Build Rapport: Establish trust and goodwill with the seller through genuine engagement and relationship-building efforts, facilitating smoother negotiations.
Conduct Due Diligence: Verify financials, assess business value independently, and analyze market comparables to make informed negotiation decisions.
Negotiate Strategically: Negotiate all deal points, including price and other terms, exploring options like earn-out strategies to reach mutually beneficial agreements.
Avoid Last-Minute Changes: Respect the seller's time and maintain integrity by minimizing last-minute renegotiations and honoring agreed-upon terms.