This fear of proceeding alone into the unknown often leads Acquisition Entrepreneurs (AEs) to seek out a partner to accompany them on their business buying journey. After all, it’s a lot easier to justify a decision when two people agree on it – even if it turns out to be the wrong decision.
Financial due diligence is just not for security brokers. Anyone looking to make an investment, such as purchasing a business, should perform due diligence with the highest standard of care.
Due diligence is an audit or investigation of the potential business you want to acquire. Besides reviewing financial statements, any interested party should do their best to confirm any stated facts by the seller.
What You’ll Learn The difference between an owner-run company and a management-run company. How resources, priorities, and processes work together to make your business more efficient. Why culture and core …