Capital Insights

Deal Readiness: Check Who Can Decide When the Principal Is Away

Medro Advisors · Research and commentary from Don McClain

By Don McClain | Founder & Principal, Medro Advisors

The September 23 archive identifies decision makers as part of readiness. Test that assumption before a time-sensitive step: who can answer ordinary questions if the principal is unavailable, and which decisions must wait? Record the approved contact and limits of their role without treating participation as signing authority. Let counsel confirm required authority for binding documents. Medro can help coordinate the communication plan. A backup contact reduces confusion; it does not expand anyone’s permissions.
Archive source: 2026-09-23.
Author: https://www.donmcclain.net/
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