Why Good Deals Are Hard to Find, 60% of LOIs Fail, And What CPAs Already Know

Most deals are hard to find because the seller is not ready when the buyer is looking. Most LOIs fail because the seller was not ready and nobody realized it until diligence. After watching deal after deal fall apart for preventable reasons like messy financials, tax surprises, missing documentation, owner dependence, or basic timing issues, I started working on something new: a CPA gated readiness platform that helps owners prepare one to three years before going to market. CPAs already hold the financial truth and the trust, but the profession has no standard process, no clear way to bill for readiness work, and no tools to guide clients through it. Everything ends up rushed, reactive, and expensive. That is why sixty percent of LOIs fall apart. I am putting together a small group of forward thinking CPAs and ETA buyers to help shape the early workflows and to get an early look at the first set of CPA verified businesses going through the process. If you have a CPA you trust for diligence or exit advisory, or you are a CPA who works with owners approaching succession, or you are a buyer tired of preventable deal failures, I would appreciate introductions and participation. I am not selling anything. I am simply bringing together the right people to fix a problem that everyone sees. Happy to share more if helpful. All the best, Michael