William G Freels III

What happens when you execute the LOI to sell your company and later realize the buyer of your business is a jerk? Or worse?? In a perfect world, you'd end the discussion with them and move to a better choice. Sadly, it's not that easy. Here's some key steps to make sure this trouble doesn't kill your deal: 1. Review Terms: Check the LOI for termination clauses 2. Consult Advisors: Get legal and financial advice They might help negotiate the termination. 3. Draft Notice: Clearly state your intention to terminate. Get legal help here! 4. Deliver Notice: Send via agreed method and confirm receipt. They may ghost 👻 you so this matters. With the right M&A counsel and/or right transaction advisor, your process will stay on track, even if it loses a little time and momentum before getting to the finish line. Give us a few minutes - might save or make you $Millions! Maybe more!!

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M&A Tip: Know your business's worth. Don’t guess your business value. Instead, get a professional valuation. This ensures you maximize your exit strategy. Have you figured out what you will need after selling your business? Do you need help determining your business's worth? Email me at [email protected]. Share or comment if you found this helpful. #BusinessValuation #ExitStrategy #FinancialSecurity #TheCapitalistsCorner

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Hey Founders! Unless you have Scott Galloway, Simon Sinek, Adam Grant, or another business guru in your corner, when it's time to sell your company you'll need to decide on whose advice to take, and more so, which well meaning guidance to ignore. Be careful not to "answer shop" by asking until you hear what you want to hear, and make sure the advice giver has done their reps in the M&A Gym with lots of #buyout transactions under their belt. Opinions are nice, and well meaning but unskilled advice might come from the right place, but you've spent decades and maybe even generations building to this sale - you'll only get one chance to do it right 🤓 Click on the video and give us a few minutes. Might make or save you $Millions! Maybe more!!

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In this video, I’ve shared: What kind of due-diligence do you need? How can you evaluate the financials? And much more... To watch the full episode, tap here: https://lnkd.in/gx7b9K7A #businessbuying #buyingabusiness #businessacquisition

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𝐌𝐞𝐞𝐭 𝐒𝐭𝐞𝐯𝐞𝐧, 𝐭𝐡𝐞 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐂𝐨𝐧𝐬𝐮𝐦𝐚𝐛𝐥𝐞𝐬 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐨𝐫 𝐰𝐢𝐭𝐡 𝐚 𝐒𝐮𝐩𝐩𝐥𝐲 𝐂𝐡𝐚𝐢𝐧 𝐂𝐥𝐨𝐠 📦 Steven was excellent at his job. He sourced top-quality supplies —bandages, syringes, surgical gloves—and reliably got them to hospitals and clinics. His clients trusted him, referrals were strong, and his business grew. Yet, his supply chain had a persistent snag: unpredictable cash flow. Steven would buy inventory upfront, deliver a large order with the utmost care, and then wait... and wait for invoices to be paid. Meanwhile, his warehouse rent, suppliers, and his team's salaries wouldn't hold off. This delayed payment cycle stressed him, even when orders were plentiful. Then, a colleague connected him with Martin Cattach, a cash flow strategist specializing in cash flow problems. Here's how they got Steven's financial supply chain moving smoothly again: Martin analyzed Steven's order cycles and inventory costs, helping him set up progress payments for larger shipments. No more extended periods of working capital being tied up! They tightened up Steven's invoicing procedures. Clear due dates, timely reminders, and even a small discount for early payers encouraged prompt payment. Most importantly, Martin helped Steven access a line of credit. This provided a safety net for emergencies and the ability to buy in bulk when suppliers offered discounts. 𝐓𝐡𝐞 𝐫𝐞𝐬𝐮𝐥𝐭? 𝐀 𝐡𝐞𝐚𝐥𝐭𝐡𝐢𝐞𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐟𝐥𝐨𝐰. Cash started moving more steadily. Steven could reliably cover payroll, replenish inventory on time, and the constant stress. It began to subside. He's even considering expanding his warehouse to accommodate his growing business. 𝐓𝐡𝐞 𝐌𝐨𝐫𝐚𝐥 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐭𝐨𝐫𝐲: Sometimes, it's not about how MUCH you supply but how smoothly your resources flow. If your medical distribution business is feeling the strain of delayed payments, don't try to bandage the issue alone. A strategist with experience in your field might see the simple solutions you're missing, including funding options to ensure a steady supply. Ready to optimize your financial health? Reach out to our working capital strategist, Martin Cattach, today.  #Accounting #BusinessFinance #smallbusiness #businessownership  #ILOVEWHATIDO #cashflow #constructionindustry #ACashGapStory  #CashFlowChallenges #BusinessSuccess #WorkingCapitalStrategist

