How Being Prepared for Due Diligence Can Help Sell Your Business

About the Episode

How can preparing for due diligence help sell your company? Will being prepared actually help close the deal? Rosco Graves, an accountant and due diligence expert, shares his insights into why preparing for due diligence is crucial to a smooth sale process.

“The more prepared you are in due diligence, the easier it will be.”

Rosco Graves

What You’ll Learn

  • Preparing for Due Diligence: Learn about the myths and realities about the due diligence process that sellers should be aware of.
  • Finding Your Buyer: Learn how the type of buyer (strategic, private equity, lifestyle) impacts the due diligence process.
  • Coping with Challenges: Consider the common challenges that can arise during due diligence and strategies to address them

“If you are trying to sell your business to a private equity buyer, a lack of preparedness for due diligence is likely to get you passed over a couple of times.”

Rosco Graves

Topics Covered

How prepared are sellers typically for due diligence? [2:41]
How do different types of buyers approach due diligence? [5:55] 
How does a buyer approach due diligence? [20:10]
How long does the due diligence process usually take? [24:53]
Tips to sellers going into due diligence. [30:52]
What sort of issues can come up in due diligence that might kill a deal? [37:02]

Want More? Related Resources: 

Meet Our Guest

Rosco Graves

Rosco Graves

Managing Director at Polaxis | Dallas, USA

Rosco Polaxis has more than 20 years of experience in leading strategic planning, M&A, operational finance, and internal controls at industry-leading companies. He uses his knowledge to partner with small and medium-sized organizations to maximize growth opportunities and increase value. 

Selling Your Business?

Work with an industry leader that gets you results.

We invested over a decade perfecting every step of the process. The result is a method proven to reduce your risk and maximize your price.

View Our Process Now

Any questions about selling your business?