Recently Domenic Rinaldi, Managing Partner of Sun Acquisitions was interviewed by Smart Business Dealmakers related to his more than 30 years of experience counseling businesses through mergers and acquisitions. The article covers topics ranging from when to, and when not to make capital expenditures, the risks of adjustments to the headcount, positions, and payroll during the listing and sale process, and the value an M&A professional can bring in identifying potential buyers.
In the article, Mr. Rinaldi outlines what a seller should expect during the listing process, including marketing plan, documentation the seller should have at the ready, and the duration of time it takes to list and sell a business. One key takeaway is the importance a 3rd party brings during the sale process, vetting and negotiating with a prospective buyer before the seller is disclosed and brought in. Having the right representative in place is reflected in the final price and terms of the sale.
The complete article is available on the web at: https://www.smartbusinessdealmakers.com/articles/topic/domenic-rinaldi-sun-acquisitions-selling-business-focus/