Walk Away from the Table 08:38 - Check Out the Buyer Beforehand 09:21 - Never Procrastinate 10:04 - Timing, Timing, Timing 10:31 - What if You're in a Re-Trade Situation? 12:41 - In Summary For more in-depth reading about this podc