Exclusivity is often required by advisory firms when selling a business. But is an exclusive engagement in the Seller’s best interests? Here’s the answer.
— LINKS —
– Retain Key Employees During a Business Sale
– When to Tell Employees (and How to do it!)
How to Sell a Business: Exclusive Engagement; should you go Exclusive, and Why?
Why do most M&A advisory firms require exclusive engagement agreements to sell your business? What are the differences over a non-exclusive engagement? And, as a seller, should you agree to it?
These questions are often asked by business owners, and it’s no surprise… The decision must be made early on in the process, but is often critical to a successful outcome.
In this video, we discuss Exclusivity and why most advisors require it, as well as the major factors sellers should consider when making their decision.
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