How can a Buyer standout with a deal like this from @Ola_Mesh ? This is a great question:
Buyers with industry and deal experience stand out. Other factors: committed capital, geographically near the business, and nice to work with. Sometimes…nice to work with beats out other important factors.
@Ola_Mesh Great question. Buyers with industry experience, deal experience stand out. Other factors: committed capital, geographically near the business, and nice to work with.
Common scenario:
> Seller goes to market for $5M
> Buyer offers $5M
> QoE cuts earnings
> Financing only supports $4M
> Seller won’t budge from $5 million
> Buyer offers a contingent note to bridge the gap
A primer on contingent notes:
https://t.co/EY0Sb2oApt
Happy to share that we helped a client buy a home services business, working with them from the first offer all the way through closing.
These are the deals we love getting to do. If you're considering an acquisition of your own, let's connect.
I have an out-of-office message up right now.
I take my business and my family incredibly seriously.
I have an out-of-office message up this week because I get a handful of weeks each year to make lasting memories with my family, and when that time comes, I’m intentional about being present.
At @smblawgroup, one of the fastest-growing law firms in the country, we encourage our team, especially our highest performers, to do the same.
The work we do is demanding. Time away isn’t a sign of less commitment; it’s part of sustaining excellence over the long term.
An out-of-office message doesn’t mean I’m unavailable. It simply means people know what to expect and who can help if they need something immediately. In fact, I closed a significant transaction this week with my away message on.
Some of the best lawyers I know spend days in trial, in depositions, or traveling for clients. They use out-of-office messages too. It’s a professional courtesy, not a measure of commitment.
The seriousness of a professional isn’t determined by whether they have an away message. It’s determined by the quality of their work, the way they serve their clients, and whether they consistently deliver when it matters.
Sellers can spot a performance from a mile away.
I share some small, practical ways I recommend you show up as a real operator: your actual background in the frame, clothes that fit the job, and language that matches the industry. These details seem minor—but they’re exactly what make you feel credible and relatable.
Authenticity isn’t a buzzword here; it’s a closing skill.
Sellers can spot a performance from a mile away.
I share some small, practical ways I recommend you show up as a real operator: your actual background in the frame, clothes that fit the job, and language that matches the industry. These details seem minor—but they’re exactly what make you feel credible and relatable.
Authenticity isn’t a buzzword here; it’s a closing skill.
The shell game.
Working on a QoE for a trucking company. Two divisions. No big deal, happens all the time.
Year one: revenue split 50/50 between the two divisions. Clean.
Year two: they "reclassify" two or three revenue streams from Division A into Division B. Ok, that happens.
Year three: "Oops, we messed up that reclassification." So they move it back. But they also shuffle some revenue streams from B into A.
See what's happening?
Every time you start to recognize a trend in the numbers, they move the goalposts. You figure out what they did the first time, they switch it back with extra stuff mixed in.
Three years of financials and you can't tell what's sustainable. Not the revenue, not the costs, not the profits. None of it.
This is one of the oldest tricks in the book. Multiple divisions or revenue streams give sellers room to play games between entities that are almost impossible to catch without a real QoE.
And this is before I even get into intercompany transactions. That's a whole other nightmare.
If you're buying a business with multiple divisions, don't take the accounting at face value. Make sure the numbers between those entities actually make sense when you put them together.
~ Happy place doing what makes me happy.
In 2023, I decided to pursue something I have always wanted to do alongside filmmaking, which is photography. I have gotten better at it and am still learning - happy to always do this when I can, and it gives me so much joy.
📷 : @Cinemmaofficial