Van Meer: First-time online business buyers should hire due diligence firms
Ramon Van Meer · From $300k to $35M+ Selling Dog Ramps with Ramon Van Meer, CEO & Founder at Alpha Paw · Oct 22, 2021 · at 30:05
Ramon Van Meer explains how first-time acquirers can avoid fraudulent online business listings by using third-party due diligence providers.
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“If you are new to this, if you are, you know, it's your first business, you can, Hire a due diligence company Centurica, Centurica.com is one. I think those are the biggest well known. You pay, you know, it depends on the listing price, but it's as cheap as a couple hundred dollars. And it goes up from there, but they do all the due diligence for you. They look through all the traffic. Is it legit? Is the revenue legit? Is whatever, everything they claimed, is it all legit? And then they can come back to you with like, well, we looked at all the data, all the numbers you bought it for 1.2, but we think it's actually worth 900 K because these are the reasons. So definitely recommend going with a due diligence company like Centurica.”
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