How to Do Diligence Confidently (Do Diligence Confidently Ep. 5)
Listen on Apple Podcasts, Spotify.
Show Notes
Emily Holdman and David Cover walk through how to use the Diligence resources found at www.permanentequity.com and why we hope this project helps more sellers navigate the diligence process confidently.
THIS PODCAST IS ACCOMPANIED BY MORE DILIGENCE RESOURCES AT:
https://www.permanentequity.com/diligence
CONNECT
Want to connect with Permanent Equity? https://www.permanentequity.com/contact
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Follow founder & CEO Brent Beshore on X https://twitter.com/BrentBeshore
Sign up for our newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Visit https://www.permanentequity.com/ for more
TIMESTAMPS
0:00 Most People Will Only Navigate Diligence Once
1:21 Anyone Should Be Able to Navigate Diligence Confidently
2:16 Resources to Help You Diligence Confidently
3:08 The Checklist
4:33 Building Your Diligence Team
5:59 Essays
6:55 Downloadable Interactive PDF
8:09 Do Diligence Confidently
EPISODE CREDITS
Produced by David Cover
Music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
Building Your Diligence Team (Do Diligence Confidently Ep. 4)
Listen on Apple Podcasts, Spotify.
Show Notes
Diligence requires a team effort. In Episode 4 of Do Diligence Confidently: Navigating the Due Diligence Process to a Deal, Emily Holdman and Taylor Hall give tips for how to assemble your team internally and how to hire external support from intermediaries and lawyers.
THIS PODCAST IS ACCOMPANIED BY MORE DILIGENCE RESOURCES AT:
https://www.permanentequity.com/diligence
CONNECT
Want to connect with Permanent Equity? https://www.permanentequity.com/contact
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Follow founder & CEO Brent Beshore on X https://twitter.com/BrentBeshore
Sign up for our newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Visit https://www.permanentequity.com/ for more
TIMESTAMPS
0:00 Intro & Assembling Your “League of Gentlemen”
1:10 Who In Your Organization Are You Going to Involve?
1:55 Hiring Outside Advisors
6:28 Advice for Hiring a Lawyer
11:43 Advice for Hiring an Advisor or Intermediary
EPISODE CREDITS
Produced by David Cover
Music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
The Process: From First Call to Close (Do Diligence Confidently Ep. 3)
Listen on Apple Podcasts, Spotify.
Show Notes
In Episode 3 of Do Diligence Confidently: Navigating the Due Diligence Process to a Deal, Emily Holdman and Tim Hanson explain what the process of selling your business looks like from the introductory call to close.
THIS PODCAST IS ACCOMPANIED BY MORE DILIGENCE RESOURCES AT:
https://www.permanentequity.com/diligence
CONNECT
Listen to the podcast David mentions on “How to Sell A Business in 2023” https://www.permanentequity.com/content/how-to-sell-a-business-in-2023
Want to start a conversation with Permanent Equity? https://www.permanentequity.com/contact
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Follow founder & CEO Brent Beshore on X https://twitter.com/BrentBeshore
Sign up for our newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Visit https://www.permanentequity.com/ for more
TIMESTAMPS
0:00 Intro & Three Olds Talking About New Slang
1:41 Step 1: Information Gathering Conversations
3:30 Step 2: IOI (Indication of Interest Letter)
6:54 Step 3: Site Visit(s)
9:15 Step 4: LOI (Letter of Intent)
10:33 Step 5: Diligence
14:05 Step 6: The Business Deal
15:10 Step 7: Purchase Agreement
18:40 Step 8: Close (The Finish and the Starting Line)
20:22 What’s Next?
EPISODE CREDITS
Produced by David Cover
Music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
Navigating the Due Diligence Process to a Deal (Do Diligence Confidently Ep. 2)
Listen on Apple Podcasts, Spotify.
Show Notes
Due diligence done right is about building relationships while building the deal. In Episode 2 of Do Diligence Confidently: Navigating the Due Diligence Process to a Deal, Taylor Hall and Tim Hanson explain to David Cover and Sarah George-Waterfield the purpose of diligence, why Permanent Equity approaches it with a posture of being helpful, and why problems found in diligence don’t have to be deal killers.
THIS PODCAST IS ACCOMPANIED BY MORE DILIGENCE RESOURCES AT:
https://www.permanentequity.com/diligence
CONNECT
Want to start a conversation with Permanent Equity? https://www.permanentequity.com/contact
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Follow founder & CEO Brent Beshore on X https://twitter.com/BrentBeshore
Sign up for our newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Visit https://www.permanentequity.com/ for more
TIMESTAMPS
0:00 Intro & What Is Diligence?
4:29 Advice for Navigating the Due Diligence Process to a Deal
6:37 Help Your Buyer Confidenlty Take Risk
7:29 What Kinds of Problems Kill a Deal?
9:54 Why We Don’t Play the Gotcha Game
12:31 An Intervention for Taylor’s Insanity
14:09 Get Things “Cleaned Up”
17:29 How to Build Trust With Your Buyer
21:23 What Happens When Issues Come Up In Diligence
23:36 Why Diligence Can Feel Overwhelming
26:31 What Would Cause a Deal to Die?
27:54 Our Approach to Diligence
30:03 What’s Next?
EPISODE CREDITS
Produced by David Cover
Music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
We’ve Open-Sourced Our Diligence Process (Do Diligence Confidently Ep. 1)
Listen on Apple Podcasts, Spotify.
Show Notes
Due diligence is intense. But it doesn’t have to be mysterious or a gotcha game. In Episode 1 of Do Diligence Confidently: Navigating the Due Diligence Process to a Deal, Tim Hanson and David Cover share why Permanent Equity has open-sourced their diligence process and introduce some of the topics and resources to help sellers and investors navigate diligence confidently.
THIS PODCAST IS ACCOMPANIED BY MORE DILIGENCE RESOURCES AT:
https://www.permanentequity.com/diligence
CONNECT
Want to connect with Permanent Equity? https://www.permanentequity.com/contact
Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions
Follow founder & CEO Brent Beshore on X https://twitter.com/BrentBeshore
Sign up for our newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter
Visit https://www.permanentequity.com/for more
TIMESTAMPS
0:00 Why Open-Source Our Diligence Process?
2:26 We Built a Lot of Diligence Resources at permanentequity.com
3:34 Diligence Doesn’t Have to Be That Hard
4:34 Let’s Do Diligence Confidently
EPISODE CREDITS
Produced by David Cover
Music by Jees Guy
WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT
Visit https://www.permanentequity.com/ for more
Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter
Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions
Check out our other podcast episodes here: https://www.permanentequity.com/audio
LEGAL DISCLAIMER
This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