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Looking to secure an SBA loan for an apparel manufacturing company? When John decided to buy an apparel manufacturing company, he knew he needed an SBA loan to make his dream a reality. He was advised that a well-written business plan was needed for his SBA loan. Here's why a comprehensive business plan is essential when applying for an SBA loan to buy an apparel manufacturing company: 🎯 It demonstrates your understanding of the apparel industry and your ability to operate a thriving business. 💰 It outlines your financial projections, including revenue, expenses, and cash flow, helping lenders assess the viability of your venture. 📈 It showcases your growth strategy and how you plan to compete in the market, giving lenders confidence in your ability to succeed. 🧩 It identifies potential challenges and opportunities, allowing you to proactively address them and demonstrate your preparedness to lenders. 🤝 It serves as a communication tool between you and the lender, building trust and credibility in your vision for the apparel manufacturing company. John took the advice to heart and spent time crafting a detailed business plan. He included thorough market research, competitive analysis, marketing strategies, and financial projections. His comprehensive approach impressed the lender, and he successfully secured the SBA loan to purchase his dream apparel manufacturing company. Remember, a well-prepared business plan is not only essential for obtaining an SBA loan but also serves as a roadmap for your apparel manufacturing company's success. It helps you navigate challenges, seize opportunities, and achieve your long-term goals. 🌟 If you need assistance, reach out to Bethany McClellan or Ross McClellan at Rapid Business Plans. #ApparelManufacturingAcquisition #SBALoan #BusinessPlan #ApparelIndustrySuccess #EntrepreneurialJourney Peak Business Valuation

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There are fewer buyers in the market, which in turn equals more of a buyer's market from a seller’s perspective. Watch this video to learn how. #businessbuyingexpert #buyingbusinesses #buyersmarket

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Agenda for Q3 Tax Check-In We receive financials and paystubs ahead of time. 1. How’s business? 2. How’s your sales pipeline? 3. Any big purchases on the horizon? We provide a tax projection and send links to pay Federal/State. All in all takes about 30 minutes. But the real work took years to gain the experience needed to be able to deliver a nuanced result. #SMB #RIA #ecommerce RV Home Office

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Matt Tait came from the world of SaaS and is no stranger to acquisitions. On our most recent episode of Market Mastery, Matt talked through the profile of organization he looks for when considering acquisitions. They want to stay laser focused on the services they provide, but add companies with expertise and a client base outside of what they have today. Listen to the full episode wherever you get your podcasts to hear more about Matt’s inorganic growth strategy and how he took Decimal from 0 to over 80 employees in the last 4 years. 

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Solve the riddle... You're smart enough, right??? Let me use your money and use inflation to my advantage. Borrow your money today and promise to pay you back in the future with inflated dollars. What am I???? #realestate #entrepreneur #entrepreneurship

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Trust is everything in business. That’s why at Irontrax, we’ve spent years building relationships based on reliability and expertise. It’s about making sure our clients know they’re in good hands every step of the way. #TrustInIrontrax #ClientRelationships #Leadership

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Ready to sell? Not so fast! It’s crucial to ensure that selling aligns with your personal goals and the future vision for your business. Make an informed decision by exploring these key considerations:

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Recurring theme: Today, while valuing a $20M HVAC business, the same issue appeared again—businesses outgrowing their advisors. In this case, the bookkeeper had been with the company for nearly 20 years but wasn’t equipped to handle the financial complexities of a multi-million-dollar operation. The business grew, but the advisor’s skills didn’t. As a result, discrepancies surfaced in the books—particularly with inventory and cash versus accrual—that could complicate a potential sale. It’s understandable that the relationships you’ve built over the years can make these conversations difficult. You might feel like you’re being disloyal by making changes, but as your business grows, it’s critical to address these gaps. Loyalty doesn’t have to mean sticking with an advisor who can’t meet your current needs—it can mean ensuring your business has the support it needs to succeed. When preparing to sell, having advisors who truly understand both your industry and the size of your business is crucial. Regularly reassess your advisors to ensure they have the expertise and industry knowledge to support your business as it scales. Whether it’s your bookkeeper, CPA, or attorney, make sure your advisors are suited for the business you’ve built today—not just the one you started. It could save you from significant headaches when it’s time to sell.

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