“Time kills deals. The longer from start to finish, less likely the deal is to transact... acquirer threw stuff at them during 90-day period to distract and negotiate down price”
♫
Said on Owner To Owner Podcast
“Typically, it lands somewhere between 12 months and two years. Of course, as the buyer, you want as long as possible. The seller wants as short as possible”
Jordan Morelli · Veterinary Business Podcast · What's Hiding Underneath the Clinic You Want to Buy
Play from 21:27
21:27
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
recommend negotiating the survival period for representations and warranties to be 12-24 months, with the buyer seeking the longer end
12 months to two years
Said nearby on the same subject
“Your goal is to have one document, that is the purchase agreement, with what's called disclosure schedules. And if there's anything odd about the clinic or there's any exceptions to what's called representations and warranties, you want them disclosed in the agreement”
JM
Jordan Morelli
Veterinary Business Podcast ·
“‘...our clients are taking, they’re deferring their tax payments for longer… instead of a month or two or six months, that period has really grown.’”
♫
Said on Notes From The Executive
“So the longer your waiting period, typically the cheaper you'll cover.”
SB
Shamir Brown
The Property Couch ·
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