Summary: Evaluating and buying into a financial-advice practice calls for basics like proper accounting and getting a sense of the firm’s prospects over time, according to Nerd’s Eye View. But crucially, success in this realm also calls for having the guts to abandon deals that aren’t right in every last respect, the blog adds.
 When valuations appear untenable or there is no agreement about the structure of the company and its financials, it’s best to abandon the deal. This can be a tactic to prompt redress of the issues the prospective buyer wants fixed — or a final goodbye to a potential drain on time, effort, money and patience.”To read the Nerd’s Eye View article cited in this story, click here. |
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