Featured Article
AUGUST, 2008
Due diligence is a critical phase in the sale of any business when the buyer and his/her trusted advisors perform several kinds of audits to: (1) Confirm everything the seller has represented about the business is true and (2) Make certain that there are no hidden surprises. When the buyer's due diligence uncovers serious discrepancies and/or deficiencies, it is not uncommon for the buyer to require a significant reduction in the purchase price and/or a significant tightening of the terms in order to still close the deal. Frequently, the deal may fall apart altogether if the deficiency is serious enough.
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Featured Business Opportunity
80213116 - MANUFACTURING / IMPORT, Sewing Notions
Consumer Branded Products Manufacturer with long term, vendor partner relationships with some of the largest, US big box retailers. Manufactures unique line of sewing notions; distributes full line of seasonal embroidered products; distributes full line of crafting polyfoam products; contract manufacturer for corporate & team logo-wear.
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Upcoming Events:
Mike Ertel will be part of a panel speaking on the security licensure for business brokers topic.
About Mike
J. "Michael" Ertel is a professional Certified Business Intermediary and Merger & Acquisition Master Intermediary who specializes in assisting Buyers and Sellers with Mergers and Acquisitions in the Manufacturing, Distribution, Construction and Business to Business Services Industries.
Degrees Held:
BSEE, Purdue University, 1969
MSIA, Krannert School of Management, Purdue, 1969
Professional Designations:
Certified Business Intermediary (CBI)
M&A Master Intermediary (M&AMI)
Co-Chair A M & A A Licensure Task Force
More about Mike
Recent Blog Posts
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What’s Involved In Due Diligence When I Sell My Business?
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