Category: Due Diligence

Question: We are currently in due diligence on a wholesale/distribution company and we are finding the operations do not seem to run as smoothly as the seller has indicated. My future partner feels we should try to get a price…

Question: Hello Richard. I purchased your course last December and it's been very helpful. In my area (Seattle) the business listings have been terrible for the last six months. To combat that, I've decided to expand my search to relocatable…

Q: How do I go about determining the value/selling price of a service business? I am a CPA who is interested in selling my practice and purchasing a practice in another state but I am confused about how to determine…

Q: I recently received a UFOC that a bold print warning on the front page from the state of Illinois, referring to the large numbers of transfers, terminations and closings. They seem to keep about the same number of franchises…

Question: I'm considering the purchase of a distributor business I've seen and like. My only worry is that one of their customers generates about 40% of the business. How can I protect myself? Answer: The seller has to guarantee that…

Due diligence is probably the most critical stage in the buying process. Many prospective buyers incorrectly identify this period as strictly a financial review. However, an effective due diligence goes far beyond the numbers. Due diligence is the complete investigation…