In this episode, we discuss the intricacies of business transactions, focusing on efficiency and the impact of lost days.
We examine a lengthy liquor store deal in depth, highlighting challenges such as managing multiple buyers, non-responsive attorneys, IRS liens, landlord approvals, and the impact of losing days. Andy emphasizes the importance of tracking activities, having a project manager, and maintaining timely due diligence.
Whether you’re a seasoned business advisor or just starting out, this episode provides practical insights that can be applied to navigating complex deals and maintaining efficiency. Don’t miss this engaging and informative discussion!