Ep169 How Transaction Insurance Reduces Risk for Franchise Buyers & Sellers with Paul Benjamin

Key Takeaways:

Why transaction insurance is becoming a game changer for Australian business sales

How buyers and sellers can both benefit from additional protection during a business acquisition

Why this insurance has traditionally only been available for large corporate mergers and why that's changing

How the product can reduce financial risk and improve buyer confidence

Why franchise businesses are particularly well suited to this type of protection

How lenders, accountants, lawyers and business brokers can benefit from understanding this new solution

TIMESTAMPS

0:00 Welcome from the Melbourne Franchising Expo and introduction to Paul Benjamin founder of Benjamin & Benjamin Insurance

0:40 Introducing a new transaction insurance product for buying and selling businesses in Australia

1:06 Why transaction insurance has traditionally only been available for business sales above $100 million

2:12 How warranty and indemnity insurance protects both buyers and sellers during a business sale