The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

What procedure does a seller follow when receiving several comparable Letters of Intent to purchase his busine

Does the P&L preceed Due Dilligence ?

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., "www.mywebsite.com"

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, or to rant about personal issues. It's all in the guidelines.

Submit Your Answer
Answers (1)
No User Photo
The BAF Group LLC
MD

Comparable is not necessarily about Price. It could be about Terms. It could be about which one is best from a Tax perspective. And it could rest on the strength of the Buyer. Once you measure those out, you can either select one or let them bid each other up.

Feb 27, 2013

Start a Discussion