Small businesses have limited resources and every decision is crucial. You need to know when to jump on an opportunity and when it’s too good to be true. And no one knows how to do this better than uber businessman Warren Buffett.
In the book “How To Close A Deal Like Warren Buffett,” authors Tom Searcy and Henry Devries examine Buffett’s decision-making traits to see what he looks for when closing deals.
“Warren is famous for doing enormous deals with as little information as a few pages of business plans and the standard financials that a company would submit to a bank in order to qualify for a loan,” Searcy and Devries write, adding that business leaders can use this set of principles and effective strategies to gain “explosive, major growth” for their own businesses. Here are four ways to follow Buffett’s lead when it comes to closing deals for your own company.
