Here’s an interesting story I got from an acquaintance who ran a successful business that positioned him as a market leader in his niche. One day somebody contacted him and asked if he was willing to sell his business or open it up for partnership. He mentioned his selling price and that somebody agreed to it.
Because of which they went through the motions of selling the business. There was the due diligence review and the tour of the business process flow. After acquiring all this data the guy then said he needed time to digest it, so they parted ways.
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July 7th, 2009
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