Who Drives the Deal? | Ep. #5
Description
Welcome to The BDO Show! A podcast for passionate BDOs wanting to level up their game with advice and stories from battle-tested BDO’s.
Ever wonder who the maestro of a deal really is? Strap in as we unravel the web of SBA loan negotiations and the indispensable role of a BDO. Our lively exchange reveals the delicate balance of leadership and collaboration necessary to shepherd deals to their fruitful end. Alan lets us in on his strategy of setting the pace early on, then deftly passing the baton to the bank's machinery, showcasing that success hinges on a well-oiled team and process.
Dive headfirst into the trenches of loan closing with us as we dissect the symbiotic dance between BDOs and business brokers. With tales from the front line, we illuminate the art of keeping a deal's pulse racing and the inestimable value of local brokers in sealing acquisition deals. We confront the often-murky waters of maintaining engagement from all parties, avoiding the quicksand of seller hesitations, and sparking the fire under brokers to carry the torch over the months-long finish line. This episode is a masterclass in distinguishing the virtuosos from the 'Gmail brokers' in the orchestra of deal-making, and much more into the team of players who ultimately drive the deal together.
Please e-mail us any questions, or suggestions for future episode topics at TheBDOShow@Gmail.com
This episode is sponsored by:
SBA Protection Quick Close Life Insurance – the fastest, easiest way to secure the insurance protection your borrower needs for their SBA loan. For more information, visit their website www.sbaprotection.com or email Adam Bergen at Adam@SBAProtection.com