Paul Inouye says that when a SaaS or software business is preparing for a sale or merger, there are several things to consider.
Hire an Experienced Advisor: It's crucial to work with an advisor who understands the tech software industry's ins and outs. His knowledge of the strategic and financial buyers will help him determine the best way to position your company in front of them.
It's necessary to align your key stakeholders.
Paul Inouye explains that key shareholders and board members must be on the same page regarding the process, goals, and expectations. In addition, you'll want to make sure that the appropriate senior executive team is aware of the transaction and that they are encouraged to assist.