Nervous about negotiating with potential buyers? We’ll coach you on getting the best deal…
By: A Staff Writer
Updated on: Oct 25, 2024
High-stakes negotiations are stressful. Founders lack experience, or may be too emotionally invested.
How to deal with the problem:
- Do your homework: Know your value, and market comparables.
- Be prepared to walk away: This gives you leverage in negotiations.
- Don’t undervalue intangibles: Customer base, brand, etc. have value beyond financials.
The right negotiation strategy maximizes the return on your years of hard work.