Reducing those risks takes a good process, emotional control, discipline, savvy advisors, and relentless hard work. Though just about anyone can do it.
What follows are 10 tips that cover each stage of the acquisition process (a lot is left out, but I want to show that the process isn't complicated)...
Surprise! The close is just the beginning...
Now, as an owner, be humble, communicate (a lot), and execute. Don't rush...you have plenty of time to shape and mold the firm.
There are no shortcuts. Some people get lucky and find a business quickly or a great business that is a rocketship, but every journey is special and will be YOURS