Checklist for Purchasing a Business
You have taken the leap and decided to purchase a business! Below is a helpful checklist for you to keep in mind when requesting important information from the seller:
- Company’s Business Registration documents
- Company’s Financial Information such as accounts receivable/payable
- List of Inventory and Equipment
- Copies of Lease Agreements between the Landlord and Seller
- Income Tax Returns and Business Licenses/Permits
- Proof of Business’ Insurance Coverage
The above is just a few of the important items to consider when examining a potential business to purchase. Consult with our experienced small business attorney who can help guide you and represent you in your purchase of an existing business. Schedule a consultation or contact us today.
