Startup Funding Espresso Why Build a Target List of Buyers
Why Build a Target List of Buyers Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In preparing to sell your business you\u2019ll need to build a target list of buyers. Here\u2019s a list of reasons for why it\u2019s important: Focus -- the list focuses your efforts on those who are the best fit for your business so you know who to work with. Time -- the list saves you time by not wasting efforts on those who are not a fit.\xa0 Price -- the list helps you maximize your selling price by focusing on the buyer\u2019s key care. Terms -- the list helps you negotiate the best terms for your deal. Efficiency -- the list puts efficiency into the process by eliminating sub-optimal buyers. Mission -- helps you achieve the company\u2019s mission and goals by finding the right buyer. Ideal -- helps you identify the ideal buyer providing the best outcome for the team. Unlike fundraising in which you talk with any potential investor, selling your business requires a focus upfront on the ideal buyer list. \xa0 Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let\u2019s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0\xa0 For Feedback please contact info@tencapital.group\xa0\xa0\xa0 Please , share, and leave a review. Music courtesy of .