Successfully selling a small business is a unique and challenging project to say the least. The small business owner must have many things in place in order to have a high probability of an efficient transfer and exit from their own company.
Read MoreBuyers are very sensitive to such behavior, as they have seen it before, and they do not want to spend up to $10,000 in accounting and legal fees for due diligence, and three months of their own time, with a seller who ultimately does not want to move forward with a transaction. Thus, it's imperative for the seller to be responsive and react immediately to buyer requests.