How to Choose the Right Buyer When Selling Your Business
Selecting the right buyer is about far more than price. In this interview with Mike Harris, Worksighted CEO, explains how factors like deal certainty, buyer preparedness, and alignment on expectations can be just as important as valuation. He breaks down the difference between private equity and strategic buyers, and why understanding what each expects from the owner post-transaction is critical.
He also shares how to evaluate seriousness early in the process—looking at the depth of a buyer’s diligence, the quality of their questions before an LOI, and whether they truly understand what they are buying. Ultimately, he emphasizes that trust, transparency, and comfort with the buyer team can be the deciding factor in selecting the right partner for a successful exit.