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Tony Brown

How to Sell a Business: Exclusive Engagement; should you go Exclusive, and Why?

September 21, 2016 by Tony Brown Leave a Comment

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 —
Videos:
– Retain Key Employees During a Business Sale
– When to Tell Employees (and How to do it!)
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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.

If you found this video helpful, we’d appreciate a share and make sure to leave a comment!

Head over to tonybrown.net/subscribe to register for all our new video updates, and be sure to check out our complete ‘How to Sell a Business’ series for plenty of other tips and strategies for improving the outcome of your business sale process.

— Related Content —
– Retain Key Employees During a Business Sale
– When to Tell Employees (and How to do it!)
—

Filed Under: Selling A Business

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