Deal Offer Sheet for Successful Acquisitions
In this video, I discuss the importance of using a deal offer sheet as you embark on your acquisition journey. I emphasize keeping track of key details like company names, asking prices, SDE or EBITDA, and your offers, as well as evaluating growth potential on a scale from one to five and how you feel about each deal, with the reasons why.
It’s important to go through this exercise and take inventory. I also highlight the significance of understanding post-debt income to gauge your potential earnings. If you're waiting for the perfect business, be prepared for a long process; instead, I encourage you to create a buyer profile and start making offers. Remember, taking action is crucial to your success in this field, so get those Letters of Intent out there! You will find out more in due diligence, that’s what really matters.
With acquisition pros we allow you to go through due diligence on a few businesses if needed. This is just one of many ways we help buyers streamline the acquisition process at Acquisition pros. Contact us and set up a meeting.