Preemptive Offers: How to Respond
As a part of many lawn or landscape business sale processes, offers are solicited from multiple potential buyers, often including both strategic and financial buyers. Every business sale process is different, but it is not unusual for several offers to be in a reasonably narrow band near what the market may consider fair market value for similar businesses. There are often also buyers with offers below that narrow band, which usually include buyers that can be regarded as “value buyers.” It is also not unusual to have an offer that is significantly above the fair market value band. When they … Read more