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Tip #187: Selling a Business Can Be a Bumpy Road.
The sale of some businesses can go very smoothly, but oftentimes, there can be a number of issues that make it frustrating and challenging. A buyer can find something they don’t like, they can make strong demands or even back out of a transaction. Or sometimes they just disappear. And banks can deny a loan for many different reasons. So, a seller must be prepared for a bumpy road. Working with a business broker or mergers and acquisitions advisor can help smooth out that road.