Some intermediaries only offer assistance till the deal closes. In this episode, we explore the complexities of cutoffs in business transactions, a critical aspect often overlooked by first-time sellers. We break down what happens at closing, from accounts payable to inventory cutoffs, and discuss how to handle the transition period smoothly. Whether you're a business owner planning to sell or a buyer looking to avoid post-closing surprises, this episode provides valuable insights to help you prepare.
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At ICCG, we believe we have the capability to provide wise counsel for you when buying, selling, or transitioning a business. Every transaction is different. Your unique goals and business requires the counsel of those that will listen, ask the right questions, and are capable to plan to accomplish those goals. Plans shouldn’t be made in isolation, so come sit at our table and see what the right plan is for you.
In this video series Dave and Grant along with guests will provide basic education when it comes to basic business, transactions, and M&A advisory. This is not meant to be comprehensive advice but merely a way to gain some of the information you may need to accomplish your goals. Care needs to be taken to surround yourself with capable tax, legal and financial advisors who understand your unique situation in order to successfully navigate a business transaction. Relying on any general advice could lead to unmet expectations and unfortunate outcomes. We would welcome the opportunity to sit down with you to discuss this further.
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