https://berkonomics.com/?p=1812&utm_source=rss&utm_medium=rss&utm_campaign=a-million-things-can-kill-the-deal Dave Berkus' business insights Tue, 01 Oct 2013 20:35:53 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://berkonomics.com/?p=1812&cpage=1#comment-11329 Tue, 01 Oct 2013 20:35:53 +0000 https://berkonomics.com/?p=1812#comment-11329 In the dance of the kimonos or the onion peels
A closing can be as slippery as the proverbial eel
The buyer will not be a mushroom and cannot be kept in the dark
But for the seller he must be sure initially his agreement defangs a buyer shark
Keeping a potential deal secret is a pipe dream disappearing with the first appearance of laptops and suits
Employees need to know it may happen so jobs as usual and no daydreaming of future loot
There are a million reasons for a deal to go wrong
This poet cannot write in iambic that long
But would emphasize this prudent thought
Seller should know the buyer well or the deal may come to naught
Due diligence should be a thorough, phased mutual two way street
If the deal fails, make sure your workers, suppliers and customers you will always get to keep. (c) October 1, 2013 Michael P. Ridley aka the Alaskanpoet
Astute as always Dave, back in the land of iambic living. Thanks for having me on the mailing list

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